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Discover Lafayette

Discover Lafayette

著者: Jan Swift
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The Gateway to South LouisianaDiscover Lafayette© 旅行記・解説 社会科学
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  • Jude David – Building Legacies Through Business, Stewardship, and Strategic Giving
    2025/06/06
    On this episode of Discover Lafayette, we welcome Jude David, managing partner of Final Ascent, a mergers and acquisitions advisory firm that helps mid-market business owners—typically with $5 million or more in annual revenue—prepare their companies for sale and successfully transition for maximum value. But Jude’s passion goes far beyond business mechanics. He’s also a philanthropist and one of the founders of the Catholic Legacy Foundation of Acadiana, a donor-advised fund that enables people of all faiths to support charitable causes in perpetuity—while enjoying significant tax advantages in the process. "People don’t want to plan their succession in life, and they don’t want to plan their succession in business. It’s emotional. It’s scary. And it’s always something they plan to think about 'one day.'" Jude shares stories of helping longtime business owners who’ve spent decades building their companies and are now looking to exit—but often haven’t thought about what comes next. He draws clear parallels between business transition and end-of-life planning, noting that in both areas, far too many people fail to prepare. "It’s shocking how many successful people don’t have wills or estate plans. Even people of great means often haven’t taken the time to protect what they’ve built—or considered how to give back." That’s where Jude’s second passion comes into play: philanthropic giving as part of a business exit strategy. Through smart planning, owners can donate a portion of their company prior to selling, reducing capital gains taxes and simultaneously funding charitable initiatives through a donor-advised fund. "When you're selling a mid market business, there's going to be a substantial amount of taxes to pay. So our clients are constantly looking for ways to avoid those taxes or defer those taxes. There are several strategies you can use if you have ways of offsetting losses against those gains. It can be very helpful if you can write off new assets that you're acquiring against the old assets that you've sold. For instance, if you sell one business and buy a new one in the same year, you can depreciate the assets on the new business against the old business that you sold. There are several other strategies. One that I really like for owners that are charitably inclined is to give to a foundation or other charities. Why does that matter? Well, if you can structure that kind of transaction appropriately, it saves you significant taxes on your sale. That's why I'm involved with Catholic Legacy Foundation." Jude walks us through real-world examples of how this works, explaining how the Catholic Legacy Foundation is helping build endowments that will support Catholic ministries, seminarian education, pro-life efforts, and poverty alleviation—whether the recipient organization is Catholic or simply aligned with Catholic values. “We house the seminarian bursary (scholarship) funds for the Diocese. You can give to support a specific seminarian or the entire class. It’s one of the most direct ways to impact the future of the Church. To get the foundation off the ground, we are taking donations for a Founder's Circle. So we're looking for donations of a minimum of $15,000 for Founder's Circle members. That's $5,000 a year for three years, and the goal is for us to get the foundation to a size in three years so that it never needs another donation again." Jude also reflects on the importance of reducing business owner dependence before sale—a common value driver in M&A. He explains how owner involvement, earnings growth, and recurring revenue models (like those used in HVAC and plumbing industries) all affect valuation multiples. "If a business is built around the owner and you can't pluck the owner from the business, it makes the business a lot less valuable. So if we deal with a business 3 or 4 years before sale, we'll help them to identify all of their roles in the business and t...
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  • Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused
    2025/05/30
    In this episode of Discover Lafayette, we dive into Lafayette’s emerging role as a major player in the regional and national tech ecosystem with Ben Johnson and Marcus Brown of the newly formed Lafayette Regional Technology Council. This dynamic group of volunteer leaders are working hard to ensure Lafayette’s deep well of tech talent is recognized and nurtured. Ben Johnson, CEO of Techneaux Technology Services and Chair of the Council, shares his local roots—born in Eunice, raised in Scott and Lafayette—and how his passion for computers and community led him to start Techneaux in his garage in 2010. “We started the company with a unique business model: people over profits,” Ben shares. The company now employs about 180 people across Louisiana, Colorado, and Texas, operating on what Ben calls a model of “distributed capitalism.” Techneaux recently relocated to the old Fontana Center on Kaliste Saloom, which they’ve repurposed into a cutting-edge tech hub. Marcus Brown, a returning guest to Discover Lafayette, brings his entertainment industry background and policy insight to the Council. As the founder of Believe Entertainment and partner in Digital Twin Studios, Marcus has worked to build Lafayette’s capabilities in immersive technology and virtual production. “We want to define what technology is—and who is a tech person,” he notes. His work has also included integrating immersive technologies in local education through the Do It Greener Foundation. A Council Rooted in Community and Data The