Senior Financial Executive

SCOTT PETERSON

**** ** **** ******, ***** Springs, FL 33067

Cell: 954-***-**** • ********@*********.***

SENIOR FINANCIAL EXECUTIVE

Operational CFO/ Turnaround Expertise / Change Management & Growth Situations

Versatile, entrepreneurial and results-oriented financial and business management executive with diverse industry

experience within startup, turnaround, high -growth and international enterprises. Strategic and resourceful

problem solver with track record of sustainable revenue and income gains in highly competitive business markets

through revenue growth, cost reduction, process redesign and performance management. Solid leadership,

communication and interpersonal skills to build cross-functional teams and achieve objectives and goals within

distressed and high-stakes environments. Certified Public Accountant (CPA) and MBA.

CORE QUALIFICATIONS

Leadership & Team Building Strategic Planning & Execution Mergers & Acquisitions

International Business Affairs Change, Growth & Turnarounds Equity & Debt Financing

Risk & Cash Management Stakeholder Relations Corporate Restructuring

CAREER HIGHLIGHTS

Saved more than 3,100 jobs from measures to save distressed companies. Created more than 1,800 new jobs

from implementation of strategies that ensured organizational growth and profitability.

Raised $165M for various companies throughout career, ranging from $100K equity investment to $30M bank

acquisition facility.

Grew revenue 85%, EBITDA 312%, and stock price 345% within one year for publicly-traded international

management consulting firm.

Completed 29 strategic acquisitions in three years which contributed more than $160M in profitable revenue

for $2B national workforce solutions company.

PROFESSIONAL EXPERIENCE

ACM CAPITAL PARTNERS, Miami, FL 2010 – 2013

National financial advisory and restructuring practice assisting small and middle market firms in transition or distress.

MANAGING DIRECTOR

Directed firm business development activities and managed client engagements including reorganizations, interim

management, capital raising, M&A advisory, due diligence, debt restructuring and balance sheet recapitalization.

Selected Engagements & Achievements:

$40M Cable Installation Company, Boca Raton, FL: CRO / Interim CFO - Retained by private equity

backed company to orchestrate out of court reorganization and company sale. Refinanced $3.5M secured

working capital facility and eliminated $2.1M cash burn. Completed sale to strategic buyer at 8x EBITDA.

$20M Building Materials Supplier, Miami, FL: CRO / Interim CFO – Referred by senior lender to manage

bank workout. Reduced fixed costs 45% and negotiated $1.8M in deferred vendor balances. Negotiated $5M

asset-based working capital facility. Completed sale of $14.2M bank notes at 60% discount.

$25M Printing Company, Miami, FL: Interim CFO - Developed comprehensive restructuring plan for

distressed company. Secured $5M asset-based credit facility. Negotiated forbearance with senior equipment

lenders and unsecured creditors. Closed $400K bridge financing.

$10M Tile Distributor, Miami, FL: CRO / Interim CFO – Averted bankruptcy with successful out of court

reorganization. Reduced fixed costs 25% and negotiated $1.1M discounted vendor settlements. Developed

budget and cash forecast models. Negotiated $500K mortgage financing for working capital.

$7M International Auto Parts Distributor, Miami, FL: Interim CFO – Sourced strategic buyer and

finalized asset sale of distressed company on verge of liquidation. Negotiated settlement with senior lender.

$5M Trash and Linen Chute Manufacturer, Hollywood, FL: Interim CFO – Assisted in forbearance

negotiations with senior secured lender. Implemented integrated accounting system. Improved profit mar gins

by 8 points through cost reductions, productivity gains and relocation of manufacturing facility to Mexico.

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SCOTT PETERSON Page 2 of 3

SUNBELT DIVERSIFIED ENTERPRISES, Miami, FL 2008 – 2010

Private equity holding company focused on acquiring and operating small and medium sized companies in Southeast U.S.

CHIEF FINANCIAL OFFICER

Directed finance, accounting, administration, legal, and IT operations. Managed loan negotiations and

compliance, M&A activities, buy-side due diligence and portfolio company support and oversight.

Selected Achievements:

Acquired five companies with $38M combined annual revenue and $9M EBITDA.

Negotiated letters of intent to acquire four additional companies with $44M revenue and $11M EBITDA.

Raised $15M in initial and second rounds of equity financing.

Closed $30M “one stop shop” acquisition facility secured by assets of existing portfolio companies.

Negotiated forbearance agreement with senior lender pursuant to financial covenant default.

