Paul Runge
Chief Financial Officer at VostroNet- Claim this Profile
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Bio
Experience
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VostroNet
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Australia
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Technology, Information and Internet
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1 - 100 Employee
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Chief Financial Officer
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Aug 2017 - Present
Chief Financial Officer at VostroNet.VostroNet is a fast-growing internet carrier and service provider, delivering high speed internet to student accommodation, residential apartments, hotels and co-working spaces across the Asia-Pacific Region. Chief Financial Officer at VostroNet.VostroNet is a fast-growing internet carrier and service provider, delivering high speed internet to student accommodation, residential apartments, hotels and co-working spaces across the Asia-Pacific Region.
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Inspiring Learning
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United States
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Education Administration Programs
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100 - 200 Employee
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Head of Corporate Finance
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Apr 2015 - Aug 2017
Paul led the corporate finance function at Inspiring Learning, reporting to the CEO and CFO, in a senior strategic role that encompassed both corporate development (M&A, strategic options, financing) and core finance activities (overseeing stakeholder reporting, budgeting and forecasting).This role included participation at board meetings alongside the shareholders (Bridgepoint), Chairman, CEO, CFO and COO.Experience includes:- Managing the day-to-day activity on the successful sale of the business (Nov ’15 – Oct’16). This transaction generated significant value for the vendors (double digit EBITDA multiple)- Leading post-transaction finance and legal work streams (forecasts/budgeting, development and execution of interest rate hedging strategy, reporting)- Managing reporting & communication with key stakeholders (lenders, shareholders)- Overall responsibility for financing arrangements, including monitoring, review and negotiation where required (eg. SFA terms, covenants and covenant reset, ISDA)- Managing M&A activity within the business, including negotiation (heads of terms, SPA), diligence (managing advisors, internal), valuation and strategy. This includes successfully leading the acquisition of a large multi-site day camps provider in Oct '15, a highly value-accretive transaction that generated significant multiple uplift on the subsequent sale of the whole business- Developing new corporate models for the businesses with advanced scenario capabilities, to forecast financial statements, funding and covenant compliance.Inspiring Learning is a private equity owned education provider which specialises in "learning outside of the classroom" experiences for young people. The business was sold by the previous private equity owners to Bridgepoint in Oct '16, and split into two businesses: Inspiring Learning (Kingswood) and Equity.
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PwC
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Professional Services
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700 & Above Employee
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Manager, Transaction Value Advisory
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Feb 2009 - Jan 2015
Paul was a highly-rated Manager in PwC's Transaction Value Advisory division where he provided specialist corporate finance advice on buy-side and sell-side engagements across a range of industries.Technical expertise in:- financial modelling- business valuations- deal execution- financial analysis- financial due diligence (including vendor due diligence)- public document work (prospectuses, scheme booklets)Clients included Suncorp, Billabong, BHP Billiton, QGC (a BG Group Business), JBS, Aurizon, Leighton Holdings, Petbarn, Crescent Capital, Senex Energy, Parmalat and Cardno.
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Education
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The University of Queensland
Bachelor of Laws (LLB) / Bachelor of Business Management (BBusMan) -
Institute of Charted Accountants in Australia
Graduate Diploma of Chartered Accounting -
FINSIA
Master of Applied Finance (select subjects only) -
Brisbane Boys' College