David Wiggin Email & Phone Number

Jupiter, Florida, US

Royal Palm Beach, Florida, US

• Partnered with president and private equity investors to lead critical decision-making. Led from post-bankruptcy, improved balance sheet and helped drive sales & EBITDA growth. Positioned company for successful sale to.
• Created detailed budgets, improved staffing, closely monitor results and lead critical decision making.
• Established monthly financial reporting procedures and prepare MD&A for lenders, private equity investors and senior management. Prepare and lead quarterly board meeting presentations.
• Set weekly cash flow budgets and aggressively manage disbursements to comply with expectations.
• Identify new store locations, negotiate lease terms, set capital budgets and oversee project build-out.

Fort Lauderdale, Florida, US

• Developed three-year growth strategy, including new store rollout schedule and build-out of corporate infrastructure to support expansion. Plan was the basis used to successfully solicit interest from new investors.
• Worked extensively with private equity groups, investment bankers, and senior management to ultimately complete partial exit transaction for founder/CEO and legacy private equity sponsor.
• Negotiated manageable financial covenants in regards to $17.5 million debt/equity refinancing, providing IT’SUGAR the capital to accelerate expansion. Principle company liaison with investment bankers, auditors and.
• Led organization to exceed internal plans, growing annual revenue from $19 million to $65 million and EBITDA from $2.5 million to $10 million, as stand-alone stores grow from eleven to fifty in three years.

• Advised and provided analytical services to debtors, creditors and equity stakeholders of middle-market companies requiring incremental financing to fund growth strategies.
• Assisted clients in workouts with lenders to prepare business plans and cash flow projections, assess long-term viability and business strategy, and manage cash flow and working capital.

US

• Retained to facilitate integration of finance operations of acquired Holmes, Inc.
• Completed annual plan of Holmes and its business units in unusually tight turnaround.
• Led integration of financial planning, decentralizing P&L forecasting and reporting responsibility to the business units.

Responsible for consolidation and analysis of worldwide planning and forecasting of $2 billion consumer products company. Developed tactical plans to help achieve strategic goals; provided direction to business units, set timelines, worked with C.E.O. and C.F.O. to approve targets; evaluated forecasts and capital requests for content and consistency with.

Established global cash flow forecasting processes in response to uncertainty after a management change; created debt management models to project liquidity requirements and manage financial covenant compliance; drove programs to improve liquidity during peak seasonal working capital cycles.

B.S.B.A., Finance

Mba, Finance And Insurance