James Purgason, CPA, joined Urban Growth Capital in 2018 as President and Chief Financial Officer. As CFO, his role is to provide financial guidance, oversee asset acquisition and dispositions, provide fiscal oversight, and assistance in managing company investments and assets.
Prior to joining UGC, James worked for 10 years in the public accounting sector, most recently with Henderson, Hutcherson and McCullough in Chattanooga, TN. Additionally, he spent 6 years in Atlanta working for two national top-100 public accounting firms. James comes to UGC with an extensive background in tax planning and compliance, real estate investment funds, asset acquisition and divestitures, and general business consulting. His expertise includes cash flow management, mergers and acquisitions, and complex debt and equity structuring. James is an actively licensed Certified Public Accountant (CPA) in both Georgia and Tennessee.
James received his B.A. in Business Administration with a concentration in Accounting from Citadel, The Military College of South Carolina. During this time, he was an infantryman in the South Carolina National Guard and completed basic training in Fort Benning , Georgia. James was called to active duty in 2006, and was sent to Afghanistan in support of Operation Enduring Freedom. James is the recipient of the Army Commendation Medal, two Army Achievement Medals, and an Army Good Conduct Medal. He also received special recognition for outstanding service by the Commanding General of the 82nd Airborne Division, Major General David Rodriguez. James returned to Citadel after his deployment as a Veterans Day student and finished his degree in May, 2009. James is a member of the Citadel Alumni Association and the Iraq and Afghanistan Veterans of America (IAVA).
James and his wife relocated to Chattanooga from Atlanta in 2014. He is very active in the community-serving as the treasurer of the Erlanger Health Systems Foundation and as an instructor for the University of Tennessee – Chattanooga Veterans Entrepreneurship Program. He is also the past treasurer of Regional Outreach Veterans Engagement Resources (R.O.V.E.R) and The Center for Mindful Living. He is affiliated with several professional associations, such as The American Institute of Certified Accountants, Georgia Society of Certified Public Accountants, and the Tennessee Society of Certified Public Accountants. They enjoy all of the outdoor recreation that Chattanooga has to offer. James enjoys running, fishing, and watching the Atlanta Braves in his free time.