SHU Places Third in ACG Connecticut Cup Competition

News Story: April 1, 2011

A team of students from Sacred Heart University’s Jack Welch College of Business placed third in the prestigious ACG Connecticut Cup Competition in March. The event was sponsored by ACG Connecticut, the Connecticut Chapter of the Association for Corporate Growth (ACG), the premier authority on corporate growth, corporate development, and mergers and acquisitions. SHU students competed against peer teams from the Yale School of Management, UConn, Quinnipiac University, and others from across the state.

The event took place on March 28, 2011 overlooking the trading floor of the RBS Building in Stamford. The teams presented valuation, capital markets and M&A strategic advice to a panel of seasoned M&A professionals from within the ACG Connecticut community, including Jim Barra of Ironwood Capital, Mark Campbell of BlumShapiro, Ramsey Goodrich of Carter, Morse & Mathias, Fridolf Hanson of RBS Business Capital, Jamie McCleary of Willis Group and Andrew Runk of CIT Group.

The victorious Yale team was presented with the prestigious ACG Connecticut Cup title and a cash award. The second-, third- and fourth-place teams from UConn, Sacred Heart and Quinnipiac University were also in attendance and received cash awards and prizes. 

Participants in the ACG Connecticut Cup 2011 included:

  • 1st Place. Yale University, School of Management: Michael Barjum, Tugce Dursun, Alejandro Palacio and Jesse Yao
  • 2nd Place. University of Connecticut, School of Business: Oana Dancescu, Rosita Katsi, Shripurna Kulkarni, James Londono and Matt Weier
  • 3rd Place. Sacred Heart University, John F. Welch College of Business: Jim Carroccia, Mark Galletta, Craig Garvey, Andria McBride and Rick Southard
  • 4th Place. Quinnipiac University, School of Business: Kyle Sleczkowski, Christopher Swanson, Thomas Vara and Steven Woodhull

“The ACG competition incorporates much of what we stress in the Welch MBA, especially the linkage between strategy, finance, and competitive analysis. One judge commented to me that our team distinguished itself by the strength of its presentation and I believe that this was due in part to the large number of team projects which are included in our program,” says Anthony D. Macari, director of Sacred Heart University’s MBA program.  Of the three categories judged in the competition (content, presentation and Q&A), Sacred Heart placed first in presentation.

SHU MBA student Andria McBride said of the event, “The ACG Cup competition was an exceptionally rewarding experience that has allowed us to put our education to practical application. We believe that this event has been a great addition to the culmination of our MBA experience and our team is extremely proud to have had the opportunity to represent Sacred Heart University.”

"We are again very pleased with the outcome of our annual ACG Cup competition,” said Jamie McCleary, ACG Connecticut Cup Chairman, and Partner in the Mergers & Acquisitions Group at Willis. “The ACG Cup has become a core part of ACG Connecticut’s programming, serving to introduce new talent to our community of over 280 Connecticut dealmakers and facilitating networking between the state’s best MBA programs and premier M&A firms. We look forward to welcoming these team members and MBA candidates into the ACG Connecticut community and continuing to host the Cup competition in years to come.”

“The competition this year was incredibly close," said Ramsey Goodrich, President of ACG Connecticut, and Managing Director at Carter, Morse & Mathias. “The teams’ presentations were compelling in their different approaches to valuation, transaction structures and positions on non-financial considerations like the roles of management, use of leverage and operational improvements for this case study. Regardless of the outcome, it was clear to all of the judges that the students invested a great deal of time and effort into the analyses and presentations, and we applaud their efforts and look forward to next year’s competition.”