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Manager Sales

Location:
Weston, CT
Posted:
May 28, 2020

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Resume:

Dennis Savitsky

*** ***** **** ****

Weston, CT *6883

203-***-**** home

203-***-**** cell

Email addhb4@r.postjobfree.com

Professional Experience Summary

● A CPA with over 30 years of financial and operational experience in various professional capacities.

● Significant turnaround experience in many different manufacturing and service businesses with varying capital and ownership structures.

● Seasoned finance professional for private/public debt and equity placements, structured financing, tax advantaged structures

● Mergers and Acquisitions experience on both the buy and sell side in various industries.

● System implementation in various operating/accounting system environments

● Monthly and yearly reporting responsibilities for both shareholders and statutory stakeholders on a timely basis

Newbridge Capital Partners LLC

2009 to present

President

Middle Market Merchant/Investment Bank

Completed acquisition and advisory engagements in the direct marketing (print and direct mail), wholesale/retail telecommunications, oil and gas, meta data companies, mobile technology and software companies. Engaged by client companies for turnaround services in Article 9 and assets sales. Clients include insurance, distribution, manufacturing, private equity funds, conventional lenders, turnaround firms, overseas asset managers and high net worth individuals. Franklin Hamilton LLC

Senior Advisor

2012 to present

Franklin Hamilton is a Mergers & Acquisition Advisory firm serving middle market companies in the Insurance, Manufacturing, Oil & Gas and Energy sectors. My engagements included providing full Merger, Acquisition, Divestiture and Turnaround services, and helping companies raise capital or restructure their current capital structure. I have provided succession plan consulting in addition to marketing companies to both strategic investors and private equity firms. I have completed sales of large regional insurance agencies and I am also in the process of negotiating letter of intents for the sale of a transportation insurance distribution company Shop Your Spot, Inc.

2017 to present

Executive Vice President Business Development

Shop Your Spot is an Indianapolis-based startup company that puts a unique spin on the world of mobile deal apps. My position has me encouraging traditional print coupon customers, predominately casual dining restaurants, to sign up for this cutting-edge technology mobile app to engage and transact on a lower cost, more efficient basis. Shop Your Spot merchants pay a minimal, flat monthly subscription fee and keep 100% of their revenue, as opposed to Yelp and Groupon, and the ROI of this offering is higher Shop Your Spot merchant partners use a marketing tool which lets merchants have complete control of their offers and event information from start to finish, and can change offers on an as needed basis.

Rather than waiting on edits and approvals from the deal site, merchants can easily create and submit their own offers and information allowing customers to take advantage of them in real-time. Merchants are provided with detailed analytics, giving them an undeniable advantage in future and present planning compared to other marketing channels such as direct mail and print advertising. Merchants are seeing, on average, a 25 percent offer redemption rate, far exceeding the 3-5 percent redemption rates of traditional printed coupons.

For consumers, Shop Your Spot provides a completely new approach to purchasing. In times when most people are searching for the best deals in hopes to save a dollar, Shop Your Spot delivers the first collaborative site to bring dynamic, real-time deals and event information together in one easy to navigate mobile app. Shop Your Spot’s precise profile building system ensures consumers receive only the deals that are important to them; products and services they want from the retailers they choose.

Star Data Group LLC

2017 to present

Managing Member

Owner of a startup company that remarkets meta data from International Insurance partners. Completed execution of data sharing contracts with certain casual dining restaurants and mobile applications

Company is currently looking for advertising partners in China, Argentina and the United Kingdom The company provides pharmaceutical and travel insurance benefits to international travelers from overseas to the United States through easy to use travel companion apps, and has a strategic partnership with Shop Your Spot.

Com-Pak Services, Inc./Riverside Acquisition Group LLC 2009 to 2013

Acting President/CFO/Advisor

$25 mm Direct Mail, Fulfillment Company

Completed an acquisition through an Article 9 sale and arranged the financing of a $8mm company in the same industry. Reduced the equipment footprint and combined the entities into one manufacturing location. Identified and closed business with new customers utilizing free capacity to add to profitability. Renegotiated current liabilities with lenders prior to closing of the accretive transaction to temporarily increase cash flow. Instituted cost cutting measures to reduce fixed costs and return company to profitability. Identified new formats of production not previously focused on in order to increase sales volume. Reconstituted current production platform to increase efficiencies and have competitive advantages when selling to the market place. Precision Technology, Inc. 2006 to 2009

President/CFO

$20 mm Direct Mail/Commercial-Printing Company

Assembled a team of industry professionals and instituted a series of cost cutting initiatives. Returned the company to profitability and positive free cash flow after years of recurring losses. Instituted various programs focused on decreasing direct and variable costs from both a supply chain and labor standpoint. Reduced the amount of redundant and underutilized equipment thereby reducing debt and borrowing costs. Raised the capital and authored the private placement memorandum for the sale of the company to a new group of investors. Spencer Press Inc. 2002 to 2005

COO/CFO

$100 mm Catalog /Direct Mail Printing Company

Instituted many manufacturing and production initiatives that reduced both fixed and variable unit costs in this under managed family-owned business. Spearheaded the cash flow turnaround and led the negotiations and closing of the successful sale to RR Donnelly at an above market multiple. Many of the cost cuttings activities were related to supply chain management and Best Practices. Transformed this predominately catalog only production facility into a multi-faceted direct mail production facility, mailing more than 700 million pieces of direct mail and catalogs from its facility in Wells, Maine.

Quebecor World 1997 to 2002 (initially World Color Press) Executive Vice President Operations Commercial Direct Mail Group

$6 Billion Commercial Printing Company

Served as the Vice President of Finance and Operations for Quebecor World’s Commercial and Direct Mail Group that represented $1.2 billion in revenues. The division companies included in this group had core competencies in direct mail, personalization, direct imaging, print on demand, packaging and general commercial. During this period, actively pursued various vendor supply chain management agreements, which included establishing a relationship with Precision Technology. In addition, was actively involved in acquiring companies that all proved to be accretive to earnings and delivered post acquisition synergy results exceeding $50 million As part of the merger between World Color Press, Inc. and Quebecor, Inc. in 1999, managed many plant closings and synergy initiative programs.

Carnegie Hills Partners 1994 to 1997

Managing Director

Financial Services Company

Participated in and led various financings for client companies involved in various manufacturing and services industries. Included many equity and debt private placements for manufacturing and service companies.

Tradition North America, Inc. 1989 to 1994

Chief Financial Officer

Inter-Broker Financial Services Company

CFO of this boutique broker dealer, dealing in many interest rate derivatives, foreign exchange and debt instruments. As CFO, began a corporate finance group for client companies that advised on many debt and equity private placements in many industries. Thomson McKinnon Securities 1985 to1989

Accounting and Tax Manager Non-Broker Divisions

National Retail Broker Dealer

Manager of a department which filed all external reporting, SEC and Tax, for public and private entities of all non-broker dealer activities at this national retail broker dealer. Started this department from scratch and its peak managed thirty employees of very different levels of experience and responsibility.

Mann Judd Landau 1979 to 1985 (merged with Deloitte and Touche) Senior Audit Manager

Ran audit of client companies in various manufacturing, health care, service and leasing industries. Client services included MIS consulting, tax and audit. Charitable Affiliations

Norwalk Emergency Shelter 1996 - present

Live Green Connecticut 2010 - present

Professional Affiliations

Licenses and Affiliations-Member of the America Institute of Certified Public Accountants 1981 Certified General Management Association

Education-BBA, Hofstra University 1979



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