John Pitts

John Pitts Email and Phone Number

Chief Financial Officer
John Pitts's Location
Kingsland, Texas, United States, United States
About John Pitts

My name is John Pitts, and I am an experienced senior executive with extensive experience in finance, strategy and administration, business leadership and working with the Board of Directors. I have an established record of success in growing and sustaining shareholder value with both large and small companies and have structured and closed dozens of transactions including mergers and acquisitions, loans (term and revolving), subordinated debt and equity investments. ► VARSITY BRANDS: Simultaneously took six private equity groups through due diligence and completed a $1.5B transaction. Arranged financing associated with the deal of $1.1B. ► BSN SPORTS: Completed a go private transaction with private equity owners. Worked with private equity owners on initiatives to increase shareholder value. Company experienced EBITDA growth from $19.6M in 2007 to $48.7M in 2013. After successfully completing private equity model in less than three years, lead all financial due diligence on a subsequent sale of the company for 4.2 times the original investment. ► HORIZON HEALTH CORP: Increased revenues and operating income 100% through corporate restructuring activities including divestitures, reorganizations, cost reduction initiatives and the acquisition of fifteen hospitals. Increased enterprise value from $80M to $426 Million, or 432%, in thirty-six months. Are you a progressive, forward-thinking company that understands the real value of Strategic Financial Leadership, who would benefit from having a proven, principle-based CFO to help you achieve your goals? My goal is to help you achieve yours.Let's Get Connected!John Pitts☎ 972.839.6967Email: je.pitts@yahoo.comCFO | Board Advisor | Public & Private Equity Transactions | Corporate Finance & Capital Markets | M&A | Strategic Planning | Budgeting & Planning | Cash Flow Improvement | Consolidations | Creative Problem Solving | Divestitures | Financial Modeling

