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Altera Investments named fastest-growing UGA business

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The University of Georgia Alumni Association recognized the fastest-growing companies owned or led by UGA alumni during the 15th annual Bulldog 100 Celebration Feb. 9 in the West End Zone of Sanford Stadium.  

The 2024 fastest-growing business, Altera Investments, was founded and is led by David Fershteyn, CEO, Carlos Alcala, CFO and Mitch Reiner, Board Member. Fershteyn, Alcala and Reiner all earned a Bachelor of Business Administration from the Terry College of Business – Fershteyn and Alcala received theirs in 2017, while Reiner received his degree in 2005.  

Altera Investments is based in Atlanta and is an alternative investment firm focused on the lower middle market. This is the company’s first time on the Bulldog 100 list, although Reiner has represented previous companies that have made the list.

Altera Investments - Bulldog 100

The 2024 No. 1 Bulldog business, Altera Investments, is led by David Fershteyn, CEO (pictured above in foreground), Carlos Alcala, CFO (pictured in background above), and Mitch Reiner, Board Member (not pictured).

Rounding out the Bulldog 100 top ten are: 

  1. Jetset World Travel, Atlanta, Georgia
  2. Ryals Brothers, LLC, Lula, Georgia
  3. Neighborly Software, Atlanta, Georgia
  4. Capital Real Estate Group, Atlanta, Georgia 
  5. SynerGrx, Chamblee, Georgia
  6. teXga Farms, Clarkesville, Georgia
  7. Eagle Christian Tours, Rome, Georgia
  8. Society 54, LLC, Charlotte, North Carolina
  9. Lighting Pros, Jefferson, Georgia

“It is our privilege to recognize this year’s honorees, who truly embody the spirit of innovation and entrepreneurship that is found in every Bulldog,” said Lee Zell, president of the UGA Alumni Association. “Welcoming these Bulldogs back to campus was an honor, and we look forward to continuing to celebrate their impact on their communities and industries.” 

The Bulldog 100 companies were ranked solely based on their three-year compounded annual growth rates. The Atlanta office of Warren Averett CPAs and Advisors—a Bulldog 100 partner since the program began in 2009—verifies the information submitted by each company and determines the ranked list. On average, companies in the 2024 Bulldog 100 grew by 67 percent each year from 2020-2022, the highest growth rate in the 15-year history of the program.  

This year, businesses are headquartered in a total of 7 states, with 88 of the businesses located in the state of Georgia. In total, 139 alumni representing over a dozen industries, including health care, financial services, agriculture, and real estate are being recognized. 

The fifth annual Michael J. Bryan Award was presented during the Feb. 9 event. The award, named for the co-founder and managing partner of Vino Venue and Atlanta Wine School who passed away in 2017 from cancer, recognizes a returning Bulldog 100 honoree who demonstrates the entrepreneurial spirit and commitment to UGA that was Bryan’s hallmark. This year’s recipients are Jim Chasteen, Charlie Thompson, Kelly Chasteen, Justin Manglitz and Chad Ralston, the team behind ASW Distillery.

2024 Michael J. Bryan Award Winner: ASW Distillery

(L-R) Kelly Chasteen and Jim Chasteen of ASW Distillery, the 2024 Michael J. Bryan Award winner, with Michael’s wife Leila Bryan and UGA Alumni President Lee Zell.

The complete list of 2024 Bulldog 100 businesses can be viewed online at alumni.uga.edu/b100.  

Nominations for the 2025 Bulldog 100 will open in late Spring 2024.

2023 Home Game Guide: Athens

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Fall is just around the corner—which means it’s almost time for the Dawgs to hunker down Between the Hedges once again. If you’re traveling to Athens for a home game this season, here’s a guide to all the best hotels, restaurants and attractions for your weekend in the Classic City. 

Where to stay

UGA’s very own Center for Continuing Education and Hotel is a convenient place to stay, just steps from Myers Quad and an easy walk to the stadium. Fun fact: the hotel has a dedicated suite for Uga to stay in on game days—maybe you’ll pass by him on the way to your room. 

If you’d like a boutique hotel experience, The Graduate Athens may be just the place for you. Graduate hotels are located in college towns across the country, each with their own quirky decorative style. 

The Graduate Athens has its own coffee shop and a bar, restaurant and music venue. (Photo: Graduate Athens)

What to eat

Athens has a renowned and diverse restaurant scene. Check out Classic City mainstays downtown like The Grill, a 50s-style diner, or Dawg Gone Good BBQ, a hole-in-the-wall barbecue joint. 

