Co-Founder And Board Observer
Current
S1 Salon Holdings / Tacit Salon Holdings
Holding Company set up for the acquisition of HairCuttery Family of Brands and other haircare/beauty assets. A socially responsible investment platform committed to sustainability, gender equality and diversity inclusion, is a holding company formed to acquire salon platforms in the $47 billion hair care industry in the United States.+Co-Founder of platform to acquire haircare and beauty assets+Architected acquisition of HairCuttery Family of Brands (4th largest hair salon in the United States) through a 363 asset purchase in a Chapter 11 setting at the height of COVID-19+Navigated a tight 45 day bankruptcy period and captained team to reject significant executory contracts, saving millions of dollars and allowing the company to emerge leaner/stronger+Spearheaded turnaround of asset bringing business back to profitability within 6 months from exit of bankruptcy; recruited majority of the C-Suite to execute turnaround+Led team to deploy plan in reducing operating expenses by more than $70mm in 1 year+ Successfully executed dividend recapitalization process. Returned capital to shareholders in a rapid fashion through a Dividend Re-capitalization with HIG Whitehorse –shareholders received 107% of initial investment a little over 1 year into hold period. + Team saved more than 6,000+ jobs during the Pandemic.TSH provides capital and infrastructure and teams up with industry leaders to acquire, reposition, and grow hair care assets in a socially responsible way.