The Association for Corporate Growth celebrated its 60th anniversary with a special dinner on Feb. 4, held at the top of Washington DC's famous Hay Adams, featuring a stunning view of the White House. The organization brought middle-market dealmakers together with legislators for the ACG Middle-Market Public Policy Summit at the Grand Hyatt Hotel on Feb. 5. Among the speakers were Sen. Orrin Hatch (R-UT), Rep. Jared Polis (D-CO) and Rep. John Delaney (D-MD). The anniversary provides a good moment to take a look back at the organization's beginning, chronicled in the book Trust: The History of the Association for Corporate Growth 1954-2011. This excerpt, based on the first two chapters, tells of ACG's launch and early development and the seeding of the InterGrowth conference. The book was conceived by Alan Gelband, an honorary member of the ACG Global board of directors, and funded by ACG New York. It was written by Carl Wangman, who served as the chief staff officer for ACG from 1990 to 2005 during a period of rapid growth for the association, and Judith Iacuzzi, who served as ACG marketing director from 1994 to 2005.
Launch and Early Development of ACG