Conducted a full review and turnaround of corporate finance and accounting within Texas Gulf Energy and its subsidiaries including implementing necessary procedures and controls. Lead the existing team to understand and implement the new processes that were required post-review.
Amended and filed previous 10-K, 10-Q and associated 8-K as needed as well as managed the continuing improvements within the finance and accounting team and ongoing SEC filings.
Divested three divisions

Buy-side advisory focused on providing private equity groups with targeted search for add-on acquisition targets for existing core holdings.

• Founded Fount Capital with the goal of providing Outsourced Business Development services to Private Equity Firms and Companies focused on manufacturing and distribution. In addition to providing acquisition advisory and due diligence services, the company made investments and retained ownership in several holdings.
• Managed engagements including debt financing, non-traditional fund raising and buy-side and sell side mergers and acquisition advisory.

Negotiated and closed an initial $17MM revolving line of credit with Comerica Bank for the purpose of additional acquisitions. Primary obstacles to the financing included educating the bank regarding BenefitMall’s “non-traditional” accounts receivable and securing a 75 percent borrowing base on those receivables. Restructured facility to $35MM converting to a staggered term loan.
• Lead a team of financial and IT professionals working on financial modeling and financial data management.

Completed consulting engagements and transactions in manufacturing and distribution for 52 clients contemplating a transaction and completed ten transactions with a combined deal value in excess of $300 million resulting in fees in excess of $7 million.
Valued and advised clients across multiple industries including technology, transportation, food, chemicals, and coatings.
Lead due diligence meetings with new clients to begin the in depth review of overall operations