Jim Doerr Email & Phone Number

Phoenix, Arizona, US

Foxborough, Massachusetts, US

• Co-founded company in 2008. Led all due diligence efforts for four follow-on acquisitions, one divestiture, and ultimate sale of business in 2016. Developed robust capital expenditure process to ensure focus on EBITDA.
• Drove sales increase from $70M in 2008 to $220M in 2016 at time of sale to new PE partners (with corresponding increase in EBITDA from $7M to $33M).
• Subsequent to acquisition by new PE partners in 2016, grew the business to $500M in sales and $55M+ in EBITDA (through both acquisition and organic growth).
• Established process to lower working capital by more than $10M and improve overall cash flow.
• All acquired businesses had decentralized administrative functions. Led effort to design and implement a centralized shared services model for finance, HR, payroll, IT, and legal.
• Led integration of all acquired businesses resulting in synergies in excess of $15M combined.

US

• Directed all accounting and finance functions, including managing shared services accounting department as well as financial analysis staff worldwide. Provided management oversight of global IT staff. Led finance and.
• Moved to centralized shared services model with strong financial analysts at divisions.
• Expanded health insurance benefits and increased the 401(k) match.
• Improved financial reporting and analysis (forecasting, balance sheet account reconciliations, documented policies, and changed the formatting of the financial statements) to increase focus on manufacturing variances.
• Built internal audit function.
• Sold Star Container to Captive Plastics in 2001 ($20M purchase price, sales $20M, EBITDA $2.2M in FY00).

US

Established and directed all division accounting and finance functions. Led integration of both acquired businesses. Acquired assets of American Precision Plastics in 1997 ($25M purchase price, sales $25M, $5M of EBITDA, $9M of assets). Acquired assets of Vollrath Group in 1999 ($22M purchase price, sales $27M, $4M EBITDA, and assets of $12M).

Oversaw all finance, legal, and HR functions. Led finance, HR, and legal process allowing business to sell minority interest to Land O’ Lakes. Secured $10,000,000 in equipment lease financing. Negotiated long-term manufacturing agreement with major food company. Negotiated long-term contract with outside sales and marketing firm. Led annual strategic.