Cory is a CPA with over a decade of experience in accounting and private equity, where he invested over $1 billion across 20+ transactions as well as raising $20 million on behalf of startups. He left private equity to start a venture-backed IoT company while freelancing for family offices, private equity funds, and public companies. He's worked in various fields such as business and tech development, capital raising, and transaction execution.
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.
Raised over $23 million in seed, Series A, and Series B capital.
Closed two acquisition totaling more than $24 million in the purchase price.
Scaled a team to more than 100 people.
Built financial and projection models to manage the cash flow.
Focus areas: Mergers & Acquisitions (M&A), Capital Raising, Financial Modeling
2016 - 2017
Developed an acquisition target list and relationships for a hospitality WiFi strategy.
Led the business development efforts for the $30 million 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
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
2010 - 2014
Prudential Capital Group
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
2008 - 2009
Received certified public accounting certification after only a 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.