Three Roots Capital

Missed our annual Stakeholder Appreciation Reception? Catch the highlights! ??? Last week, #3Roots hosted our annual Stakeholder Appreciation Reception, celebrating our families, friends, and community partners who help drive our mission forward. ?? In case you couldn’t join us, we’ve got you covered! Check out the video to relive the event and hear inspiring messages from: ?? Grady Vanderhoofven, Three Roots Capital Founder and CEO, who shared 2024’s key milestones and successes. ?? Tom Rogers, Former President and CEO of UT Research Park, reflecting on our region's transformation into a thriving technology hub. ?? David Bradshaw, Oak Ridge Area Manager for Pinnacle Financial Partners and Chairman of the Three Roots Capital Board, emphasizing the vital role our work plays in the community. ??? Don’t miss this chance to learn more about the incredible progress we’ve made together. Watch now! https://lnkd.in/gZuxmTuj

Big kudos to the team at Piper Communications for their help planning, organizing, and executing the Three Roots Capital Stakeholder Appreciation Reception last week. The Piper team helped 3Roots maximize the opportunity to express our appreciation to our stakeholders. As a small team, 3Roots relies on the skills, experience, knowledge, and capabilities of our partners, and our relationship with Piper exemplifies how we like to work with stakeholder partners. Thank you, Piper Communications.

Last week, #3Roots hosted our annual Stakeholder Appreciation Reception for our families, friends, and community partners ?? Grady Vanderhoofven, Three Roots Capital Founder and CEO, provided welcoming remarks and shared highlights from 2024 Tom Rogers, Former President and CEO of UT Research Park, shared his thoughts on the progress we’ve made capitalizing and making our region a technology hub. David Bradshaw, Oak Ridge Area Manager for Pinnacle Financial Partners and Chairman of the Three Roots Capital Board of Directors, wrapped up the presentation and emphasized the importance of the work 3Roots does in the community Thank you to all who made our Stakeholder Appreciation Reception a success ??

The #3Roots Fall 2024 Newsletter is out ?? This issue includes: ? Details about the largest loan transaction in 3Roots history ? A glimpse into Grady Vanderhoofven's LinkedIn article ? Organization updates, ranging from new team members to UT tailgates! Check it out now ?? https://brnw.ch/21wOBMw ?? Missed out? Subscribe to get our next one straight to your inbox ?? https://brnw.ch/21wOBMx

#3Roots recently closed its largest loan transaction! ?? In August, 3Roots closed a $21 million loan with commercial real estate firm Fiser, Inc. The firm is a long-time, valued partner of 3Roots, and this deal was the largest loan transaction in its history. Middlebrook Farm is a 280,000-square-foot industrial warehouse development that will create more than 170 jobs in a low-income census tract of Knoxville. “I’ve worked with 3Roots many times over the years. I value their creativity and commitment to doing things the right way, all the time,” said David Fiser, president of Fiser, Inc. The team at 3Roots would like to congratulate David and the Fiser, Inc. team on another successful project. Chris Miller, CFO of 3Roots, said this about working with Fiser, Inc., “3Roots wants to have relationships with the highest-quality people and organizations doing impactful things across the region. David and the Fiser, Inc. team are just that. We are thankful for the opportunity to partner with them and with Pinnacle Bank to provide funding for Middlebrook Farm.” Grady Vanderhoofven #realestate #economicdevelopment #jobs #newjobs #warehouse #loans #commercialrealestate

Check out #3Roots CEO Grady Vanderhoofven’s insightful article about raising capital in a nontraditional market. After recently moderating the Fireside Chat at Innov865's Startup Day, he shares his key takeaways and advice from the panel, including: ?? Getting creative with funding sources ?? Utilizing local resources and partnerships ?? Staying enthusiastic throughout the startup process You can find the article here: https://brnw.ch/21wOcSe Watch the full Fireside Chat on YouTube: https://brnw.ch/21wOcSf

Check out this article about Eonix that deep dives into their lightening-fast approach to producing a nonflammable lithium-ion battery electrolyte ?? https://brnw.ch/21wO6v7 To speed up the battery development process and find the best possible battery materials for specific applications, such as electric aircraft, Eonix created an end-to-end automated materials discovery platform called Atlas. Eonix, led by Don Derosa, is one of the many companies #3Roots has invested in throughout our region. Innovative ideas combined with our various financing tools and experience have created the perfect environment that allows opportunity and preparedness to intersect, setting entrepreneurs up for success. Don was a recent panelist for the Startup Day 2024 Fireside Chat presented by Three Roots. You can watch the full panel with an insightful discussion about raising capital in nontraditional markets here: https://brnw.ch/21wO6v4

3Roots is proud to have played a role in bringing this new facility to life.?We collaborated with our fantastic partners at SouthEast Bank and CBBC Bank to finance the development of the project led by Partners Development.?The perseverance and teamwork required to bring this project to fruition cannot be overstated. While the community focuses on the future of this fantastic new facility, we wanted to take a moment?to appreciate and recognize the multi-year investment of time and energy by the development team and the financing partners. Financing projects at UT Research Park at Cherokee Farm, a task that is part art and part science, presented unique challenges that many financial institutions shied away from.?3Roots, however, approached more than two dozen banks about the prospect of collaborating to finance the Innovation South Building. Thanks to the University of Tennessee, Knoxville's significant commitment to the project, we were able to assemble a financing team and aggregate capital to support this incredible project. Their support, along with the reputation and assurances of Partners Development and their associates, was instrumental in our success. Shout out to Russ Watkins, Randy Jenkins, Jimmy Dalton, John Cantrell, John Harris, and, of course, Tom Rogers. After a baby is born, everyone wants to see and hold the new baby, and nobody really wants to hear about the labor pains.?Cheers to this beautiful new baby and all its promise for the future, and thank you to everyone who collaborated with us during the process.?Strong Roots.?Smart Business.

#3Roots is thrilled to have Keith Hickey as our senior vice president and chief lending officer!

#3Roots was proud to join our partners at the Innovation South Dedication at the UT Research Park at Cherokee Farm. ??? We heard from Brett Malone, the new President and CEO of UTRP, Uday Vaidya of IACMI – The Composites Institute, Deborah Crawford, Vice Chancellor for Research, Innovation, & Economic Development, and Chancellor Donde Plowman. ?? Pictured: ?? 3Roots' Dennis Corley and Grady Vanderhoofven with Jimmy Dalton and John Cantrell of SouthEast Bank. ?? Vanderhoofven and his wife Megan with John Cantrell and Marianne Wanamaker, a valued 3Roots Board Member and Dean of the Howard H. Baker Jr. School of Public Policy and Public Affairs at the University of Tennessee, Knoxville.