Senior Consultant, CFO Services
Mr. Waller is an operationally focused CFO with a broad range of experience, particularly in the lower middle market leading finance and accounting teams through transition periods to the next level of maturity. He served as the CFO for three different private equity backed businesses, taking one through a very successful liquidity event. He also recently worked for a major international consulting firm, primarily providing M&A integration services. Other work experiences include turnaround work as an interim CEO, raising a search fund to identify and acquire a platform business, and serving as a Controller for a machine tool manufacturer in the UK. Mr. Waller holds an MBA from Harvard Business School and a B.S. in Accounting from Brigham Young University. He also speaks Korean.
EXPERIENCE
TMW Advisors – Principal (2020 – Present)
Houston, Texas, United States
KV Power, LLC – CFO (2019 – 2020)
Led the finance and accounting team of this former client, a PE-backed, $130 million electrical contractor, through a period of significant growth and change, including year-over-year revenue growth of 60%, a $5 million increase to its $30 million credit facility, and the implementation of a new ERP system. Implemented new processes and procedures for generating financial statements, 13-week cash flow forecast, and credit compliance reporting. Successfully led the Company through its first balance sheet audit.
Alvarez & Marsal – Director, CFO Services (2017 – 2019)
Provided financial and accounting consulting services to clients on behalf of this international firm renowned for its financial and operational expertise across multiple industries. Assisted future employer, KV Power, LLC, understand and remediate a 50% overstatement of inventory on its opening balance sheet, post-recapitalization by its PE partner. Led the finance and accounting work streams for a client’s $1.8 billion acquisition of a competitor in the midstream gas compression space, as well as for the merger of two PE-backed competitors in the market research and information services industry with combined revenues of $600 million.
TMW Advisors / Great Life Home Care – Founder (2015 – 2017)
Launched a part-time CFO practice targeting the lower middle market. Founded a start-up home healthcare agency to serve needs of the growing senior segment of the population.
The Signature Group – CFO (2014 – 2015)
Led the creation of financial and accounting systems/processes at this PE-backed consolidator of funeral homes and cemeteries in conjunction with its second major acquisition, which more than doubled sales and expanded the company’s footprint from one to four states. Managed the implementation of new POS software across six new locations in three states based on industry-specific GAAP and state-specific compliance standards. Managed all aspects of working capital, banking relationships, trusting of unearned cash receipts, state compliance reporting, and annual audit and tax preparation.
Tri-Star Protector Service Co. – CFO (2011 – 2014)
Led the implementation of new systems and processes during rapid growth of this PE-backed, $30 million oilfield and OCTG supplier. Collaborated with CEO, private equity owners and investment bank to market the business for a successful liquidity event, generating pre-tax IRR in excess of 135%. Oversaw diligence prep, including the successful completion of annual audits and QOE report. Installed new perpetual inventory system; re-organized storage of physical inventory, including the addition of over 60,000 square feet of storage space; and, updated cost accounting procedures and reports. Managed implementation of new CRM system for company’s service revenue stream.
EDUCATION
Harvard Business School (2004)
MBA, General Management
Brigham Young University (1996)
BS, Accounting
PRIOR PROFESSIONAL EXPERIENCE
HeadRoom Corp – CEO (2009 – 2011)
BackSaver Acquisition Corp – CEO (2006 – 2008)
Waller Capital Group – Managing Principal (2004 – 2006)
Winbro Group Technologies, Ltd. – Controller (2000 – 2002)
Arthur Andersen LLP – CPA, Audit Senior (1996 – 2000)
