Experience

Chrysalis Ventures

• Venture Capital and Private Equity Principals
• 1 - 100 Employee

• Executive in Residence

  • Jul 2013 - Present

  Austin, Texas Chrysalis Ventures was founded in 1994 and has over $400 million under management. Chrysalis has invested in over 65 companies, primarily in the Healthcare, Business Services, and Technology sectors. Responsibilities: Assist in the evaluation of potential Chrysalis investments, provide functional and operational expertise to existing Chrysalis portfolio companies, review and provide input on major financial strategies and structured finance for portfolio companies, detailed… Show more Chrysalis Ventures was founded in 1994 and has over $400 million under management. Chrysalis has invested in over 65 companies, primarily in the Healthcare, Business Services, and Technology sectors. Responsibilities: Assist in the evaluation of potential Chrysalis investments, provide functional and operational expertise to existing Chrysalis portfolio companies, review and provide input on major financial strategies and structured finance for portfolio companies, detailed navigation of state and federal education compliance and regulatory guidelines and other portfolio business model enhancements. Show less



TechSkills LLC

• Higher Education
• 1 - 100 Employee

• Chief Financial Officer and EVP of Operations

  • Feb 2007 - Jun 2013

  Austin, Texas Area TechSkills LLC was a national post-secondary education provider, specializing in blended-learning solutions (instructor-led combined with on-line learning) for IT certification, Allied Health and Corporate training in Project Management, Leadership and Business Analysis. Responsibilities: • Managed and accelerated TechSkills shareholder value to achieve $52 million in revenue, 350 employees, 32 campuses across 16 states and a Corporate Training division located in Boston, MA. Managed… Show more TechSkills LLC was a national post-secondary education provider, specializing in blended-learning solutions (instructor-led combined with on-line learning) for IT certification, Allied Health and Corporate training in Project Management, Leadership and Business Analysis. Responsibilities: • Managed and accelerated TechSkills shareholder value to achieve $52 million in revenue, 350 employees, 32 campuses across 16 states and a Corporate Training division located in Boston, MA. Managed nationally distributed team, including the Accounting, Student Loan/Title IV, Marketing, Real Estate, Human Resources and key elements of the Regulatory/Compliance departments. • Increased shareholder value by nearly 450% by designing, organizing, and personally implementing a multi-phased strategy to secure Department of Education Title IV eligibility. Campus level revenue increased by 150-200% in the Title IV locations. • Proficient at raising capital, structured finance, sophisticated growth focused financial strategies, valuations, acquisitions, and integration. Raised over $25 million in private equity while at TechSkills, including a new prominent investor in 2009. Successfully initiated and completed the divesture of a non-core business unit to fund key strategic business focus. • Increased overall profitability by 126% and reduced monthly cash burn by more than 50% through focused investment in performing locations, cost controls, expense reduction, headcount rationalization, improved AR collections and improved sales rep productivity. • Strong banking, financial, legal, and private equity/venture capital experience. Negotiated a complete debt conversion and restructure to maximize balance sheet strength, increase Department of Educations’ Title IV Comp Score, and improve overall cost of capital. Show less



Chrysalis Ventures

• Venture Capital and Private Equity Principals
• 1 - 100 Employee

• Associate

  • Aug 2002 - Feb 2007

  Chrysalis is a growth stage venture capital fund focused on health care and business services investments. The group has been investing since 1994 and has over $400 million under management. Its primary geographic focus is the Midwest and Southeast. Responsibilities: • Participated in all facets of this venture firm including deal sourcing, transaction due diligence, deal structuring, negotiations, active post-investment support, and investment realizations (sale). Managed junior… Show more Chrysalis is a growth stage venture capital fund focused on health care and business services investments. The group has been investing since 1994 and has over $400 million under management. Its primary geographic focus is the Midwest and Southeast. Responsibilities: • Participated in all facets of this venture firm including deal sourcing, transaction due diligence, deal structuring, negotiations, active post-investment support, and investment realizations (sale). Managed junior investment professionals and third party advisors. • Invested nearly $42 million in nine companies. Managed and led many different transaction types, including founding/formation rounds, follow-on rounds, up rounds, anti-dilution down rounds, recapitalizations, bridge debt transactions, purchasing co-investors positions, and reverse mergers into public companies. Focused on technology enabled business services and health care investment areas. • Managed, grew, and realized Chrysalis investment through Board seats and Observer rights on 9 out of 11 companies. Assist portfolio companies with strategic direction, business model enhancements, structured finance, and follow-on funding strategies. • Multiple realized deal exits, including SAI Global's acquisition of CELS, Inc., Johnson & Johnson's acquisition of HealthMedia, and Tyco Electronics acquisition of Telemics. Show less



Novitas Capital Ventures (previously PA Early Stage Ventures)

• Principal

  • Apr 2000 - Aug 2002

  Wayne, PA Novitas / PA Early Stage is a Safeguard Scientifics (NYSE: SFE) affiliated venture fund focused on early stage technology investments. • Participated in all facets of this venture firm including fundraising, deal sourcing, transaction due diligence, deal structuring, negotiations, and active post-investment support. Focus on IT software, wireless, optical and general telecom investments. • Assisted portfolio companies with strategic direction, business model enhancements and… Show more Novitas / PA Early Stage is a Safeguard Scientifics (NYSE: SFE) affiliated venture fund focused on early stage technology investments. • Participated in all facets of this venture firm including fundraising, deal sourcing, transaction due diligence, deal structuring, negotiations, and active post-investment support. Focus on IT software, wireless, optical and general telecom investments. • Assisted portfolio companies with strategic direction, business model enhancements and follow-on funding strategies. Show less



L.E.K. Consulting

• United States
• Business Consulting and Services
• 700 & Above Employee

• Associate Consultant

  • May 1995 - Nov 1997

  Los Angeles, Manila Philippines, and Chicago Offices LEK is an international consulting firm specializing in merger, acquisition and corporate strategy advisory services. • Analyzed, valued and guided client decision process from initial acquisition screen and market assessment to full target company evaluation and purchase recommendation. Performed extensive financial modeling and valuation work. • Completed nine international projects, including managing a ten-member client team during a four-month project in Asia.