Andrew Scott Email and Phone Number

Grew Digital from a $6.5 mm, 45 person equipment supplier in the off-street parking business to a $23 mm, 95 person system supplier to the North American on- and off-street parking industry. Built a professional management team, resulting in Digital supplying all of the major US and Cdn private parking operators. Provided systems to over 300 municipal and transit clients across North America. Digital’s back end services include processing over $300 mm in online, PCI compliant, credit card… Show more Grew Digital from a $6.5 mm, 45 person equipment supplier in the off-street parking business to a $23 mm, 95 person system supplier to the North American on- and off-street parking industry. Built a professional management team, resulting in Digital supplying all of the major US and Cdn private parking operators. Provided systems to over 300 municipal and transit clients across North America. Digital’s back end services include processing over $300 mm in online, PCI compliant, credit card transactions annually. In 2011, Digital had over $8.5 mm of recurring and SaaS revenues and was regarded as the leading technology supplier in the industry. Raised $6 mm growth capital during the worst economic downturn since the depression (Oct 2008). Digital was named to the Deloitte FAST 500 (North America’s fastest growing tech companies) three times, named to the Ready to Rocket list four consecutive years and was the BCTIA’s Emerging Company of the Year in 2007. Show less

A start-up, BC based venture capital firm – convinced the Board and the Investment Advisory Committee to fund companies that became the #2 and the #7 fastest growing technology firms in BC, resulting in satisfactory portfolio returns. Led the assessment of over 130 investment opportunities in an eight-month period.

One of Vancouver’s leading boutique investment banking firms – provided strategic, fundraising and M&A advice to small and mid-cap companies. Successfully led an international strategic acquisition and fund raising for a junior client over the 9/11 period.

Oct – Mar’99 – ’01 EVP, CFO & Dir – FinancialCAD Corp, which developed and sold financial engineering software and web-enabled platform services and apps. Led the reorg of: (i) sales compensation, resulting in a 25% increase in productivity, (ii) internal mgt reporting, to reveal the key drivers of the Company’s financial success and hurdles, (iii) the company under the CBCA, (iv) option plans, and (v) financial reporting to US GAAP. Led a US $2 mm funding in the face of a crumbling .COM… Show more Oct – Mar’99 – ’01 EVP, CFO & Dir – FinancialCAD Corp, which developed and sold financial engineering software and web-enabled platform services and apps. Led the reorg of: (i) sales compensation, resulting in a 25% increase in productivity, (ii) internal mgt reporting, to reveal the key drivers of the Company’s financial success and hurdles, (iii) the company under the CBCA, (iv) option plans, and (v) financial reporting to US GAAP. Led a US $2 mm funding in the face of a crumbling .COM market in the spring of 2000 (Company revenues - Cdn $2.5 mm, valuation - US $152 mm).Aug – Jun’99 – ’00 CFO – Mainsborne Communications, a powerline communications co. with prospects in the deregulating UK electrical meter reading/energy management business. Reorganized accounting, completed audit and built a detailed company financial model.Jan – Jul’99 – ’99 Chair, Spec Committee – Mainframe Entertainment, a 250 person computer animation firm. With the CFO, negotiated a strategic alliance, a three picture movie deal and a $26 mm recap. On behalf of the Board, effected a management change. In addition, from 1996 - 1999 was a Director while the Company completed a $30 mm IPO, and served as Chair, Audit and Comp Committees.Jan – Jul’99 - ‘00 Litigation consultant to Loewen in its claim against the US government under NAFTA. Focus was damages to the Company resulting from a US $500 mm litigation judgment (see below) – damages estimated at over US $200 mm. NAFTA panel agreed with the claim but declined to award compensation due to Loewen’s reorganization as a US company.Jan – Jul’99 – ‘00 Litigation consultant and witness for Cavalier Capital against Western Mining (Aus). Focus of the consultation was a failed IPO resulting from a frivolous lawsuit by Western – the Dir's and CEO were exonerated and were successful in their counterclaim. My testimony was accepted fully in the written judgment and the testimony of the plaintiff’s “expert” was dismissed. Show less

