EVP & Chief Financial Officer
ATX Group, Inc.
World’s second largest provider of telematics services for the automobile industry.ATX (revenue of approx. $75 million) provides engineering and response center services similar for Mercedes, BMW, Toyota/Lexus and one undisclosed new customer.
-Led all negotiations for transaction in which Cross Country Automotive Services (CCAS) acquired ATX Group, Inc. (closed September, 2008).Transaction valued up to $200 million.
-Managed integration efforts and successfully transitioned ATX financial leadership to CCAS.
-Supervised financial and accounting staff in U.S. and Düsseldorf, Germany.
-Optimized capital structure; executed leveraged recap ($30 million of debt financing and payment of $50 million dividend).
-Developed all pricing proposals and negotiated OEM contracts (multi-year contracts worth up to $130 million).
-Directed investor communication and actively participated in all board of director meetings.
-Controlled all risk management functions.