Those looking for a taste of Athens’ fine dining options could head to The National, a Mediterranean-inspired favorite founded by UGA alumnus Peter Dale (ABJ ’99). Peter also owns Seabear Oyster Bar and co-owns Condor Chocolates and Maepole, a counter-service health food restaurant.  

On Sundays, brunch options abound downtown at Mama’s Boy, Trappeze Pub and South Kitchen and Bar. Plan for long waits at many restaurants, but know that the food will be worth it. 

Mama’s Boy’s made-from-scratch breakfasts have been written about in Oprah Magazine, Southern Living, Sports Illustrated and more. (Photo: Mama’s Boy)

On game day

Before the game, cheer on the Redcoat Band, cheerleaders, players and coaches as they enter Sanford during the Dawg Walk, which happens approximately two hours before kickoff at Gate 10 of the stadium. Show up early and you can watch the Redcoat drum line perform a concert before the walk. 

Even if you don’t have a ticket to the game, there are plenty of places in Athens to enjoy the game day atmosphere. Tailgaters surround most of the UGA campus, and big-screen viewing of UGA games is available downtown at both Paloma Park and the Georgia Theatre. If you’d like to stay on campus, the Tate Theater inside the Tate Student Center also screens football games. 

After a Dawgs win, make sure to celebrate by ringing the Chapel Bell on North Campus. 

The Georgia Theatre shows most games on their big screen throughout the season, although you must be 21 or older to enter the venue. (Photo: Georgia Theatre)

More Athens attractions

In addition to UGA sports, Athens has lots of opportunities for cultural exposure and outdoor adventure. Explore Athens’s history as a musical hub by taking the Athens Music Walk of Fame downtown, or pay a visit to the Georgia Museum of Art, which features traveling exhibitions plus an eclectic permanent collection including a sculpture garden. 

Enjoy nature by visiting Bear Hollow Zoo, a free zoo of non-releasable, rehabilitated wildlife, or walking the trails of the sprawling State Botanical Garden of Georgia. 

There’s a lot to see in the Classic City! Not making the trip to Athens and looking to connect with Dawgs in your own area? Find your local UGA alumni chapter and cheer on the Dawgs with fellow alumni at a game-watching party near you.

EXPLORE UGA ALUMNI FOOTBALL HQ

The best of the Classic City

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The fall is a busy time at the University of Georgia. With the semester underway and football season in full swing, plenty of Bulldogs find themselves back home in Athens for a weekend. There are so many reasons to love the Classic City, from the music scene to Saturdays in Sanford Stadium to the restaurants, so we put together a guide to some of our favorite things to do in Athens, Georgia.

Entertainment

Athens is known for its vibrant music scene, and a show at 40 Watt or the Georgia Theatre is always a good time. If you prefer movies, Ciné is a great stop for a flick downtown. The Georgia Museum of Art, the official art museum of the state of Georgia, showcases a permanent collection of visual art as well as rotating exhibitions.

Good Eats & Shopping

The restaurant choices are vast, so we took a 48-hour food tour to some of our favorite spots. From coffee and doughnuts to pizza and burgers, you’re sure to be well fed during your stay in Athens.

Our caffeine stop on the tour is Jittery Joe’s Downtown – they’re the perfect place for a cup of coffee or if you want to take home a Bulldog-themed coffee tin! While you’re downtown, be sure to browse the plethora of shops where you can find everything from UGA gameday gear to thrifted treasures. There’s plenty of Bulldog-owned places to shop as well, like Cheeky Peach and Fab’rik.

Another Athens staple is Mama’s Boy, a classic southern restaurant serving the best of breakfast and lunch in two locations. It’s a favorite with Athens residents, students, and visitors alike.

Get Outdoors

If you’re here for a football gameday, tailgating on campus is a must. North Campus and Myers Quad are popular tailgating destinations, but on gameday you can find people on all parts of campus. Even if you’re not headed to the game, tailgates are a great way to join in on the fun.

Walking through The State Botanical Garden of Georgia or along the Lake Herrick walking trails provides an opportunity to get away from the hustle and bustle of downtown. If you’re traveling with kids, the Playground of Possibilities features an accessible play space and Memorial Park offers trails and a zoo.

Thanks for following along! Hope to see you in Athens soon, Bulldogs.

Alumni collaborate with Bulldog Basics for G-Day tailgate

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The Athens Area Alumni Chapter began a new tradition during this year’s G-Day. Before the big game, the chapter organized a tailgate to reconnect with UGA fans and alumni from all over the state.

