Michael D. Steingrebe, cma Longmont, CO
303-***-**** ( abmg02@r.postjobfree.com
Senior Finance Executive
Technology, Manufacturing, Clean Energy
Global business builder and solutions driver with 25+ years of success
creating top-performing startup companies, early stage ventures, and high-
growth enterprises. Entrepreneurial mindset, energy, and style with natural
talent for aligning corporate goals with operations, technology, R&D, sales
and marketing, purchasing, inventory, production, and distribution.
Straightforward communicator, strong negotiator.
. Executed more than $100M in private equity transactions, including over
$70M for early stage digital media company.
. Public Company Director and Audit Committee for international Solar
Panel Manufacturer with 40% annual growth.
. Completed multiple US and International acquisitions that increased
acquirers' revenue more than 50%
Expertise: Mergers and Acquisitions, Joint Ventures, Finance & Accounting,
Systems Development & Implementation, Performance Reporting & Analysis,
Balanced Scorecard, Benchmarking, Competitive Market Positioning
Professional Highlights
CFO Consultant, Denver, CO - Professional advisory focused on providing CFO
solutions to SMB sectors.
Consultant, 2006-Present
Provide expertise in guiding companies through major changes, creating
value, strategic financial planning, M&A support, restructuring advice,
bank negotiations, capital-raising, and management team augmentation.
Project Highlights
. Communications Infrastructure Corporation, Santa Barbara, CA (largest
provider of backhaul infrastructure construction services for wireless
carriers nationwide): Restructured operations to improve performance and
reduce breakeven revenue >60%. Restored company's growth trajectory and
positioned company to attract potential acquirers'.
. eParkGuide, LLC, San Jose, CA: Refined and enhanced business model for
seed-stage software company to include multiple sources of revenue, an
incentive model for national parks, a social network, content
development, and comprehensive model for third-party content publishing.
Completed $8M staged financing round.
. Control Works, Inc. (CW Industries), Lakewood, CO: Recreated brand and
packaged $5M green technology company's product to support recurring
revenue model. Closed strategic partnership with global leader CH2M
Hill.
. Newmerix Corp., Superior, CO: Negotiated customer contracts totaling
more than 60% of company's annual revenue in just 4 months. Closed $7M
follow-on equity round for the $10M enterprise software company.
. Developed business and financial models for operations planning and
investor presentations for pre-funding stage bio-fuel distributor.
. Provided general business/financial advisory services and facilitated
investor/partner introductions for a pre-funding stage smart grid
technology provider of commercial and residential demand response
technologies.
vt mobile, inc. (dba VisionTEK, Inc.), Superior, CO - $5M software company
providing mobile apps and data message switches to public safety and
homeland security markets.
Chief Financial Officer & Chief Operating Officer, 2004-2006
Orchestrated a number of firsts for the 11-year old company, while
instituting an ongoing evaluation and performance measurement system to
advance continuous improvements. Restructured and improved performance of
engineering and quality assurance departments.
. Attained first-ever profitable quarter.
. Completed first reseller agreement.
. Converted long-term debt to equity in conjunction with insider equity
round.
envysion, llc, Westminster, CO - Developer of digital video recording
products/applications for surveillance cameras.
Co-Founder / Chief Financial Officer & Chief Operating Officer, 2003-2004
Built and positioned company for sale to new investor/management group,
creating innovative service-based business model to penetrate the casino
market, differentiating the company in a very fragmented and competitive
market.
DataPlay, Inc., Boulder, CO - Early stage digital media company developing
next generation consumer products for distribution through Internet and
traditional channels.
Vice President, Corporate Development, 1999-2003
Instrumental in creating and managing company's marketing strategy and
positioning focused on developing strong brand in web-based content
distribution space. Raised more than $70M in private financing, secured
debt financing, and completed a joint venture with Toshiba. Structured,
negotiated, and closed several partnerships, including distribution and
sales rights, intellectual property licenses, and web transaction
agreements.
Private Equity Fundraising
. Completed second round funding of $10M, a 700% increase in over the
first round 7 months earlier.
. Closed third round financing of $50M at a 625% increase over second
round with partners that included Universal Music, Samsung, Toshiba,
Diamond MultiMedia, and EMI.
Strategic Partnership Structuring, Negotiating, Closing
. Joint venture in Japan with Toshiba, including manufacturing license,
. Manufacturing agreements with Samsung and other major consumer
electronics companies.
. Technology license agreement with Kodak.
. Joint development, manufacturing and world-wide distribution agreements
with Imation Corporation.
SyVox corporation, Boulder, CO - $5M developer of hardware and software
applications utilizing speech recognition.
Vice President, Finance, 1995-1999
Obtained more than $13M in private equity investments. Negotiated and
completed acquisition of Belgium company that doubled annual revenue and
created a European subsidiary.
. Negotiated contracts with major customers, including Walt Disney and
Frito-Lay.
. Negotiated technology license agreement, ensuring future generations of
technology critical to long-term strategy.
. Led design and manufacture of 2 new proprietary sound cards at costs
30%/14% less than prior models.
. Managed software development team that developed the company's base
application.
adaptive systems, inc., Niwot, CO - Startup developer of portable
industrial electronic devices.
CFO & VP Operations, 1993-1995
Established vendor relationships, including credit terms to manage limited
cash resources. Closed 2 private equity offerings.
dovatron international, inc., Longmont, CO - $250M electronics manufacturer
of computer products and assembly equipment; division of Dover Corporation,
a Fortune 50 company.
Controller, 1990-1994
Completed acquisitions with contract manufacturing businesses in Ireland
and Southern California that increased revenues 50%. Negotiated and
managed contracts with companies such as Keytronic Corporation.
. Developed budgeting and performance evaluation system that improved
quality and timeliness of information.
. Created new customer quoting process that shortened customer request to
quotation time and buy-in from each department on performance
measurements while facilitating more competitive quotations and
profitability.
Earlier: Financial Analyst, F100 Penn Central Company; Cost Accounting
Manager, F500 Band-It/Houdaille, Inc.
Profile
Education BA in Accounting, Pacific Lutheran University, Tacoma WA, 1981
Certifications Certified Management Accountant, 1989
Board of Directors Worldwide Energy & Manufacturing USA, Inc. (OTC: WEMU),
Director and Audit Committee Member (2009 - Present),
Firehole Technologies (Private, 2008 - Present), Advisory
Board
Advisor: Colorado Green Tech Advisory Group, The Boulder Innovation Center
2009 - Present
Lecturer: University of Wyoming (2008 & 2009 Survey of Engineering
Management), 2008 - Present
Subject Matter Expert: Invited Judge for Business Plan Competition,
University of Denver/ Daniels College of Business, Spring
2010