True North Mergers & Acquisitions Announces Leadership Promotions

MINNEAPOLIS, MN January 19, 2024 – Earlier this week, Brian Slipka, Executive Chair and CEO of True North Mergers & Acquisitions, announced leadership and structural changes.

The leadership roles and promotions signify the Company's substantial growth in the marketplace and its commitment to growing its position as a nationally recognized market leader in the lower middle market , especially for founders and companies born out of main street.

"When we officially launched True North M&A in 2021, our goal was to leverage our decades of success within upper mainstreet and become a nationally recognized market leader in lower middle market mergers and acquisitions advisory. I am grateful to the dedicated team who have shown their support and excellence to this mission. We have a long ways to go, but our growth could not have been done without the people. To continue our growth as a market leader, I am proud to announce these promotions and leadership roles."

Erica Gilson will incrementally add Chief Operating Officer to her existing Managing Director responsibilities; Michael Hubsmith has been tapped to Lead Managing Director/M&A Advisory; and Kirill Graminschi has been given the title of Vice President/ M&A Advisory, the highest analyst distinction.

The team is eager to take True North M&A to the next level:

"I am honored and excited to be the COO at True North M&A as we enter 2024. The firm has grown substantially in the several years, and I can't wait to be a part of the team's geographic expansion and to work with more clients in the coming years," says Erica Gilson, the newly appointed COO.

Michael Hubsmith and Kirill Graminschi also expressed their enthusiasm for their new roles.

"It is exciting and extremely satisfying to be a part of the evolutionary growth of TNMA. As a co-founder and former owner of a lower middle market company, the opportunity to serve this vital market tier is enormous," says Michael Hubsmith, True North M&A's new Lead Managing Director.

Graminschi continued by saying, "This is a testament to the incredible support, servant-leadership culture, and collaboration within our team. Bringing passion, innovation, commitment to excellence, experience and passion for advising family and founder-owned companies are all the things the team and I are excited to bring. Grateful for the trust of ownership to help lead our M&A efforts to new heights.”

These enhancements underscore the Company's commitment to excellence, which has already been recognized within the industry in numerous ways since the Company’s formal launch in 2021.

ABOUT TRUE NORTH MERGERS & ACQUISITIONS True North Mergers & Acquisitions, formerly the lower middle market M&A practice within Sunbelt Business Advisors, is a practice focused on providing mergers and acquisitions advisory services for companies with annual revenues ranging from $5 million to $150 million-plus. True North Mergers & Acquisitions was formed to capitalize on the M&A expertise that Sunbelt Business Advisors has developed and on the success the company has had in middle-market transactions. More information is available at www.tnma.com.