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Michael L. Castleberry, MBA

Dallas-Ft.Worth, TX 75077 214-***-****

ad3s8g@r.postjobfree.com

SUMMARY:

Senior health care professional with a strong development, financial and operational background within the substance abuse, behavioral, renal care, senior care, and managed care sectors. Proven track record of developing and leveraging long/short term relationships to meet acquisition expectations of sellers while also achieving organizational growth targets. DEVELOPMENT

Relationship Building

Acquisition Due Diligence

Legal/Transactional Negotiation

Corporate/Strategic Development

Business Planning

FINANCE

Fortune 500 Forecasting/Budgeting

“Big 4” Experience

Full P/L Management

Dashboard/KPI Development

Normalized/Prospective Reporting

OPERATIONS

Multi-Facility Responsibility

Project Manager/Leadership

Team Building/Development

Process Improvement

Persuasive Public Speaker

WEBSTER EQUITY PARTNERS: Vice President, Corporate Development 2022 - Current Supported Baymark Heath Services and Oceans Healthcare, both Webster platform companies BayMark Health Services: the largest opioid treatment company in North America serving 75,000 patients in 36 U.S. States and 3 Canadian provinces with annual revenue of over $600 million Oceans Healthcare: a nationally recognized behavioral healthcare provider. Founded in 2004, Oceans provides inpatient and outpatient treatment to over 28,000 patients annually in 36 locations.

1 of 3 Development VPs at BayMark with 2023 goals to acquire $42 million EBITDA across all service lines (15 transactions), Lone Development VP at Oceans with 2023 goals to acquire $8.0 million EBITDA (8 transactions)

Through pipeline development, referrals and cold calls, established and built relationships with targeted acquisitions, leveraging exhaustive healthcare experience and scope. Current pipeline: 25 targets/20 owners/TTM EBITDA $60M

Responsible for preparing, participating and presenting to C-level leadership in weekly pipeline status meetings and routine Board reviews

In 2023, closed and transitioned two multi- million dollar revenue clinics treating over 500 patients from a multi- facility regional provider which also included a right of first refusal to purchase a second clinic of similar size in 2024

Successfully procured four separate letters of intent in new states, both scheduled to close in late 2023/early 2024 with annual aggregate EBITDA of ~$30.0 million, 10 facilities, in eight states with and over 1000 patients

Managed entire acquisition process from initial feasibility analytics, LOI execution, comprehensive due diligence, purchase agreement negotiations to the final transfer of ownership working with internal and external partners FRESENIUS SE: Senior Director of Financial Planning & Development 2007 - 2021

$20 billion global/public healthcare company with 120,000 employees providing dialysis treatments, infusion therapies, private hospital operations, and healthcare engineering services in over 100 countries.

Valued leader with Business and Corporate Development teams identifying and assessing organic (de novo / Joint Ventures) and acquisition expansion opportunities, driving 4.0% annual margin growth throughout tenure

During ~ 15-year tenure assigned progressive levels of responsibility/scope from business unit – FP&A Director ($1 billion annual revenue) to Division - Senior Director FP&A/Development ($6.0 billion annual revenue – budgeting and development), leveraging Operations, Finance and Development background and skills

Established and sustained trusted physician relationships to procure new and organic business

With Operations and Development Leaders, managed the Division’s $6.0 billion, multi-level, operating/growth budget and five intra-year forecasts, with bottom-up/top-down drivers (1,200+ clinics, 26 regions, integrated KPIs)

Key participant and partner in monthly Operation Review Meetings/Steering Committees supporting C-level executives, Division Presidents, General Managers, and Group Vice Presidents to drive operations/development MICHAEL L. CASTLEBERRY (cont.)

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HOSPITALITY HEALTHCARE SERVICES, LLP: Dir. of Financial Operations/Development 2003 - 2007

$150 million skilled nursing facility management company with over 100 facilities in Texas and Illinois

Increased enterprise value of 24 Illinois skilled nursing facility portfolio through financial system improvements, expense controls, and revenue enhancements which ultimately contributed to the successful sale of the portfolio

Implemented financial and cash reporting tools which directly reduced cash collection to an average DSO of 30 days

Partnered with operation leaders to develop key dashboard reporting metrics which successfully reduced annual expenses

Developed intra-month reporting matrix which positioned operators to proactively influence monthly results

Managed an 11-FTE regional financial consulting team in two states with responsibilities for facility and regional outcomes

Developed and maintained an Excel-based, bottom-up, facility-level budget template

Valued business liaison between business development, operations, and finance PRICEWATERHOUSECOOPERS / FTI CONSULTING, INC.: Director – Restructuring Group 1999 - 2003 FTI Consulting is an international business advisory firm with approximately $1.5B annual revenue with a practice focus on strategic, operational, financial, and capital needs of companies, private equity sponsors, creditors, and other parties.

Provided financial and operational restructuring, bankruptcy, and litigation support services for companies, secured lenders, and unsecured creditors

Assisted with creating business development / new client acquisition marketing materials and pitch books

Served as lead Manager in the development of a $200 million, bottom-up skilled nursing facility operating budget and comprehensive business plan, including strategic and detailed market analysis for each facility within an 80-unit portfolio operating in two states

Developed and refined a facility-level financial projection model (pro formas, integrated P/L, B/S and cash flow)

Performed business plan reviews, budget-to-actual performance variance analyses and presented to team leads EDUCATION and LICENCES:

Master of Business Administration (Finance)

University of North Texas, Denton, TX

Bachelor of Business Administration (Marketing)

Austin Peay State University, Clarksville, TN

Licensed Nursing Facility Administrator – TX

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