Fort Dearborn Partners
·Created financial statement forecasts for companies in manufacturing, professional services, automotive, distribution, and food manufacturing, which resulted in profit improvement projects, improved capital resource allocation and improved strategic planning decisions
·Created thirteen-week checkbook cash flow models to manage cash flow for distressed companies.
·Formulated strategic plans to improve cash flow, profitability and capital management
·Created a divisional profitability model for a $120 million fuel distributor used to identify net loss contributors and redevelop strategic focus
·Developed a customer profitability model for a $700 million specialty food distributor, which formed the basis of customer-specific action plans and resulted in $3 million improvement in profitability
·Managed working capital components during numerous liquidity crises in an asset based lending environment.
·Liquidated a $60 million automotive parts manufacturer through a receivership, which resulted in above average realization of receivables and inventory
·Provided working capital recommendations to a fuel distributor, which led to a $1.2 million improvement in borrowing base availability
·Participated in a successful plant consolidation project of a $70 million automotive plastic mold injector, which included off-shoring production to Mexico
·Created an information memorandum for an $85 million clothing importer, which was used to successfully expedite the sale of the company to a strategic acquirer
·Refinanced the $100 million credit facility for a food distributor, which led to the creation of available capital that was utilized on profit improvement projects
·Created a buyer list for the sale of a $150 million chemical manufacturer, which yielded the financial buyer who eventually purchased the company