Thesis Capital partners with and invests in family-owned companies. We are exclusively focused on the US lower middle market.

Private Manufacturing Company

• Acquired 50% stake in long-established software services company based in Utah in 2017• Grew operating margins by 42% over two years and net income by 33%+ after first year• Built marketing team and transitioned business from all outbound sales to inbound• Restructured sales team, hiring experienced VP of sales and seasoned sales staff• Restructured accounting processes and drove historically strong balance sheet health• Established formal human resources team, hired over 100 engineers in a 2.5 year period• Established new international office instilling culture and values of burgeoning firm• Managed all financial projections and major capital outlays, focus on ROIIC• Exit of company in Q1 2021 with; top quartile search fund returns• Remain on board in advisory capacity

www.tryOnCourse.comOnCourse is a Sales Engagement Platform designed to help companies accelerate sales growth with the power of automation. OnCourse has built-in email marketing, SMS sequencing, task management, phone dialer and CRM united in a single experience to materially enhance sales productivity.

Data model as a service that is transforming clinical care to be data-driven.- Restructured company- Raised $15M Series B- Identified buyer & negotiated major deal points- Sold company for 50x revenue

GS invests in and guides early-stage B2B SaaS companies looking for experienced growth partners.

Capella Solutions is a low-code SDK deployed into data-driven organizations to help them right-size their data management needs quickly and efficiently.Our solution lets you aggregate, index, transform and search your data easily. We save time for data architecture engineers, lots of it.

At Opportune I served the broader oil and gas, power industry including Upstream, Midstream, Downstream, Oil Field Services and ancillary markets.• Directly engaged in ~$15 Billion in transactions; participated in ~$32 Billion• Enterprise software development, deployment, upgrades and support• Redesigned refiner’s monthly financial process significantly reducing risk, time, and cost• Created production and demand forecasts and market pricing for refined petroleum products • Supported trading operations for three refineries, including capture, product, pricing• Led numerous SolARC Right Angle system recoveries coordinating developers, SMEs, etc.• Provided onsite & offsite support for OpenLink RightAngle ETRM at major North American refiner• Captured pipeline operator secondary costs, refined product configurations, deal maintenance• Trained clients and consultants on midstream energy trading operations and SolArc Right Angle • Assisted with RFP research and development for multinationals in gas, oil, and trading verticals• Served as subject matter expert for system pricing process audits and compliance• Operated independently as lead onsite consultant for 3.5bn+ refiner• Elected to Managing Partner Advisory Council - management selectedTransactions• 4.3 B Upstream - multiple enterprise asset valuations from reserves, budget variance analysis• 1.5 B Upstream - lead associate on Ch.11, hedge modeling, reserve analysis & cash forecasting• 1.5 B Upstream - lead associate on Ch.11 bankruptcy, financial modeling & business plan development• 1.3 B Upstream - creditor-side analysis on behalf of agent bank & cohort of 20+ banks in RBL• 650 M Midstream - restructuring, modeling & business plan, production volume & cash flow, capital requirements• 300 M OFS- assessed liquidity & mgmt; advised on viability of company’s long term business plan, financial model; capital cycle evaluation• 100 M OFS - lead acquisition diligence analyst for buyout transaction

At DBG I served B2B enterprise firms and B2C markets delivering both custom software solutions and out of the box marketplace solutions. • Led web development research project & increased consumer signups for services by 136%; thousands each month• Served as project expert developing understanding of users’ needs by facilitating, gathering user requirements, preferences, and recommending solutions that meet these needs• Led internal analysis activities & delivered 2014 strategic plan for Rewards.com product development based on management high-level visions, performance gaps, & change needs• Identified & proposed fix to strategic weaknesses resulted in conversion of 11% of web traffic• Managed analytics, SEO & ad-words campaigns for multi-million dollar property: Rewards.com • Developed business requirements for 4 million dollar internal investment• Provided business intelligence & data mining analysis resulting in retention of 1467 customers• Increased social media engagement by 142% for Rewards.com, DBG.com, and Marriot Rewards• Streamlined social media promotions generating 6% total revenue for Rewards.com from 0%• Directed formulation of new business model pricing, marketing models, mission & vision• Identified best practices & provided quality assurance criteria, test cases & error reporting• Developed sales opportunities via Business Plan/PPM development for Fortune 100 companies• Performed exploratory & predictive market research, target marketing & segment analysis• Researched online sweepstakes marketing campaigns, POS development, and digital CMS• Coordinated dashboard report integration with Oracle RDBMS

Quick-offering was a software firm aiming to deliver low-cost transactional finance tools to markets.I served as an advisor to the owner.

• Started & closed profitable digital media publishing & retail company in a niche market

Arete is a summer seminar aimed at giving high school students the opportunity to explore the seminal texts of Western Civilization, improve their reading and writing skills, and earn college credit. Founded by Dr. Louise Cowan, The lecturing staff is comprised of full-time UD faculty from the Philosophy, Theology, Classics, History, Politics, Art, English, and Comparative Literature departments with PhD students in the Institute of Philosophic Studies serving as seminar leaders.