Barry B. Katz
My wealth of experience serves as a powerful asset in my commitment to enhancing shareholder value. Having been mentored by exceptional entrepreneurs and seasoned C-Suite executives throughout my career, I am uniquely positioned to provide my clients with a suite of services meticulously designed to drive sustainable profitability across their operations. From strategic financial planning to process optimization, my goal is to empower businesses to thrive and achieve their full potential.
My expertise includes:
- Strategic planning
- Pricing design and gross margin enhancement
- Developing Key Performance Indicators (KPIs)
- Corporate accounting, finance, and reporting
- Analyzing and reducing costs/debt
- Budgeting and forecasting
- M&A preparation and due diligence
- ERP system implementation
- Supply chain and inventory management
- Business intelligence
- Private Equity
During my time as CFO, I served as financial executive and board member for small to mid-sized companies. I understand how a business is built from the ground up having served as owner and co-founder of two small businesses. I partnered with sales, procurement, human resources, and operations leaders throughout my career and I now bring this expertise to my clients.
Some examples of significant initiatives that I have led, and
their benefits to my clients and employers, include:
- Assisted family business with two-year back certified audits with Deloitte with a successful exit at a purchase price of $24.4 million.
- Secured a credit facility of $23.5 million including a $12 million revolver, $6.5 million term-note and $5 million of subordinated debt.
- Assisted Private Equity Group in sale at a purchase price of $31.4 million, while securing a $24 million credit facility, including $17.6 million revolver and $6.4 million term note.
- Co-founded a Medical Diagnostic company with a successful exit to a public company.
- Co-founded a Pharmaceutical Research company with a successful exit to private equity.
- Assisted a Private Equity with a turnaround in 2008/2009 with a successful exit.
- Assisted in growing aluminum distributor from 28 to 55 locations in a 5-year period. Assisted in all levels of due diligence and system integration.
- Acquiring a $3 million company.
- Acquiring a $7 million company and successfully integrating ERP system within one hundred eighty days.
- Acquiring a $6 million company and successfully integrating ERP system within ninety days.
I have over 35 years of top-level management experience, serving as a financial executive and board member for multiple companies. I have also been an entrepreneur and co-founder of two small businesses, so I understand the opportunities and challenges of building a business from the ground up. I have a CPA license (inactive) and a strong background in strategic planning, acquisitions, budgeting, and due diligence. I have successfully facilitated several mergers and divestitures, including the recent combination of Nestor and Medco, two sister portfolio companies with $300 million in combined annual revenue.
I have also led the finance project for the upgrade to Infor Cloud Suite Distribution ERP system, enhancing the efficiency and accuracy of the financial operations. I have a proven track record of delivering results and earning trust with various stakeholders, including venture capital groups, public companies, and top accounting firms.
Previously, I held executive financial positions at mid- to large-sized companies including:
- CFO, Secretary and Treasurer – Nestor Sales LLC – $80 million in revenue.
- Director of Finance – Medco Tools – $300 million in revenue.
- Co-founder and CFO – Florida Pharmaceutical Research Corp. – $2 million in revenue.
- Co-founder and CFO – Mobilsonix, Inc. – $1.2 million in revenue.
- Controller – Ashely Aluminum, Inc. – $100 million in revenue.
Education and Certifications
- I earned a Bachelor’s in Science from State University of New York at Binghamton and I am a Certified Public Accountant (inactive).
Resources
Documents & Links
Testimonials
I have had the privilege of working with Barry as a Credit Manager, and I can confidently say that his leadership has been nothing short of exceptional. His mentorship has been invaluable to my growth. He encouraged me to think critically, take calculated risks, and learn from every experience.