Managing Partner
Current“Hands On” Private Equity firm focused on emerging business services.Operating as a "Pledge Fund" among the firms Limited Partners. Managed investments and led numerous CEO & COO operating roles. Operating Roles: NetEffect Corporation; CEO - Professional Services firm focused on emerging Service Providers. P4; CEO – Infrastructure as a Service provider focused on highly regulated vertical Industries. REFENSE Technologies, CEO – Mission Critical IT Infrastructure Vulnerability Management. Freehand Health, CEO – Home health device monitoring and PHR management Key Operating Accomplishments• Transformed unprofitable Professional Services/ Consulting firm into fast growing and profitable Managed Services company specializing in Management of Mission Critical IT Infrastructure (WAN/LAN, Storage, Voice/Data, Servers and Acations) and Business Consulting for Healthcare, Financial Services, Media & Communications and Government/Education verticals. • Developed branding strategy and product development of solutions that include application & database management, SaaS hosting, Cloud Computing, Managed Security, Contact Center, Business Continuity, Data Center Colocation, Remote Monitoring, VoIP video Systems, Regulatory Compliance, and Business Process Outsourcing.• Increased revenues from $1mm to over $75mm, eliminated significant operating losses and exited slow growing or non-scalable businesses.• Formulated Partner & Vertical Industry revenue and contracts acquisition strategy.• Raised 3 rounds of private equity funding, ($7.3mm from Strategic Partner) Significantly strengthen Balance Sheet, reducing liabilities by $9million.• Obtained $8mm bank line of credit for working capital.• Negotiated the sale of three (3) business,• Acquired three (3) businesses that increased revenues 140%, improved profitability by 70%, expanded vertical market, and geographic penetration