John Pitts's Current Company Details

Chief Financial Officer
John Pitts Work Experience Details
  • Crossroads Treatment Centers
    Chief Financial Officer
    Crossroads Treatment Centers Dec 2020 - Jan 2022
  • Aeg Vision
    Chief Financial Officer
    Aeg Vision Feb 2019 - Apr 2020
    Dallas, Tx, Us
    We are a caring community of local eyecare providers that improves the health of our neighbors, helping them see better and look their best, one patient at a time. As a practice acquisition and operational support team, Acuity Eyecare Group supports and empowers eyecare professionals to grow their practices while elevating the focus on the most valuable part of the business - delivering excellent eyecare.
  • Jordan Health Services
    Chief Financial Officer
    Jordan Health Services Aug 2017 - Jun 2018
    Mt. Vernon, Tx, Us
    Jordan Health Services is a provider of home health and hospice services in multiple states with annual revenues of $500 Million. ► Recruited by the Board of Directors and Private Equity Owner to facilitate the sale of the organization. The completed transaction resulted in the creation of the fourth largest home health organization in the U.S. ► Completed four acquisitions which increased revenues by $100 Million and significantly increased enterprise value. ► Restructured revenue cycle and billing functions reducing DSO and increasing EBITDA.
  • Varsity Brands
    Chief Financial Officer
    Varsity Brands Nov 2013 - Sep 2016
    Varsity Brands Inc. consist of three companies: Varsity Spirit, which sells uniforms, hosts competitions, and runs instructional cheerleading and dance camps; Herff Jones, which is a provider of graduation and educations products such as class rings, jewelry, caps and gowns, yearbooks and recognition products; and BSN Sports, a distributor of sports uniforms and equipment.► Directed finance, accounting and treasury functions for company of $1.6 Billion in revenues and $218 Million in EBITDA. This ESOP organization was a consolidation of Herff Jones, Inc., Varsity Spirit, Inc. and BSN SPORTS, Inc. ► Simultaneously took six private equity groups through due diligence and completed a $1.5 Billion transaction during 2014. This transaction transitioned Varsity from an ESOP organization to private equity ownership. Arranged financing associated with the deal of $1.1 Billion. ► Reduced operating expenses through outsourcing and the consolidation of manufacturing facilities. Eliminated three manufacturing facilities. ► Successfully divested a division losing $6.0 Million annually in EBITDA. ► Continued CFO responsibilities at BSN SPORTS.
  • Bsn Sports
    Chief Financial Officer
    Bsn Sports Jul 2007 - Sep 2016
    Farmers Branch , Tx, Us
    Founded in 1972 as a factory-direct equipment company, today BSN SPORTS has become the Best Supply Network in Sports and is the largest distributor of team sports apparel and equipment in the US. The Nation's largest manufacturer, marketer and distributor of sporting goods products directly to the institutional and team sports marketplace.►Managed all finance functions. Responsibilities include the following departments: finance, tax, treasury and investor relations while the company was publicly held. Integrated all financial reporting and consolidated external finance and back office personnel generating substantial savings. Revenues growth from $236.0 Million to $725.0 Million and EBITDA from $19.6 Million to $92.0 Million achieved from organic and substantial acquisition activity. ►In a go private transaction, sold the company to ONCAP Partners in 2010 and worked with private equity owners on initiatives to increase shareholder value. Company experienced EBITDA growth from $19.6 Million in 2007 to $48.7 Million in 2013.After successfully completing private equity model in less than three years, lead all financial due diligence on sale of the company to Herff Jones in 2013 for 4.2 times the original investment. ►Reduced net working capital and maximized free cash flow to facilitate the rapid reduction of debt. ►Divested underperforming operations. ►Enhanced analytics and improved accounting teams through numerous personnel changes.
  • Horizon Health
    Chief Financial Officer
    Horizon Health Dec 1993 - May 2007
    Lewisville, Texas, Us
    Managed a national finance and information technology team of 100+ including nine vice presidents. Increased revenues and operating income 100% through corporate restructuring activities including divestitures, reorganizations, cost reduction initiatives and the acquisition of fifteen hospitals. Increased enterprise value from $80 Million to $426 Million, or 432%, in thirty-six months. ►Launched an investor relations program resulting in an increase in analyst coverage and shareholder base. Average daily trading volumes increased 10 times. Point person for all investor relations which included road shows and investor conferences. Completed a highly successful secondary stock offering resulting in proceeds of $58.4 Million. ►Established and maintained excellent banking relationships. Raised funding capacity under revolving credit facility to $175 Million. ►Supervised the implementation of consistent IT systems at acquired entities and successfully completed compliance with Sarbanes-Oxley.

John Pitts Skills

Financial Analysis Forecasting Financial Reporting Process Improvement Strategic Planning Mergers And Acquisitions Sarbanes Oxley Act Business Development Team Building Acquisition Integration Analytics Benefits Administration Capital Markets Cash Flow Management Change Management Consolidations Continuous Improvement Creative Problem Solving Cross Functional Team Leadership Customer Experience Data Warehousing Disaster Recovery Divestitures Due Diligence Employee Benefits Financial Modeling Kpis Leadership Development M&a Multi Site Negotiations Profitability Analysis Risk Management Roi Sec Filings Tax Treasury Management Board Advisor Board Relationships Budgeting And Planning Corporate Finance And Capital Markets Innovative Solutions It Systems Implementations Multi Company Perfecting Implementation And Delivering Results Private Equity Transactions Process Design And Improvement Turnaround Leadership Working Capital Management

John Pitts Education Details

  • Texas State University
    Texas State University
    Finance
  • University Of North Texas
    University Of North Texas

Frequently Asked Questions about John Pitts

What is John Pitts's role at the current company?

John Pitts's current role is Chief Financial Officer.

What is John Pitts's email address?

John Pitts's email address is je****@****hoo.com

What is John Pitts's direct phone number?

John Pitts's direct phone number is +190353*****

What schools did John Pitts attend?

John Pitts attended Texas State University, University Of North Texas.

What skills is John Pitts known for?

John Pitts has skills like Financial Analysis, Forecasting, Financial Reporting, Process Improvement, Strategic Planning, Mergers And Acquisitions, Sarbanes Oxley Act, Business Development, Team Building, Acquisition Integration, Analytics, Benefits Administration.

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