Minnetonka-based Platinum Group recently announced finalists for this year’s Meaningful Capitalism Awards. Honorees will be revealed during a reception May 4, 2023, at the Metropolitan Ballroom and Clubroom in Golden Valley, Minn., from 5:30 p.m. to 9 p.m.
The awards are meant to celebrate business leaders who are successful at growing and running a financially sustainable business, and do so in ways that tangibly benefit individuals, families and communities.
“Our firm is producing this program in part to honor Platinum Group Founder Dean Bachelor, who passed away in 2021. Dean defined, and had trademarked, our firm’s mission of Meaningful Capitalism™,” says Platinum Group Partner Bill English. “Dean’s passion was to bring significant meaning to all stakeholders of every client we work with, and to drive their growth and success through capitalism. We recognize and appreciate seeing this same value in other companies and are placing the spotlight on them through this awards program.”
Companies that live out Meaningful Capitalism are consistently profitable; proactive in helping their employees grow personally and professionally; donate a portion of their profits to help those less fortunate participate in the life of the community with dignity and respect; effectively balance the competing interests of the various stakeholder groups; and provide products and services that enable the community to flourish.
The 2023 Meaningful Capitalism Awards finalists (in alphabetical order) are:
Br8kthru, Minneapolis. Mission statement: To unlock growth through marketing + technology—while providing a Michelin-Star experience.
Evolve Systems, St. Paul, Minn. Mission statement: Our passion for others drives us to evolve businesses.
Purpose Restaurants, St. Paul, Minn. Mission statement: to bring people together for the most important meal of the day, to make our community a better place….to give back to our neighbors in need… to provide meals in safe, welcoming environments and to help fund our non-profit organization, Give Hope Minn.
The Bailey Group, Minneapolis. Mission statement: We catalyze the growth of individual leaders and organizations so together they may all flourish.
The Prouty Project, Eden Prairie, Minn. Mission statement: To ignite, elevate and create the extraordinary.
Tolerance Tool, North St. Paul, Minn. Mission statement: Simplifying how complex tooling is built
From this list of finalists, three honorees will be named at a May 4 reception with hors d’oeuvres and beverages, 5:30 p.m. to 9 p.m. at the Metropolitan Ballroom and Clubroom in Golden Valley, Minn. More information is available here, and tickets can be purchased here.
Platinum Group provides customized services for middle market business owners in need of turnarounds, buy- or sell-side assistance, family business successions and other challenges and opportunities in a wide range of industries including agricultural, home health care, manufacturing, media, service and distribution. The firm has served more than 1,000 clients during its 40-year history.
Disclosure: the author of this report works with the Platinum Group.