September 28, 2023 – Blue River welcomed five more team members in Q3 of 2023. Sean Burns, Michael Herrmann, Randy Babi and Troy Berglund have joined our M&A Advisory team, and Vanna Flahn is the latest addition to our Research department.

Sean Burns joined Blue River as Director. Sean previously served as Chief Strategist for an integrated media advisor and also spent over a decade in leadership roles involving the valuation and brokerage of mortgage-related assets. He earned both a B.S. in Business Administration and an M.S. in Finance from the University of Colorado. Sean brings over 30 years of driving strategies that deliver results.

Connect with Sean on LinkedIn or reach out @

Michael Herrmann joined Blue River as Director. Michael brings over 20 years of experience in M&A and successfully closed numerous transactions in a wide variety of markets. Michael holds a Bachelor of Business Administration degree with a concentration in Finance from the University of Houston. He also became a Certified Merger and Acquisition Advisor (CM&AA) through the Alliance of Merger and Acquisition Advisors (AM&AA) in 2020.

Connect with Michael on LinkedIn or reach out @

Randy Babi joined Blue River as Vice President. Randy is a seasoned business owner and technology enthusiast. He earned a BA in Political Science from Wayne State University and a Juris Doctorate from the University of Detroit Mercy School of Law, with a specialized focus on counseling and negotiation. He is licensed to practice in Michigan and the Federal courts. Randy previously worked at Ford Motor Company as IT Contracts Manager.

Connect with Randy on LinkedIn or reach out @

Troy Berglund joined Blue River as Vice President. Troy brings experience in leadership, communication, global affairs, analytical research, and decision-making. He received a BA in Economics and a minor in Chinese from the United States Air Force Academy in Colorado Springs, CO. Troy previously worked as an Air Force Intelligence officer and led countless targeting missions and teams to achieve strategic military objectives.

Connect with Troy on LinkedIn or reach out @

Vanna Flahn joined Blue River as Research Analyst. Vanna brings over 10 years of experience in Data and Financial Analysis, Customer Experience and Process Improvement. She earned her bachelor’s degree in business management and is currently pursuing her data analysis certification. Vanna has always had a passion for working with various types of data and providing thorough analysis and insights.

Connect with Vanna on LinkedIn or reach out @

Sara Clevenger, Blue River’s Principal, said,“We are extremely proud of our growing team, and are committed to enhancing our talent as Blue River continues to grow. Each of these Buyside professionals brings with them a varied advisory and operational skillset that will directly enhance our capabilities to provide outstanding service for our clients. What’s more, each of these professionals epitomizes the values upheld by our organization. Their addition underscores our dedication to fostering a team of top-tier professionals, and we are thrilled to welcome them to the team!”

 We are very excited to welcome Vanna Flahn to Blue River’s Research Division. She has already shown her dedication and commitment to excellence. She brings essential skills and experience that elevate our team and will allow us to improve and expand our research capabilities,” said Josh Baran, Director of Research at Blue River.


About Blue River

Blue River Financial Group is a middle market merger and acquisition advisory firm headquartered in Bloomfield Hills, Michigan. It assists corporations, private equity groups and individuals in the sale and acquisition of businesses, and has completed assignments in multiple business segments. With over 20 years of experience spanning across 50 global industries, Blue River provides a suite of services to middle market clients including corporate development, private equity support, valuations and transaction consulting, placing a premium on relationship-centered transaction counsel and client focus.

Contact Us

1668 S. Telegraph Rd., Suite 250
Bloomfield Hills, MI 48302
248 – 309 – 3730

1525 Park Manor Blvd., Suite 250
Pittsburgh, PA 15205
412 – 916 – 5016

11483 Canterberry Lane
Parker, CO 80138
248 – 309 – 3730