Daniel Pries Email & Phone Number

Bryn Mawr, Pennsylvania, United States

Next Generation Partners (NGP) is a “micro” private equity group of three former entrepreneurs. Each partner has had success starting, building, and exiting one or more companies. We each also have some experience acquiring companies. NGP invests its own capital and does not currently have limited partners. NGP targets companies in PA, NJ, and DE with EBITDA (or SDE) of $300K to $1.5MM and margins of at least 15% in business and consumer services, distribution, niche ecommerce, and select light manufacturing. We prefer non-cyclical businesses that are at least 15 years old and have demonstrated slow, stable growth with durable customer relationships.NGP takes an active role in its portfolio companies but does partner with existing management and sometimes a remaining owner to continue the owner’s legacy and work towards taking the company to the next level.

Greater Philadelphia Area

AYC Ventures provides management consulting and informal coaching to various companies and makes selective angel investments.

Philadelphia, Pennsylvania, United States

Entrepreneurs’ Organization is a high-quality support network of 14,000+ like-minded leaders across 61 countries. We help entrepreneurs achieve their full potential in their business and personal lives through the power of life-enhancing connections, shared experiences and collaborative learning.

Remote

GWA is a leading manufacturer and online distributor of aftermarket automotive replacement parts. After assisting Boston-based private equity firm JMH Capital with due diligence, was brought on to help drive development in various areas of the business including advertising, inventory forecasting and management, software integration, reporting, and complex analysis.

Greater Philadelphia Area

Optivity(X) increased profitability for ecommerce retailers by bringing the power and value of dynamic price optimization to the under-served SMB segment of ecommerce. Founded and led the startup through development of a beta version of its SaaS solution for Shopify and various proofs of concept for other advanced pricing apps. Designed a pricing optimization approach tailored to the unique needs of the company's target market and conceived the core repricing engine and other key parts of the software. The resulting flagship pricing solution increased net profit for ecommerce SMBs 10% to 25%.

Wynnewood, Pa

Exited through sale to strategic buyer.The Deal Rack is an internet apparel retailer operating three websites and selling through a variety of online marketplaces with an expansive catalog of 200K+ SKUs from 100+ brands. Founded and built the company into a successful ecommerce operation serving hundreds of thousands of customers. Developed variety of innovative, proprietary back end and front end technologies.

New York, Ny

Exited through sale to management led investor group.ProPoint Graphics (now Modicum) is an award-winning graphic design firm that has delivered thousands of projects to thousands of clients across the country and beyond including household names such as ADP, Coca-Cola, Google, Paypal, JP Morgan, and Showtime. Founded and built the company into a successful professional services operation with over 30 employees. Hired a president to assume majority of my responsibilities thereby enabling concurrent development and operation of The Deal Rack.

New York, Ny

New York, Ny

Exited through sale of customers to a strategic buyer.Direct Alert America was an emergency warning service that automatically sent mobile alerts to thousands of customers from a variety of sources. Founded and built the digital messaging company and developed a proprietary data aggregation and location-based alert engine.

New York, Ny

Provided strategic management and financial advisory services to two consulting clients: Day Software AG, a Swiss enterprise software firm and CNI, a private computer networking company.

Greater Los Angeles Area

Recognized for performance and promoted twice.Played integral role in milestones of a leading dot-com’s lifecycle from pre-IPO, pre-revenue startup to a 500-person, $5B public company. Responsible for pricing strategy for all new services within the company. Set up $10MM online store and defined strategy and operations, selected products, and set prices. Co-led cross-functional taskforce to rapidly turnaround and build out call center. Worked on numerous other projects including $300MM acquisition of iShip.com, patent licensing, sales compensation, product management, and website.

Greater Boston Area

Recognized for performance and promoted early.Provided business strategy and profit improvement consulting to 10 clients in 9 industries. Managed projects that required work planning, managing clients and other consultants, working on a peer level with client executives. Developed broad analytical skill set and acquired leadership experience. Engagement highlights: built case for sale of $30MM public Internet client, drove growth strategy for $2.5B hotel company, led consulting team in reengineering of electronics manufacturer’s $450MM purchasing department, co-developed emergency turnaround plan for delivery services client’s $50MM ailing division.

Bachelor Of Arts (Ba), Sociology

Activities and Societies: Benjamin Franklin Scholar, Summa Cum Laude, Dean's List 1992-96Undergraduate dual degree

Bachelor Of Science (Bs), Entrepreneurial Management

Activities and Societies: Joseph Wharton Scholar, Summa Cum Laude, Dean's List 1992-96Undergraduate dual degree

Business