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Premier Alliance Group Inc To Acquire Ecological, LLC


Thursday, 15 Nov 2012 07:30am EST 

Premier Alliance Group Inc announced that it has reached a definitive agreement to acquire Ecological, LLC, a New York-based environmental sustainability company, in a cash and stock transaction. In addition, the Company announced that Joseph J. Grano, Jr., Chairman and Co-founder of Ecological, will become non-executive Chairman of the Board of Directors at Premier Alliance. Mr. Grano, Chairman and Chief Executive Officer of Centurion Holdings, was previously the Chairman and Chief Executive Officer of UBS Financial Services (formerly UBS PaineWebber). Mr. Grano is a former Chairman of the NASD Board of Governors; member of the NASD's Executive Committee; and was appointed in 2002 by President George W. Bush to serve as Chairman of the Homeland Security Advisory Council. He began his Wall Street career with Merrill Lynch after serving in Viet Nam as a member of the U. S. Special Forces (Green Berets). Financial terms were not disclosed. 

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