Cory Azzalino

Cory Azzalino

Los Angeles, United States
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Cory Azzalino

Cory Azzalino

Los Angeles, United States
Member since January 23, 2017
Cory is a CPA with over 9 years of experience in accounting and private equity, where he invested over $1B across 20+ transactions. He left private equity to start a venture-backed marketing IOT company while continuing to freelance for family offices, private equity funds, and public companies. He has a diverse experience in business development, capital raising, technology development, and transaction execution.
Cory is now available for hire
Career Highlights
Academic Highlights
Case studies
Industry Expertise
  • Private Equity
  • Venture Capital
Software Expertise
  • Capital IQ
  • Microsoft Excel
  • Microsoft PowerPoint
Other Expertise
  • Debt Raise
  • Mergers & Acquisitions (M&A)
  • Three Statement Operating Model
Employment
  • CEO
    Rally Networks
    2013 - PRESENT
    • Established and executed a company strategy for technology development, manufacturing, operations, hiring, and sales.
    • Hired and manage seven employees; including mechanical and electrical engineers, software programmers and a sales team.
    • Prepared investment material, negotiated term sheets and closed a $750,000 seed round from investors including Techstars, Liberty Global, Virgin Media, and Tomorrow Lab.
    • Signed critical business development partnerships with customers managing over 8,000 retail locations and established relationships with seven mobile app companies leading to over $250,000 in contracts.
    Focus areas: Financial Planning & Analysis (FP&A), Fundraising, Angel/Seed Funding, Venture Funding, Project Management, Financial Modeling, Financial Reporting
  • Senior Associate
    GPB Capital
    2016 - 2017
    • Developed an acquisition target list and relationships for a hospitality WiFi strategy.
    • Led the business development efforts for $30M acquisition of a hospitality WiFi provider that doubled the company's revenue and EBITDA.
    • Created financial models to run transaction return scenarios.
    • Maintained a pipeline of eight additional companies to be acquired by the end of 2018.
    • Generated an operating model to help the management develop budget and forecasting tools to better understand customer profitability and growth opportunities.
    Focus areas: Mergers & Acquisitions, Business Plan Development, Capital Raising, Capital Structure Analysis
  • Director of Corporate Development
    JH Capital
    2014 - 2017
    • Led the diligence and investment research on seven early-stage and growth opportunities across several verticals, including: technology, business services, specialty finance, manufacturing, cyber security, and aerospace.
    • Created the business case for a debt settlement and consumer lending company that led to an increase in revenue from $3.7 million in 2014 to $10.2 million in 2015 and $23 million in 2016.
    • Developed a critical operating model and investment material to secure $100 million in credit facilities for the continued expansion of lending and purchasing activity.
    • Raised $75 million in equity investment from leading private equity firms.
    • Acted as a board observer.
    Focus areas: Capital Structure Analysis, Capital Raising, Financial Reporting, Financial Modeling, Financial Benchmarking, Financial Planning & Analysis (FP&A), Debt, Equity Research
  • Senior Financial Analyst
    Prudential Capital Group
    2010 - 2014
    • Worked as a member of a three-person investment team with one direct report that managed over $1.7 billion of senior debt, mezzanine and equity investments in fifteen portfolio companies; including three control equity investments.
    • Screened deals, performed extensive diligence, created LBO models, formulated investment theses, presented recommendations to the investment committee, and aided in the structuring and negotiation of over $1 billion of investments across seventeen transactions.
    • Was awarded the highest-ranking classification (5 out of 5) among a 50+ person international analyst class each year.
    • Generated prospective deals by identifying potential investment targets, cold-calling to set up meetings, and presenting the financing capabilities to the senior management.
    • Reviewed and negotiated term sheets, examined closing documents, and completed over fifteen legal modifications.
    Focus areas: Financial Modeling, Private Credit, Equity Research, Capital Structure Analysis, Capital Raising, Growth Capital Raising
  • Audit Assistant
    Deloitte
    2008 - 2009
    • Received Certified Public Accounting certification after only one year.
    • Audited public and private companies across several industries, including Enterprise Software, Real Estate, Manufacturing and Engineering.
    • Developed financial models and detailed reports to analyze revenue and expenses line items.
    • Analyzed financial statements for inaccuracies and suggested changes before the release of public filings.
    • Created variance reports to statistically recognize material changes that were anomalous.
    Focus areas: Financial Reporting, Financial Modeling, Financial Benchmarking, Financial Planning & Analysis (FP&A)
Education
  • Certified Public Accountant License in Accounting
    CalCPA - Los Angeles, CA, USA
    2008 - 2010
  • Bachelor's degree in Accounting
    University of Southern California - Los Angeles, CA, USA
    2004 - 2008
  • Bachelor's degree in Finance
    University of Southern California - Los Angeles, CA, USA
    2004 - 2008
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