Morton Hsiao
Los Gatos, CA, *5032
******@*****.***
Experience
Medici Group, LLC, Beverly Hills, CA
Co-founded Medici Group, a Media and Media Services Company with over $60MM in
sales and offices in the U.S., France, UK and Germany
Led a team of 11 professionals for all reporting and accounting requirements
including monthly IS/BS and CF consolidated internationally for 10 entities in
the US, UK, Germany, France and the Netherlands
Migrated the company from Quickbooks and Datev to Great Plains and FrX, and
then again to SAP and Cognos
Led the Company through 4 audits and 4 tax returns including filings for
international companies resulting from M&A work
Personally produced web enabled applications in PHP/MySQL, MS Access
applications and MS Excel applications in VBA to front end systems such as
Xytech and Lisa with GP, managed payroll, managed media metadata for Warner
Brothers and built model templates for greenfield projects
Led a team of FP&A professionals in producing budgets and M&A models for
numerous transactions
Trained one future investment banker, two future controllers and a number of
interns who became FP&A professionals in other companies
Identified M&A opportunities in the Post Production Industry and married
greenfield development projects to such opportunities to leverage existing
technical expertise
Worked with senior management at the operating level to produce an e-commerce
facility to supplement an existing DVD distribution business
Principal negotiator on acquisitions and support negotiator on fund raising
and investments; responsible for specifying and assisting in the drafting of
operating agreements, credit agreements, board minutes, letters of intent, M&A
documents, bid letters and all their associated agreements
Formulated a German post production strategy, communicated the strategy to the
CEO and investors and executed on the plan; acquired three companies and
developed two projects
Transactions:
Acquired EuroArts GmbH, the largest independent classical music producer for
audio-visual content in the world, and Elektrofilm, GmbH Berlin's largest
media services company
Formed Elektrofilm in Burbank, a post production company now with over $10MM
in sales
Participated in the formation of eMedia, a software development company in San
Jose
Raised over $70MM in bank debt and equity
2002 Consultant
Created business plans, offering memorandums and consulted on accounting
controls for two clients
Morton Hsiao Page 2
2000 - 2001 Associate, TMT M&A
Lazard, San Francisco, CA
Advised and/or executed many aspects of mergers and acquisitions transactions
including fairness opinions, valuation, negotiations, transaction structures,
financing alternatives, due diligence, and the marketing of new ideas
Transactions included:
Cnet/ZDnet - Advised Cnet on its $1.6 billion acquisition of Zdnet
Microsoft/Expedia/USA Networks - Advised Microsoft on the sale of its interest
in Expedia to USA Networks
Microsoft - Advised Microsoft on the restructuring of its $5.0 billion
investment in AT&T in the AT&T Broadband/Comcast merger
Turin Networks - Agented a $50 million Series D follow-on Private Placement
1998 - 2000 Associate, Generalist M&A
Rothschild, Inc., New York, NY
Managed Mergers and Acquisitions as a generalist with particular experience in
the telecommunications and retail industry
Led teams of bankers in the preparation of fairness opinions, board books,
offering memorandum and pitches
Transactions included:
France Telecom/Global One - Advised France Telecom on its $10 billion
acquisition of Global One
Ameritech/Bell Canada - Advised Ameritech on its $3.4 billion investment in
Bell Canada
AT&T Wireless - Co-managed AT&T Wireless' $10.6 billion IPO
Infonet Telecommunications Services - Co-managed Infonet's $1.08 billion IPO
1997 - 1998 Analyst, Leverage Finance Group
Prudential Securities Inc., New York, NY
Executed a variety of transactions involving public and private debt and
equity instruments
Prepared financial models, bond market reports, industry specific credit
reports, and analyses including covenant, transaction, credit and company
comps
Transactions included:
Tri-State Outdoor Media Group - Lead managed a $100 million 144a Senior Notes
offering
Shareholders Communications Corporation - Agented a $20 million bank facility
Education
Pomona College, Claremont, CA
BA, Mathematical Economics and Molecular Biology