Managing Partner

Tom has worked with Argus since 1986. During the period, he has led or participated in many turnaround efforts as CEO, CRO, COO or CFO of a variety of companies. In addition to participating in various turnarounds as an interim manager, he has provided financial advisory services related to acquisitions, divestitures, equity placements and financial restructurings. He also worked with clients on strategic or sensitive projects such as executive separation and recruitment; litigation/arbitration/mediation of disputes and investigation of financial improprieties.

Specific engagements have included the following:

United Liquors Co — $400 million wholesaler of liquor, wine and beer beverages in three states. Served as advisor to CEO and owner through two major acquisitions, two re-financings and a consolidating/streamlining/re-structuring of the operations of the business.

Gitto - Global — $30 million plastics compounder, ravaged by historic and massive fraud. Served as CRO by taking the company into chapter 11, re-starting the business and facilitating a sale in (90) days to maximize value to the creditors.

Cybex Inc. — $150 million public manufacturer of health equipment. Served as an advisor to the CEO (and later an Argus representative went on Board of Directors) in the re-structuring, turn around and re-financing of this entity. The stock price appreciated 300% from the beginning of our tenure.

Buehler Food Products — A $400 million family run retail grocery chain in the Midwest with over (100) store locations. Served as financial advisor to the CEO/family in guiding the business into a chapter 11 filing, restructuring the operations, a successful exit with new financing, and maintaining existing family control.

Dynamic Research Corp. — $250 million public software and service provider for government defense agencies. Served as financial advisor to the CEO in the restructuring and refinancing of the company. The market value of the company increased ten fold from the beginning of our engagement to conclusion.

K2 — $150 million industrial cleaning and coatings business. Served as financial advisor and interim COO during the process to acquire the assets, out of a bankrupt roll-up of various businesses, and restructure the base business units to a profitable and thriving enterprise. Currently serving on the board of directors.

Midas — $500 million public manufacturer, retailer and franchisee in the automotive sector. Served as advisor to the note holders of the company and was instrumental in facilitating the re-structuring of the business and re-financing of the company.

Morgan Co — $200 million international manufacturer of rolling steel mills. Served as interim CFO during the restructuring and then as financial advisor over the past (15) years of association with the company.

Kurzweil Applied Intelligence — $25 million public leading edge technology company in voice recognition for computers. Served as interim CFO and COO that led to a successful sale to an international public company for a three times multiple of the existing value.

Education

Tom is a graduate of Suffolk University, having majored in Finance and Banking. He graduated Magna Cum Laude from the school of management.