3Ten Coalition
Firm Headquarters: San Antonio, Texas
Date Founded: 2018
This Page was Updated December 2019
If you’re wildly successful how will the world be different?
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“C12 member companies will successfully transition their business, or bring on capital partners, in a way that preserves, or even maximizes the Godly legacy and ministry occurring in and through the business. ”
Investment Approach
INVESTMENT THESIS
An ecosystem of like-minded capital providers, advisory groups and shepherding type agents that are united in an associational context around shared commitments, qualifications and member-centric covenants which C12 members can engage in with peace of mind. The 3Ten Coalition will provide a “safe place” to find information and partners addressing the #1 anxiety of C12 members: will their partner truly be aligned to a business as ministry vision for the business and will a transaction compromise that?
INVESTMENT OVERVIEW
Because the 3Ten Coalition is an ecosystem, made up of a wide range of capital providers, there are firms that address various capital needs of a business owner.
Investments to Date:
The 3Ten Coalition had its first successful transaction completed in 2019 with more to come in 2020. That being said, the measure of success for the 3Ten Coalition, however, is not “transactions completed” but was the outcome “God honoring” and was Kingdom-legacy preserved post-transaction. In some cases, the God honoring outcome may mean “no transaction” or “waiting on God” for the right time. We are encouraged by the early successes of the 3Ten coalition and the potential ongoing impact when like-minded partners are brought together.
Focused Industries of Investment: N/A
Investment Example:
The 3Ten Coalition is agnostic to transaction type and outcome. The goal of the 3Ten Coalition is for the owner to be an informed decision maker and prayerfully pursue the outcome that best honors God and aligns with their goals. The 3Ten Coalition has owners pursuing a range of transaction and transition options including: growth capital, partial sale, recapitalization ESOP and succession. The first owner to “transact” as part of the 3Ten Coalition had a successful sale of his company and continues to steward that business as a C12 member through a three-year transition period. The transaction outcome reflected how this owner kept God at the forefront of the process.
Previous or Active Portfolio Companies:
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Capital Raise Strategy
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Setup to accept charitable capital through the National Christian Foundation or other listing platforms?
Leadership Team AND CULTURE
Cumulative Leadership Experience in Accredited Investing:
MIKE SHARROW | CEO
Mike joined C12 as a member in 2010 while serving as an executive pastor for a large church in Texas and owner of a healthcare strategy consulting group. Prior to that he had served in a variety of leadership roles in both operations and sales corporately for the Walgreen Company, financial services as well as strategic development work with Health by Design. In 2011 he exited his commitments to join the local C12 practice in San Antonio as an associate chair serving CEOs across that market. In 2013 he and a partner acquired the greater Central Texas region and stewarded it as it grew to a team of 8 full-time chairmen serving nearly 150 leaders. Mike is passionate about collaboration, strategic planning, Gospel initiatives and BHAG endeavors.
With a background spanning Fortune 50 corporate settings, start ups, non-profit and local church, Mike has been discipled into an integrated life perspective around the calling all believers share to be disciple making disciples and ambassadors of Christ across all vocations and contexts. It was in 2005 when God revealed to Mike the perils of a “sacred versus secular” duality in life and since then he’s been on the adventure of living one life in Christ, with work as worship, business as ministry and life as mission.
TROY BLACKMON | SR VICE PRESIDENT of DEVELOPMENT
Troy came to The C12 Group in 2008, with a diverse background in executive leadership, sales development, team building, and operations. Through his role as VP of Field Operations he is committed to serve, equip and encourage CEOs and business owners to lead thriving companies that honor the Lord and serve people.
During his tenure at Chick-fil-A, Inc. Troy learned that business excellence and glorifying God in the marketplace go hand in hand. Troy managed a P&L of $35+ million in revenue and coached business owners in operational excellence and improving financial results.
In addition, Troy has been involved in leading small group ministry, including planting a church in Seattle, WA. Troy was formerly Partner at OneAccord, a management-consulting firm focused on accelerating revenue for mid-market companies. While at OneAccord, Troy was privileged to work with numerous technology companies in senior leadership positions, managing sales, marketing and business development activities. Troy most recently served as the President of a technology private equity group, where he led the management teams of 4 portfolio businesses.
KEVIN MILLER | VICE PRESIDENT of MARKETING
With over a decade of experience in marketing leadership, brand management, and business development, Kevin has helped numerous companies refine and implement plans to create exponential growth.
Prior to joining C12, Kevin led a successful Florida-based brand strategy consulting business focused on growing small and medium sized businesses. Entrepreneurial in spirit, Kevin also has a diverse background in launching start-ups as well as helping struggling or stagnant businesses develop a new course of action. His experience incorporates knowledge from multiple industries including textile manufacturing and design, medicine, real estate, technology, web development, and the creative arts.
After attending the University of Central Florida where he studied Music Performance, Kevin became involved in worship arts and youth ministries, serving for several years in various leadership roles. He and his wife Beth, an elementary school administrator, have been married since 2000. Together with two sons Kyle and Kamden, they enjoy a wide variety of outdoor activities including hiking, hunting, fishing, and backpacking.
While not complete, one of the things investors have found helpful in the past is seeing how employees, customers have reviewed someone online. As of the date of completing this out …
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Spiritual Integration and Impact:
Faith Driven Investing can span a wide range from high yield to concessionary returns that have a higher level of spiritual integration. Having clear expectations of this philosophy is key for the movement. Each investment is unique and you might want to select multiples but if you had to choose one quadrant that best fits your groups spiritual integration and financial performance targets … What would it be?
The 3Ten Coalition exists to preserve and even maximize the spiritual integration and ministry results within a company, and seek to provide market rate returns in the process.
Describe the Spiritual Integration Activities of the Fund:
We want business owners to be aware that a business transition or a capital event can be achieved, while at the same time preserving the spiritual and ministry legacy that has been built.
Is Impact and Spiritual Integration Tracked?
Are you partnered with any other organizations?
A lot of Investing Conversations look at Social Impact related to the United Nations Sustainable Development Goals. Is there one of these that most resonates with your organization?
We typically encourage a “caring matrix” approach to strategic spiritual integration. This includes looking at the various stakeholders influenced within a company (ie, employees, their families, customers, vendors, the marketplace, the community), and assess ways to serve each in the areas of meeting physical, emotional and spiritual needs.
WHY The FAITH DRIVEN INVESTOR?
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Why are you compelled to be certified and a part of the Faith Driven Investor Group?
We want business owners to be aware that a business transition or a capital event can be achieved, while at the same time preserving the spiritual and ministry legacy that has been built.
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Does the leadership align with the Unifying Principles on Faith Driven Investor and agree to the Code of Conduct?
Yes
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Who nominated you to be listed on the FDI site?
Justin Forman, Faith Driven Investor
AFFILIATIONS
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Learn More
Key Contact Name: Troy Blackmon
Phone: 615-944-9008 (cell) | 210-767-6200 (office)
Email: troy.blackmon@c12group.com
Mailing Address: 13403 George Rd, San Antonio, TX 78230
LinkedIn: https://www.linkedin.com/company/the-c12-group