Greer Capital Advisors

Greer Capital Advisors, founded in 2002 and located in Mountain Brook, Alabama, is a venture capital firm that focuses on providing capital for private equity projects aimed at fostering economic growth within communities. The firm primarily invests in companies across various sectors, including healthcare, information technology, life sciences, and marketing. Greer Capital Advisors emphasizes a strategic approach to investment, adhering to key principles that guide its involvement in diverse business activities and roles within the private equity landscape.

Alan H. Dean

Managing Partner of Fund Operations

Lawrence W. Greer

Senior Managing Partner

Kerry E. McDonald

Managing Partner of Audit and Finance

Past deals in Alabama

PNP Therapeutics

Series B in 2007
PNP Therapeutics is an early-stage, biopharmaceutical company engaged in the development of a platform technology and proprietary products for the treatment of cancer. At the center of PNP's Therapeutic System is a patented enzyme (E. coli purine nucleoside phosphorylase) that has been shown to work with a variety of well-characterized nucleoside prodrugs generating active metabolites with high levels of anti-tumor activity.

TransMolecular

Series C in 2004
TransMolecular, Inc. is a neuroscience biotechnology company committed to discovering, developing and commercializing novel and proprietary drugs to diagnose and treat diseases of the central nervous system having inadequate pharmaceutical alternatives. The Company focuses its drug development on cancer and pain, and has built strong technology platforms to enrich its product discovery and development pipeline. Founded in July 1996, TransMolecular is privately held and venture capital backed, having raised $9.6MM to date through two private placements from internationally recognized investment firms. The Company has built a strong management team that is dedicated to the discovery and development of safe and effective products for patients suffering from cancer and pain. Its management team has more than 75 years of combined relevant experience in healthcare, pharmaceutical development, R&D, operations, and finance. TransMolecular's corporate offices and R&D laboratories are in Birmingham, Alabama. TransMolecular has received three Small Business Incentive Research (SBIR) grants totaling $1 million from the National Institutes of Health for its cancer and pain programs. The Company holds more than 25 patents and/or patent applications to protect its products worldwide, and has exclusive license agreements with the University of Alabama at Birmingham Research Foundation and Yale University for its cancer and pain technology, respectively.