Experience

• 

  Legacy Capital LLC

  • United States
  • Investment Banking
  • 1 - 100 Employee

  • Managing Director

    • Dec 2022 - Present

  • Vice President at Legacy Capital, LLC

    • Nov 2020 - Dec 2022

  • Associate

    • Apr 2018 - Nov 2020

    • Analyze client financial information to determine appropriate valuation expectations. Provide accounting and M&A support to potential clients in preparation for the sale of their business.• Once the client is engaged, develop a marketing strategy and coordinate with the client to select a list of potential buyers. Gather financial and other relevant data from the client to populate the data room.• Create a comprehensive confidential offering memorandum and process letter to communicate the sales timeline to potential buyers.• Aid the client in evaluating buyer proposals with an emphasis on the tax consequences of each. Negotiate the letter of intent with the most optimal offer.• Facilitate buyer due diligence and negotiate the purchase agreement.

• 

  TMI Hospitality

  • Treasury Manager

    • Oct 2016 - Jan 2018

    • Supervise cash management, debt compliance, and payment functions for more than 180 hotels including the administration of the purchasing card program, wire and ACH payments, reconciliation of bank accounts, positive pay, merchant processing, and lender reporting requirements.• Designed and implemented a liquidity forecast to manage annual owner distributions to align with business necessities and tax rules. Optimized monthly updates to reduce model turnaround time by 80 percent.• Oversee financial reporting requirements and covenants on debt in excess of $850 million. Primary contact for interactions with lenders regarding escrow accounts, debt yield calculations, and loan agreement rights and responsibilities.• Directed the on-boarding process for full-service hotels as TMI Hospitality took over their treasury functions. Significantly automated the bank reconciliation process using system integrations between merchant processors, banks, and the Enterprise Resource Planning (ERP) system.

  • Financial Analyst

    • Aug 2012 - Oct 2016

    • Created a return on investment model for each of 180 hotels in the greater than $1 billion portfolio using discounted cash flow, internal rate of return, and cap rate analysis. Built an integration between the Excel-based model and the ERP system using automated queries and macros to facilitate monthly updates.• Forecasted internal rates of return on acquisitions in excess of $150 million. Partnered with the development team to model expected financial results for more than 30 potential land acquisitions. Automated brand specific forecasting assumptions to improve the finance department’s turnaround time.• Built a model to forecast covenant requirements related to refinancing debt of over $90 million to facilitate company growth through the development of new hotels.• Reviewed Employee Stock Ownership Plan (ESOP) third-party valuations during the sale of the company and provided critiques and guidance to the executive team. • Aided in the budgeting and forecasting process including building online-based business intelligence reports. • Directed implementation of Uniform System of Accounts for the Lodging Industry (USALI) to maximize comparability of internal results with potential acquisitions.

• 

  Otter Tail Corporation

  • Fargo, North Dakota Area

  • Internal Auditor

    • Jun 2010 - Aug 2012
    • Fargo, North Dakota Area

    • Performed consulting and compliance services in information technology, reporting, and governance for subsidiary companies in the manufacturing, construction, and utility industries. • Team leader for Sarbanes-Oxley compliance work completed at Otter Tail’s largest manufacturing facility. Traveled to aid management of acquired companies in instituting new processes and financial controls.• Conducted strategic industry analysis, portfolio optimization, and correlation analysis of current and target companies to ensure ideal mix of investments. Presented results to the board of directors and executive team of this publicly traded company valued at over $700 million. • Developed and implemented an entity-wide business risk management reporting framework.

• 

  Otter Tail Corporation

  • Fargo, North Dakota Area

  • Corporate Development Intern

    • May 2009 - Aug 2009
    • Fargo, North Dakota Area

    • Modeled financial performance of more than 10 merger and acquisition candidates. • Strengthened the acquisition model to include scenario analysis, ratio analysis, and automatic capital expenditures and depreciation calculations.