Fueling Growth Through Liquidity Events
Presented By: Footprint Capital / GBQ Partners LLC
A liquidity event doesn’t have to mean the end of the journey. For many business owners, recapitalizations, minority investments and other liquidity strategies can provide personal diversification while bringing new capital and resources into the company to fuel its next stage of growth. This session explores how owners can evaluate their options, structure a transaction around both personal and business objectives, and use liquidity as a catalyst for continued growth and long-term value creation.
Moderator:
Managing Director, Valuation Services
GBQ Capital Advisors
Kelly Noll is a Chartered Financial Analyst and Managing Director at GBQ Capital Advisors. After graduating from Ohio University, she began her career in banking and pivoted to business valuation nearly 20 years ago. She loves helping clients understand the valuation process and seeing them succeed in increasing their business value.
Panelists:
Managing Partner
Footprint Capital
Josh works with business leaders on ownership transactions and liquidity events, including sell-side and buy-side engagements and transactions, such as management buyouts, succession and exit planning, ESOP formations, capital sourcing and leveraged recaps. Prior to leading Footprint Capital, Josh was vice president at Insource Spend Management Group. He led Insource through two synergistic acquisitions and ultimately, its sale.
CEO
Sprosty Bag LLC
Adam serves as CEO of Sprosty Bag and Duke Acquisition Co. Adam acquired Sprosty Bag via a self-funded search in 2021 and recapitalized the company alongside the holding company, KCN Companies, in 2025. Through Duke Acquisition Co., Adam and his team are building a platform to acquire and grow packaging businesses in the industrial, chemical, agriculture, and bulk food markets.