GULF FLEET HOLDINGS, a portfolio company of H.I.G. Capital, Lafayette, LA 2007

$35M private equity backed company that owns and operates a fleet of offshore vessels providing critical shipping services to

the oil and gas industry, primarily in the Gulf of Mexico.

INTERIM CHIEF FINANCIAL OFFICER

Partnered with equity sponsor to syndicate senior secured debt. Raised $15M in debt financing for two new

vessels. Created business planning model and institutionalized annual budget process.

EVEST LENDING, Coral Springs, FL and Portland, ME 2005 – 2007

National mortgage lender formed and licensed in 13 states.

INTERIM CHIEF FINANCIAL OFFICER / FINANCIAL ADVISOR

Assisted in formation of national mortgage lender . Completed $5M equity raise and negotiated $25M warehouse

line of credit. Established and managed Florida and Maine operations.

MIAMI AIR INTERNATIONAL, Miami, FL 2003 – 2005

$110M private equity backed FAA Part 121 passenger charter airline featuring a fleet of Boeing 737-800s and 737-400s.

CHIEF FINANCIAL OFFICER

Recruited to plan and direct turnaround of troubled post 9/11 airline. Managed financial, accounting,

administration and IT functions.

Selected Achievements:

Retained to lead Chapter 11 process; averted bankruptcy with successful out-of-court reorganization.

Turned around company from $16M loss to $8M profit within one year ; grew enterprise value 440%.

Negotiated $4M forgiveness of senior secured debt.

Completed sale of company to minority shareholder for over 4x EBITDA.

VIASOURCE COMMUNICATIONS, Fort Lauderdale, FL 2001 – 2003

$200M publicly-traded provider of broadband installation services.

EXECUTIVE VICE PRESIDENT / CHIEF FINANCIAL OFFICER

Retained by Board of Directors to lead financial turnaround of troubled company.

Selected Achievements:

Led restructuring efforts to eliminate monthly cash burn of more than $800K.

Raised $10M DIP financing and restructured $54M senior secured debt.

Completed implementation of Oracle Financials 11i.

Filed for Chapter 11 bankruptcy. Negotiated and completed asset sale to 180 Connect in 363 auction.

Continued

SCOTT PETERSON Page 3 of 3

Prior tenures included:

VICE PRESIDENT, FINANCE, PROUDFOOT CONSULTING, West Palm Beach, FL and London, England

Provided financial and business leadership for publicly-traded international management consulting firm. Key

executive recruited to develop and execute turnaround, capital raising and high-growth strategies. Reported

directly to Chief Operating Officer.

Grew revenue from $65M to $120M in one year.

Sold Japan business unit for $28M and acquired $30M European competitor.

Raised $6.8M through private placement and public offering.

Implemented Oracle Financials 11i and business intelligence software.

Established and managed Global Shared Services center that provided centralized transaction processing,

accounting and financial reporting.

CARIBBEAN AREA FINANCIAL CONTROLLER / DIRECTOR, FINANCE, DHL WORLDWIDE EXPRESS, Fort Lauderdale, FL

Financial executive with $6 billion international air express and logistics company operating in more than 220

countries. Managed complex 30-entity Area and served on key management team for International Americas

$550M Region. Reported directly to Area Vice President.

Key player in transitioning Area from $7M loss to $16M profit within nine years through strategic

leadership, quality improvements, technology upgrades, process redesign and aggressive cost controls.

Recognized as only DHL business unit to win prestigious “President’s Cup” in consecutive years for

outstanding business performance and financial results.

Selected, designed, and implemented billing, accounting and financial reporting systems.

Developed and successfully implemented “Quick Close” initiative to produce monthly consolidated

financial statements and analyses within three business days .

DIRECTOR, ACQUISITIONS, SPHERION, Fort Lauderdale, FL

DIVISION CONTROLLER, ADP COMTREND (DIVISION OF ADP, INC.), Stamford, CT

SUPERVISING SENIOR ACCOUNTANT, KPMG (FORMERLY PEAT, MARWICK, MITCHELL & CO.), New York, NY

EDUCATION / CREDENTIALS:

MASTER OF BUSINESS ADMINISTRATION, NOVA SOUTHEASTERN UNIVERSITY, Fort Lauderdale, FL

BACHELOR OF SCIENCE, ACCOUNTING, PROVIDENCE COLLEGE, Providence, RI

CERTIFIED PUBLIC ACCOUNTANT, NEW YORK STATE

PROFESSIONAL AFFILIATIONS:

FINANCIAL EXECUTIVES INTERNATIONAL

TURNAROUND MANAGEMENT ASSOCIATION

AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

NEW YORK SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

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