Council was born from a leadership exchange trip to Grand Rapids, Michigan, which inspired local leaders to create a similar tech initiative back home. “We realized Lafayette has world-class tech companies that even we weren’t fully aware of,” Ben said. Early supporters include One Acadiana, LEDA, UL Lafayette, LFT Fiber, and leaders from companies like VieMed, Noble Plastics, SchoolMint, and X1 Technologies. The Council organizes its work into “GEARS”—Get Everything Accelerated and Ready—subcommittees that focus on workforce and talent, marketing and recruitment, networking and knowledge sharing, and policy advocacy. Their first community-wide event, the Idea Collider, will launch in late June, with the goal of gathering ideas and input from the public and then from business leaders to shape actionable initiatives. Creating Opportunity and Retaining Talent One of the Council’s major goals is to retain the exceptional talent emerging from UL Lafayette and other local schools. “When I graduated in 2001, there weren’t real tech jobs here,” Ben said. “Now, we’re working to create a pipeline and make sure the talent knows they can build a career here.” Marcus emphasizes the community’s history of rising to the occasion: “When Disney filmed Secretariat here, our people showed up. The same thing is happening in tech—people want to step up and lead.” As Marcus explains, “We’re trying to reach students early, even before college, to show them they can create tech—not just consume it.” Both men spoke about the importance of giving young people a sense of purpose and place in the tech world, with computer science even being recognized now by the state as a foreign language—a powerful shift in thinking. The Role of AI and the Future of Work When asked about the fear of AI taking jobs, both men provided thoughtful perspectives. “AI doesn’t take jobs,” Ben said. “It removes roles so humans can be more creative and impactful elsewhere.” Marcus added, “AI is like a calculator. It’s a tool, and with proper understanding, it can democratize opportunity.” Looking Ahead The Lafayette Regional Technology Council isn’t charging membership dues yet—they want to first prove their value and build momentum. “We want companies and individuals to contribute time, talent, or treasure,” said Ben. “Let’s build this together, and then figure out the right structure.” A more formal membership structure will be launched in 2...
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  • The Late Robert Daigle – A Look Back at Why He Invested in Upper Lafayette
    2025/05/23
    Robert Daigle on Why He Invested in Upper LafayetteOriginally recorded in October 2013 /Aired on Upper Lafayette On the Move This episode of Discover Lafayette takes us back to an insightful conversation with the late Robert Daigle, the visionary managing partner of River Ranch Development Company and the developer of the Village of River Ranch, a 320-acre traditional neighborhood development that reshaped residential life in Lafayette. In October 2013, Robert addressed an Upper Lafayette Economic Development Foundation meeting to share why he and his team chose to invest in the northern part of Lafayette Parish—an area traditionally overlooked but ripe with potential. His message, filled with clarity and foresight, remains strikingly relevant today as growth continues to expand beyond I-10. David Welch, Robert Daigle, Jan Swift, and Lewis Stirling at an Upper Lafayette Economic Development Foundation meeting in 2013. Robert’s personal connection to Upper Lafayette, having grown up on Louisiana Avenue across from the municipal golf course, sparked his early interest. But sentiment alone didn’t drive his decision. He outlined six strategic reasons that led to the launch of Couret Farms, a smart growth community designed to meet the needs of a modern workforce and lifestyle needs in the northern part of Lafayette Parish: Job Growth – Post-hurricane recovery and shifting insurance priorities led to a surge in businesses relocating north of I-10. Proximity to job centers, including major employers like Halliburton, made Upper Lafayette a natural location for residential development. Real Estate Value – With South Lafayette experiencing saturation and skyrocketing prices, the undeveloped, high, and beautiful land in Upper Lafayette offered both affordability and opportunity. Lack of Competition – As with River Ranch, Daigle sought to create a unique offering. At the time, Upper Lafayette had no smart growth communities, positioning Couret Farms as the only game in town. Community Support – Daigle emphasized the importance of being "wanted." In Carencro, support from Mayor Glenn Brasseaux and a cooperative endeavor to extend utilities exemplified the kind of local partnership he considered essential to success. Access to Retail and Services – Developments flourish when services and shopping are nearby. Daigle cited the Target center and Super 1 Foods as game-changing additions that signaled a tipping point for further investment. Public Education – The long-standing challenge of underperforming schools in Upper Lafayette had been a deterrent. But the winds of change were blowing. Daigle’s commitment to establishing a charter school within Couret Farms showed his belief that quality education is not just a necessity—but a catalyst for community transformation. Robert Daigle breaking ground at Couret Farms, along with Kevin Hawkins and Bobby Hines. Robert closed his talk by urging the community to prioritize education reform, emphasizing that the future of Upper Lafayette hinged on the success of its schools. His legacy continues to inspire development rooted in thoughtful planning, civic cooperation, and long-term community investment. This timeless interview reminds us that true visionaries see not just what is, but what could be—and are willing to take the arrows that come with being pioneers.
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