Jeff Grody, general counsel and chief compliance officer for Colt Defense and Colt's Manufacturing Company, joins Orchid Advisors to accelerate its strategic business consulting practice.

Grody has over 30 years of experience as a former public company senior officer and law firm partner, and graduated from Princeton University and the Columbia University School of Law.

“Orchid Advisors is bullish on our long-term strategy to develop the critical relationship between corporate strategy, business operations and regulatory compliance,” said Jon Rydberg, the firm's CEO. “We are near- term focused on the firearms industry, where horizontal and vertical integration, plant restructurings, supply chain optimization and international growth give rise to business risk. Jeff brings our clients an unmatched skill set that is rarely found elsewhere in the U.S. or abroad.”

The strategy practice will help entrepreneurs and established businesses convert success into lasting value by implementing critical business practices appropriate for each stage of growth:
* Early-stage: Equipping your business for growth and value creation.
* Mid-stage: Using your established business infrastructure as a platform for the second stage of growth.
* Exit-stage: Setting the table to maximize value when it's time to cash out.

A special emphasis will be advising mid-stage companies that are preparing to expand outside their comfort zone, whether by the commencement of an export business, beginning to import specialized product from overseas, entering into larger or riskier contracts, collaborating with other companies for the first time in a joint venture or teaming relationship, making a major investment in a research and development activity or otherwise moving the business to another level. Orchid Advisors Strategic Lifecycle Advisory Services will equip clients with the advice, tools and systems to undertake new challenges prudently and with as little risk as the circumstances permit.

“I am thrilled to be joining Jon's team. Orchid Advisors is the perfect platform from which to offer strategic business consulting services in the area in which I have achieved success, which is creating an internal business environment that causes legal, regulatory and business relationship problems not to happen, thereby facilitating corporate growth and value creation,” said Grody.