The chapter held the tailgate at The Intersection at Tate. The chapter provided free food to the attendees from The Flying Biscuit Café, gave away UGA swag and fostered a fun environment where people could enjoy themselves before the scrimmage began.

Bringing in Bulldog Basics

Beyond engaging with their fellow alumni, the Athens chapter wanted to make a positive impact on the Athens and UGA community. They partnered with Bulldog Basics—a nonprofit that provides donated, unused toiletry and personal-care items to UGA students—and hosted an item drive in tandem with their tailgate.

“I know our event was some people’s first exposure to the great work Bulldog Basics does,” said Carrie Campbell (AB ’99, ABJ ’00, MPA ’18), vice president of the Athens chapter and senior public relations specialists with University Housing. “Spreading the message about how they support students was a big part of why [we] wanted to partner with them.”

The chapter encouraged guests to bring supplies or to purchase them ahead of time from Bulldog Basics’ wish lists. With over 130 registrants for the event, the chapter collected around 10 standard-sized moving boxes worth of items—enough to fill a truck! This doesn’t even include the items that were pre-purchased.

 

Bradley Erbesfield (BSFCS ’07, MSW ’10), one of the co-presidents of the Athens chapter and senior coordinator at UGA’s Disability Resource Center, recalled a special moment that happened within the first hour of the event.

Three alumnae approached him and asked him about the chapter, the item drive and Bulldog Basics. Bradley sat with them and explained the event and the impact it had on students in need.

“I love to see people feel comfortable enough asking us questions and showing interest,” he said. “I could really tell that their hearts came out to help others.”

Looking back

While this marked the first G-Day tailgate the Athens chapter ran, this was not their first time holding an item drive. In December of 2020, the Athens chapter partnered with Bulldog Basics again and hosted a donation drive virtually.

Though this was during the pandemic, the Athens chapter still wanted to find ways to support the UGA community. By hosting an online drive, the chapter was able to work with Bulldog Basics without the need for person-to-person contact.

Those who participated could purchase items from Bulldog Basics’ online wish lists or donate money directly to the organization. No one had to leave their home to take part in the drive.

“We wanted to engage with the community and push forward despite the difficulties,” Bradley explained. “It was tough, but the drive ended up having this great impact.”

Looking ahead

While both saw amazing results, shifting from a virtual item drive to their in-person tailgate allowed for the Athens chapter to physically see the UGA community come together. The amount of people who showed up—lugging heavy items like detergent or shampoo for the drive—exceeded expectations.

“The event mixed fun with engagement and philanthropy. Those are sometimes hard to bring together,” Bradley said.

With two successful donation drives done, the chapter is already looking ahead and hoping to do more with Athens-based organizations moving forward to support UGA students and the Athens community.

 

LEARN MORE ABOUT BULLDOG BASICS DONATE TO BULLDOG BASICS

From Uga to the Arch, here are 6 UGA-themed emojis for World Emoji Day

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Are you ever texting a friend on game day and wish you could show your Bulldog spirit with images? Maybe you’re posting a picture of North Campus and can’t express your thoughts with words alone. To celebrate World Emoji Day (July 17), we’ve created 6 UGA-themed emojis we wish were on our keyboards!

 

Heart Eyes Uga Emoji

Heart Eyes Uga

The Arch Emoji

The Arch

Super G Emoji

Super G

X Eye Gator Emoji

X Eyes Gator

Football Helmet Emoji

Georgia Football Helmet

UGA Bus Emoji

UGA Bus

World Chocolate Day: Q&A with alumni-owned Condor Chocolates

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Condor Chocolates store front

The Condor Chocolates cafe located in Five Points. A second location in Downtown Athens is coming soon.

Located in the historic Five Points neighborhood of Athens, Georgia, Condor Chocolates produces bean-to-bar chocolates, confections, gelato and beverages. Brothers and co-owners Peter Dale (ABJ ’99) and Nicholas Dale (BSA ’04) opened the city’s first specialty chocolate shop in 2014 as a homage to the world-class cacao of Ecuador. Visitors can witness chocolate production while indulging in handcrafted desserts. In honor of World Chocolate Day (July 7), we sat down with Peter (a UGA 40 Under 40 honoree back in 2012) to learn more about this alumni-owned chocolate shop.

Peter Dale

Peter Dale, co-owner of Condor Chocolates.

Tell us about your background.

We’re brothers, born, raised and educated in Athens. Nick worked in agriculture after graduating from UGA. His expertise has been invaluable in sourcing beans directly from Ecuador. I graduated with a journalism degree before realizing my passion for food. There’s still a storytelling piece of what we do, which relates to my experience at Grady College. We tell stories through food and beverage rather than the written word.

