I am the the Entrepreneur's Yoda! I can provide assistance in fixing under-performing operations and help you develop strategic alternatives for growth and building value. I can also provide guidance in realizing value through a business exit.
Managing Partner
Technology Directions
Jun 2004 - Jun 2020
Technology Directions Group provides advisory and financial
services to small business owners who need focused solutions for major business
challenges, key among them: angel investing; strategic partnerships; turnaround/Interim
executive management; small business exit/merger and acquisition.
Non Executive Director
OpenDNA, Ltd (OPN:ASX)
Perth, Australia
Aug 2016 - Dec 2017
OpenDNA is the next generation of user profiling and
internet personalization. I was a mentor to the founder and helped him get to
and through the IPO process on the Australian Stock Exchange (OPN:ASX). Using a
proprietary Artificial Intelligence System which leverages bespoke algorithms
and Natural Language Processing (NLP) tools, OpenDNA enables real-time analysis
of each individual's digital actions to establish a detailed psychographic
profile which far exceeds the level of detail that is currently available. This
profile enables business to better serve their users with highly personalized
offerings and relevant experiences which, in turn, enhances the revenue
generating capacity of their websites and apps. The company has since been
merged and is now traded as RooLife Group (RLG:ASX).
Managing Partner
Action Advisory Board
Oct 2010 - Dec 2012
The Action Advisory Board is "The Small Business
A-Team", an action team of experienced entrepreneurs, helping small
businesses maximize results and better manage sales, marketing, finance and
operations. The "A-Team" members complement our clients' experience
to help solve their biggest problems and capitalize on their best
opportunities.
Chief Operating Officer
Armour Group, Inc.
Ft. Lauderdale, FL USA
Oct 2010 - Jul 2011
Armour Group, Inc. designed and produced transparent and
opaque armor, armored vehicles, vehicle armoring kits, interdiction vessels,
and mobile hospitals. Through the acquisition of the assets of Advanced Blast
Protection, their products were deployed since 2003. AG manufactures and
delivers products for military, law enforcement and civilian use. In addition,
they served international customers, and governments including virtually all
branches of the US Armed Forces, their various key subcontractors, the
Department of Homeland Security, the United Nations, and numerous commercial
companies. Their RhinoRunner® armored personnel transport vehicle transported
and protected thousands of troops in Iraq and Afghanistan. Their products were
designed, fabricated and manufactured entirely in the United States.
Chief Operating Officer
Advanced Blast Protection, Inc.
Weston, FL USA
Apr 2007 - Jun 2009
Initially part of turnaround team. Responsible for all
company operations including business development, marketing, manufacturing,
engineering, quality assurance and information technology for this small
business manufacturer of uparmoring kits, specialized armored vehicles and
ballistic glass to US and international military customers. Upgraded
engineering, quality, IT and production, reduced costs, introduced new
processes. Played a major role in securing more than $15 million in new
business; assisted in the re-financing efforts that raised more than $5 million
in private equity.
President
Global Secure Safety, Inc.
Bear, DE USA
May 2005 - Mar 2007
Managed the successful turnaround and consolidation of
multiple small business manufacturing companies of products focused on critical
incident response, homeland security and the US military, a subsidiary of
Global Secure Corp., $50 million revenue critical incident response holding
company. Consolidated and integrated two disparate manufacturing businesses
that had been acquired, with annualized revenues in excess of $10 million.
Achieved operating profits for the combined operations within the first three
months of consolidation. Streamlined sales distribution channels, reduced cost
of goods sold by more than 15% while upgrading product quality, improving
customer service levels and introducing multiple new products.
Managing Director & CEO
Hamilton Capital Group, LLC
Philadelphia, PA USA
May 1999 - Jun 2004
One of five founding partners of this boutique investment
banking firm focused on providing both sell-side and buy-side merger and
acquisition and capital placement services primarily for private small business
and middle market companies in information technology, healthcare, and security
markets. Successfully completed transactions with a value of more than $250
million.
Managing Director
LBC Capital Resources, Inc.
Philadelphia, PA USA
Jan 1997 - May 1999
Responsible for all technology segment transactions for this
boutique investment banking firm primarily focused on the private placement of
public equity in micro-cap public companies. Also responsible for all
merger/acquisition transactions across all industry segments. Successfully
completed transactions with a combined value of more than $100 million.
President & CEO
ION Networks (formerly Microframe)
Edison, NJ USA
May 1994 - Dec 1996
Completed successful turnaround of this publicly-traded
provider of telecommunications network management and security products. Grew
revenue and earnings more than 50%, doubled the stock price during the first
twelve months. Achieved company re-listing on NASDAQ. Completed international
acquisition and private placement as part of long-term growth strategy.
President & CEO
Perceptive Solutions, Inc.
Dallas, TX USA
1993 - 1994
In less than six months, completed successful turnaround of
the operations of this, entrepreneur-owned, small business provider of
intelligent disk controller products for personal computers, which had lost
more than 50% of its revenue over the prior year, had significantly negative
cash flow and serious morale problems. Increased revenues, stabilized costs,
refined product focus, re-tooled distributor relationships and downsized staff.
President & CEO
Integrated Multimedia Solutions, Inc.
Dallas, TX USA
1991 - 1993
Completed successful turnaround and combination of two small
business operations - a computer-based training (CBT) business and a PC
design/development business. Raised $2 million in capital to underpin
turnaround. Consolidated the businesses into an aggressive entrepreneurial
multimedia hardware/software developer and integrator delivering training and
self-service kiosk applications.
Executive Vice President, Division Manager
MTech Corporation
Irving, TX USA
1986 - 1988
P&L responsibility for four separate business units with
more than 250 employees for this publicly-traded bank data processing company.
Part of executive management team responsible for initial public, offering,
raising more than $75 million in equity and debt. Through a series of small
business acquisitions and international expansion, managed and grew a $7
million software division to more than $40 million in sales in less than two
years, increasing profits by more than 150% prior to MTech's acquisition by EDS
in 1988.
Executive Vice President
Benton International
1984 - 1985
Lonnie Sciambi
The Value Force
41 Waterwitch Avenue
Highlands, NJ 07732
Phone: 848-300-2433
Sunday | Closed |
Monday | 9:00 - 5:00 |
Tuesday | 9:00 - 5:00 |
Wednesday | 9:00 - 5:00 |
Thursday | 9:00 - 5:00 |
Friday | 9:00 - 12:00 |
Saturday | Closed |