Michael Shaffer Email & Phone Number

Irvine, Ca, Us

A Water Street Healthcare Partners portfolio company that specializes in managing clinical equipment and technology for healthcare and life sciences organizations across country and internationally.Responsibilities include:- Provide organization with strategic and financial leadership;- Manage communication with key constituents (Board of Directors, Investors, Lenders, and Auditor);- Treasury management;- Monthly reporting, annual budgeting, and interim forecasting;- Perform acquisition due diligence and manage post-transaction integration;- Building and managing a top-performing Finance and Accounting team

Chicago, Illinois, Us

Assist portfolio companies with quickly building scale and operational sophistication as they grow. Primarily focused on providing hands-on financial and accounting support to portfolio company management teams.

Owings Mills, Maryland, Us

A former Shore Capital Partners portfolio company, is a globally-focused developer, manufacturer, and provider of high quality medical devices used in interventional radiology, interventional oncology, and image guided surgery procedures.Responsibilities include:- Led global acquisition integration (4 acquisitions in 20 months);- Development and management of international distribution network serving 15 EMEA and APAC countries;- Provided organization with strategic and financial leadership;- Identified acquisition opportunities and managed due diligence;- Managed communication with key constituents (Board of Directors, Investors, and Lenders);- Treasury management;- Monthly reporting and annual budgeting

Chicago, Il, Us

Part of team to launch Shore Resource Team, a internal consulting group designed to serve its portfolio companies. Worked with a variety of portfolio companies to implement best practices and on-board new platform investments. Responsibilities include:- Working with portfolio company Management teams to improve operational and financial performance;- Implementing strategic initiatives;- Preparing acquired platforms for add-on acquisitions; and- Managing post-acquisition integration.

The Stepping Stones Group (formerly Pediatric Therapy Services, and formerly a Shore Capital Partners portfolio company) is a provider of therapeutic behavioral health services to a variety of public school districts and private learning centers. Business was sold in a successful exit.Responsibilities included:- Merged two entities to form a unified platform for growth;- Established robust back office and financial reporting systems;- Transitioned from QuickBooks to Microsoft Dynamics, as well as implemented an advanced HRIS solution;- Transitioned organization from cash-based to GAAP-based accounting; - Build a solid and well-functioning Finance and Accounting organization;- Managed significant refinancing to improve the capital structure and better position company for growth; and- Ensuring timely communication of budget and subsequent financial results to Board of Directors, Investors, and Lenders

Finance and Strategy leader and key member of the senior management team for a healthcare services organization serving the radiation oncology and diagnostic imaging industries. Responsible for overseeing the strategic and financial objectives and obligations of a 160+ person organization while profitably managing company operations and resource deployment. Day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the Company, as well as long range strategy development. Direct responsibility for accounting, finance, financial reporting, budgeting, and strategic business analysis.

Led the corporate development function executing M&A, joint venture and investment transactions aimed at driving corporate wide growth. Completed 10 acquisitions within three years that transformed the Company through international, service and product diversification.Projects have included product expansion within Nordic countries; the acquisition of a healthcare services platform company complemented by several add-on acquisitions; the acquisition of a consumable medical products company; and the investment in a radiation safety solutions provider.

Rosemont, Illinois, Us

Sourced and evaluated investment opportunities and conducted detailed industry research and financial modeling to support investment thesis. Managed multiple aspects of deal execution, including arranging debt financing, transaction structuring, and due diligence. Performed operational analyses for portfolio companies to identify opportunities for growth and cost reduction.

Cleveland, Oh, Us

Completed the sale of 12 middle-market companies, representing an aggregate enterprise value in excess of $1.4 billion, across a variety of industries including specialty and industrial manufacturing, value-added distribution, construction services, and transportation and logistics.

Chicago, Il, Us

Provided strategic consulting advice to support the creation of web-based businesses, and to enhance existing sales through advanced technological solutions.

Chicago, Il, Us

Focused primarily on mergers and acquisitions. Conducted valuation analyses, performed financial and operational due diligence, and prepared presentations for prospective clients, management teams, and boards of directors.

Provided analytical and valuation support on middle-market merger and acquisition transactionsrepresenting an aggregate enterprise value in excess of $500 million dollars.

Mba, Finance, Strategy, Accounting

B.A., Political Science