What advice would you give to an aspiring entrepreneur from UGA?

Lean into the UGA community for advice, support and a very loyal customer base.

What is Condor’s mission?

We bring people together through delicious and beautiful flavors. Crafted with pride and integrity, grown in Ecuador, made in Georgia, from our family to yours.

What product would you recommend to a first-timer at Condor? 

The affogato! Meaning drowned in Italian, the affogato is a shot of espresso with a scoop of chocolate gelato. The gelato sandwich is also a perfect option for summer! It’s two cookies, filled with gelato and coated with cocoa nibs.

How has Condor grown?

Since opening in 2014, we have expanded chocolate making to the Chases Street Warehouses, allowing us to make more products and reach more people. We also have a new café coming soon in downtown. Check it out!

Can you give us a sneak peek at any new products?

In a few weeks, we’re launching our Bulldog Bark, a milk chocolate bar with dried strawberries, pecans and cocoa nibs. With football season coming up, we’re excited to share a red and black product with our Dawgs.

How can alumni support Condor?

We love seeing alumni at the café. Our Bulldog bars and upcoming Bulldog Bark make great hostess gifts and stocking stuffers. Out-of-state alumni can shop for Condor at condorchocolates.com.

How is Condor celebrating World Chocolate Day?

Every day is World Chocolate Day at Condor Chocolates. But on July 7, we will show our customers the whole chocolate production process from bean to bar.

Peter Dale cooks with the Young Alumni Council

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Chef and restauranteur Peter Dale (ABJ ’99) led a virtual cooking class with the Young Alumni Council and it went deliciously. Peter is an award-winning chef and has flavored Athens’ dynamic food scene with restaurants like The National, Seabear Oyster Bar, Condor Chocolates and Maepole. Peter demonstrated three recipes over the course of the evening: a local greens with pears and asiago cheese salad, gambas al ajillo, and chocolate budino.

If you missed the event, don’t worry! The recording is just above the post title on this page, and here we have the recipes and ingredient lists straight from Peter.

Download the Recipes

By the end of the event, attendees donated an impressive $1,700 toward the purchase of a food truck for Campus Kitchen at UGA that will allowed them to expand their service. That total recently reached $2,500, triggering matched funds from the UGA Young Alumni Council (for a total of $5,000) and reaching the fundraising goal for the truck purchase. Thanks for getting that food truck rolling, Bulldog donors!

On National Picnic Day, picnic like a Bulldog

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April 23 is National Picnic Day. With spring blooming in Athens, it’s time to grab a blanket, pack a meal, invite a few friends and find your favorite outdoor spot at the University of Georgia. There are 700 acres of campus to choose from, and we lined up our top campus spots to help you picnic like a Bulldog.

Founders Memorial Garden

Founders Memorial Garden

Photo: Dorothy Kozlowski, University of Georgia Marketing and Communications

You can’t go wrong with anywhere on UGA’s historic North Campus, but the Founders Memorial Garden offers a quiet escape from the usual bustle of campus. Enter on Lumpkin Street across from Morris Hall to explore the 2.5-acre garden’s network of paths, koi pond and over 300 species of plants.

UGA Horticulture Trial Gardens

UGA Horticultural Trial Gardens

Photo: Dorothy Kozlowski, University of Georgia Marketing and Communications

Whether you have a green thumb or are horticulturally hopeless, the UGA Horticulture Trial Gardens is the perfect spot for the plant lover. Tucked between Snelling Dining Hall and the College of Pharmacy’s R.C. Wilson Pharmacy Building, this spot offers a variety of blooms, shady benches and a dreamy gazebo. Bonus: you can browse the plants being tested by UGA’s horticulture department while you’re there.

Lake Herrick Pavilion and Docks

dock at Lake Herrick

Photo: Andrew Davis Tucker, University of Georgia Marketing and Communications

Located within Oconee Forest Park, the Lake Herrick pavilion and docks offer several spots to soak up the sun on a spring day. Wander the lakeside trail or bring a frisbee to toss with friends.

West End Zone Overlook

aerial shot of Sanford Stadium

Photo: Andrew Davis Tucker, University of Georgia Marketing and Communications

G-Day means we’re creeping closer to fall and football season! If you can’t wait to cheer for the Dawgs as they tee it up between the hedges, feed your anticipation with a picnic on Sanford Stadium’s west end zone overlook. If you have a speaker, queue “Baba Riley,” “Glory” and “Let the Big Dog Eat” to mimic that Saturday-in-Athens feeling.

