Founder, Ceo, Board Member
Philadelphia County, Pennsylvania, United States
Founded a startup after raising $3 million in angel funds as part of a $250 million capital commitment from a private New York investor. Achieved a 275% CAGR, reaching over $201 million in revenue within six years, becoming the largest independent item processing company in the U.S. At one time, Regulus employed 2,700 people across 30 processing sites in the U.S. and Canada, serving over 4,000 corporations, 30 banks, and one-third of the Fortune 50 companies. Established equity-operating partnerships with Wells Fargo, JPMorgan Chase, and CIBC, alongside dozens of performance-based service agreements with Wells Fargo, Bank of America, JPMorgan Chase, CIBC, and other banks and 3,000 corporations, projected to generate $1.2 billion in revenue. Orchestrated a stock purchase of Quantum for $50 million and completed four asset acquisitions. Regulus acquired AccuDocs for $83 million.Regulus processed over 1 billion paper and electronic items and images, representing 1 out of every 50 checks and 1 out of every 35 U.S. statements, becoming the second-largest independent mailer of First-Class mail in the U.S. Merrill valued the startup between $419 and $651 million.Engaged in over a decade of scorched-earth litigation as a plaintiff against a $1.7 billion investor defendant in Pennsylvania, Delaware, and Federal courts. This legal battle aimed to secure a multimillion-dollar appraised fair value for the founder’s shares, rather than succumb to the investor’s forced ~50% equity dilution, which was designed to benefit the investor at the expense of the entire management ownership team, including the founder.