Accepted position of Senior Advisor, Fin and Corp Dev before an unexpected US $500 mm legal judgment. Immediately drove through a $220 mm bankruptcy remote cross-border financing to sustain acquisitions. Deal was one of the Financial Post’s “10 Best Deals of the Year”. The bankruptcy remote structure was tested and worked. Three months later, participated in closing cross-border an additional US $220 mm of equity, US $350 mm of new debs and a new US $650 mm bank revolver. Led off-BS… Show more Accepted position of Senior Advisor, Fin and Corp Dev before an unexpected US $500 mm legal judgment. Immediately drove through a $220 mm bankruptcy remote cross-border financing to sustain acquisitions. Deal was one of the Financial Post’s “10 Best Deals of the Year”. The bankruptcy remote structure was tested and worked. Three months later, participated in closing cross-border an additional US $220 mm of equity, US $350 mm of new debs and a new US $650 mm bank revolver. Led off-BS financing (through the Blackstone Group, New York) of two strategic acquisitions for approx. US $300 mm each. The 2nd deal was negotiated and funded in the midst of a US $2.8 bil. hostile takeover attempt. Both deals funded through US 144A debt offerings, bank loans and partnership agreements.As VP, Investment Management, led centralization of reporting on over US $1 bil. of broadly distributed trust and insurance funds. To centralize management of US $250 mm of funeral home trust funds held in over 300 financial institutions across North America (42 Statesand 8 Prov ), brokered the setting of common requirements across 10 depts to enable completion of a new automated admin system. Appointment professional fund managers to invest within regulated investment criteria while meeting return expectations.As SVP, Corp Dev, led 35 full-time and 50 part-time M&A pros. Tightened criteria on US $500+ mm annual acquisition program, including convincing the cemetery acquisition team that its valuation model was overestimating forecast acquisition ROIs by 20%. Led a quick sale at a profit of US $18 mm of recently acquired properties to achieve Q2 earnings objectives. Also sold a $90 mm investment (at a 100%profit) to co’s principal competitor to achieve another quarter-end EPS objective. Initially as Treasurer and subsequently as Acting CFO, forecast Loewen’s liquidity crisis and initiated the sale of US $350 mm of cemetery properties to eliminate the risk. Show less

1990 - 1995 VP, Dir. and Regional Head, Investment Banking, BC Member of the Operating CommitteeProfitably rebuilt the investment banking team from two to five and supervised the activities of forestry and mining specialists. Under my leadership, expanded Gundy’s senior client list by 50% (BC Gas, Methanex, Placer Dome and BC Tel). Other senior clients completing financings included: McMillan Bloedel, Fletcher Challenge, Canfor, West Fraser, Wescoast Energy, Finning, Cominco and Lead… Show more 1990 - 1995 VP, Dir. and Regional Head, Investment Banking, BC Member of the Operating CommitteeProfitably rebuilt the investment banking team from two to five and supervised the activities of forestry and mining specialists. Under my leadership, expanded Gundy’s senior client list by 50% (BC Gas, Methanex, Placer Dome and BC Tel). Other senior clients completing financings included: McMillan Bloedel, Fletcher Challenge, Canfor, West Fraser, Wescoast Energy, Finning, Cominco and Lead managed the IPO for Cominco Fertilizers ($90 mm). Led the team that advised the Special Committee of TransMountain Pipelines during one of the earliest minority buyouts under OSC Policy 9.1. 1984 - 1990 VP, Dir. and Regional Head, Investment Banking, AtlanticMobilized Wood Gundy’s resources to convert a very weak client base into the broadest and strongest in Atlantic Canada, with positions in virtually all major public company syndicates. Led the first bought-deal by Wood Gundy following the market crash of 1987 and the first Euro deal for a private Atlantic Canadian company. Was an expert financial witness before the CRTC on behalf of Island Telephone. Assisted in obtaining lead manager positions in the New Brunswick and Newfoundland Provincial syndicates.1981 - 1984 Associate/Assistant Vice President - CalgaryAssisted in the lead management of public financings for a number of small and medium sized oil and gas and oilfield service companies. During a devastating downturn in oil markets, assisted in the provision of advice to three major companies during refinancing and restructuring activities (Dome, Sulpetro & United Canso). Assisted in the lead management of fundraising for one of Canada’s largest private utilities (Canadian Utilities) as it escaped from a 48% ownership position held by its main competitor, and its first two Euro deals. 1980 - 1981 Associate - TorontoWorked on a variety of M&A, financing and leasing transactions. Show less