Coca-Cola Plaza

a green courtyard between two brick buildings

Photo: Dorothy Kozlowski, University of Georgia Marketing and Communications

Nestled in the center of the Terry College Business Learning Community is the Coca-Cola Plaza. This grassy courtyard near the heart of campus is a great spot to share a Coke with a fellow Bulldog. If you forgot your beverages – or your picnic basket – the Au Bon Pain inside the BLC offers coffee and pastry treats.

Turtle Pond

sunlight coming through trees near a pond

Photo: University of Georgia Marketing and Communications

The more, the merrier, right? A picnic at the Mary Kahrs Warnell Memorial Garden, also known as the turtle pond, will guarantee a few aquatic guests at your picnic. This secluded spot outside the Warnell School of Forestry and Natural Resources is a South Campus hidden gem.

Myers Quad

a grassy area with students in front of a building

Photo: University of Georgia Marketing and Communications

For the athlete or the social butterfly, Myers Quad is the perfect place to spend an afternoon. Bounded by Myers, Rutherford and Mary Lyndon halls, the quad hosts ultimate frisbee games, Spikeball matches and student gatherings big and small.

Herty Field

a fountain and green space in front of a building

Photo: Peter Frey, University of Georgia Marketing and Communications

Reconnect with UGA’s roots at the site of the first UGA football game in 1892. Before the English white bulldog was adopted as UGA’s official mascot, the Mercer Bears lost to the UGA Goats 50-0. That’s right – the UGA goats. This historic site is flanked by Moore College and the beautiful Herty Fountain.

Celebrating dads while supporting Dawgs

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Don’t let Father’s Day sneak up on you again! Here are 10 amazing gift ideas for every type of dad—all from small businesses owned or operated by UGA graduates.

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Spotlight on 2020 Bulldog 100 business: Agora Vintage

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Airee Edwards (AB ’99) wasn’t sure what she wanted to do when she graduated from UGA with a bachelor’s in fabric design, but she knew she wanted to stay in Athens.

So she looked for a business opening, asking herself what was missing, what did Athens not have?

The answer: an open market where anyone could sell their vintage furniture, handcrafted items, art, or whatever, really.

Open Marketplace

“I went to what seemed like every bank in Athens, and I heard a lot of no’s,” Edwards says. But with savings from waiting tables and taking money off the house she’d bought, “a risky move” as she describes it, Edwards convinced a local bank to lend her what she needed to open Agora in 2002. (Agora means “open marketplace” in Greek.)

The only problem? Edwards didn’t have a business degree. But growing up, she’d followed her mother from one craft fair to the next, selling tissue box holders they fashioned from vintage fabrics. That early exposure to entrepreneurship stuck with her.

So she learned as she went, eventually outgrowing the little shop at the corner of Clayton and Pulaski. Sellers had also begun bringing in higher-end items, including women’s clothing and accessories, and Edwards’ husband, attorney and Athens-Clarke County Commissioner Russell Edwards (JD ’10), suggested she move the fashion items to a new store a few blocks away on Broad Street, right across from North Campus.

For a while, the Edwards family headed both stores, an exhausting but incredibly rewarding job. But she eventually decided to focus on one of her first loves—fashion—and grow the now iconic vintage fashion store on Broad, selling the furniture store that would become Atomic Vintage.

When you walk into the recently renovated Agora Vintage, you see an Art Deco-inspired cabinet lined with bags from Chanel, Louis Vuitton, and Hermès, just to name a few. But there are also less expensive, gently used Coach, Tory Burch, and Marc by Marc Jacobs bags toward the back of the store. The counter display is full of beautiful, estate jewelry.

To the left, rows of vintage and modern clothes, all marked significantly below retail. Designer shoes are toward the back.

Honored Bulldog Business

But what makes Agora Vintage stand out is Edwards herself. She’s almost always in the store, greeting customers, suggesting items she knows they have to have, and tracking down pieces they’ve inquired about. It’s that attention to detail that has landed Agora several times on the Bulldog 100, which lists the fastest-growing businesses owned or operated by UGA alumni. Agora Vintage has made the list an outstanding six times in 2013, 2015, 2016, 2017, 2018 and 2020.

But she never forgets the place that made it all possible, regularly speaking in classes at UGA and supporting the Georgia Museum of Art.

“I tell them the whole story about how I couldn’t get a loan and was eating potato chips for a year, thought I was going to get scurvy,” Edwards says. “I now own a business that allows me to live securely and enjoy some success. UGA helped me build that.”

 

This story was originally published in Georgia Magazine.