Buttonwood Due Diligence LLC, a provider of financial due diligence and risk management services for the alternative investment industry, reported that two of its longest tenured employees have purchased the company.
Steve Ogrin, who has served as an analyst and Buttonwood’s chief operations officer for 13 years, and Vince Brady, who has served as an analyst and chief financial officer for eight years, announced their purchase of the majority ownership and operational control of Buttonwood Due Diligence and its related entities from founders and owners, Dana Woodbury and Gwen Woodbury.
“We are excited and honored to be taking the reins from such a respected member of the industry,” said Ogrin. “Our focus will be to continually improve the quality and depth of analysis found in our reviews, while maintaining the integrity, professionalism, and third-party independence that the alternative investment community needs and expects from Buttonwood.”
Buttonwood also announced, effective July 31, 2021, Dana Woodbury and Gwen Woodbury have stepped aside from Buttonwood Due Diligence to pursue their longstanding goal of developing affordable housing for low-income families.
Founded in 2004, Buttonwood provides third-party due diligence to registered investment advisors, broker-dealers, and family offices. The company provides overviews of alternative investments, including real estate investment trusts, mortgage and debt funds, oil and gas programs, equipment leasing programs, business development companies, 1031 exchanges (tenant-in-commons and Delaware statutory trusts), among others.