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Engaged to prepare a Capital Plan for a bank at risk of having its dividend eliminated by bank regulators. The regulators accepted the Capital Plan, and the Bank continued to pay dividends at the amount provided in the Capital Plan.

Provided business advisory services to investors looking to raise money to buy a community bank. Services provided included preparing financial forecasts, introductions and evaluations of investment bankers, introductions to sources of capital, determining share ownership of founders and directors, assistance with the private placement memorandum, and providing guidance to founders, board members and management team.

Engaged as the Interim Controller of a $100 million, private-equity-backed financial services company to improve the timeliness of and controls related to its monthly close. Company closed its books and completed its audit in half its previous time. Importantly, it did so with significantly improved controls.

Set up the audit committee, including: charter, priorities and meeting format for a public company’s Financial Services subsidiary. Solid planning and crisp execution ensured all regulatory and governance requirements were met or exceeded.

Engaged as interim CFO for a publicly-traded bank in the process of being acquired to manage the accounting and finance function, to prepare and/or refile SEC and bank regulatory reports, to improve internal controls and to mediate among the Board, senior bank management, regulatory officials and outside accountants. Accounting and finance area managed, and bank… Continue reading Industry: Financial Institutions
Type of Service: M&A/ Liquidity Event, Accounting & Finance Outsourcing, Technical Accounting

Hired by a private equity firm to provide due diligence services related to the acquisition of a healthcare facility. We performed the due diligence, pointed out some issues, and the private equity firm passed on buying the company.