July, 2010 - Secures Financing for Two Clients     Read More

Keith McAslan (Denver Business Journal 2010 CFO of the Year Nominee) has secured favorable financing for two clients in this difficult lending environment.  Using a professional bank package, preferred lending sources and personally representing the Client’s with the lenders, McAslan Consulting was able to secure the financing.  

These successful Client’s include:

A manufacturing client was not only able to renew their $500,000 line of credit with the lender but secured an increase to $700,000.  This client secured the initial line of credit one year ago with the assistance of McAslan Consulting to fund growth and expansion initiatives.  By working with Keith McAslan as the Trusted Advisor to the CEO on an on going basis this client has increased revenues from $2.5M annually to over $3.5M and improved profitability and cash flow.

A virtual business (internet based and executive coaching) Client of McAslan Consulting was able to close on an unsecured line of credit with a lender to fund new product development and provide liquidity due to seasonality in the business.  Additionally, Keith McAslan has been the part time CFO for this Client for over one year, helping to drive strategy and improved financial results.

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March, 2010 - Saved Client $1.2 million     Read More
February, 2010 - Nominated for the Denver Business Journal CFO of the Year     Read More
January, 2010 - Guided Sale of Manufacturing Business in 60 Days     Read More

McAslan Consulting, was instrumental in the successful sale of Western Forge to Ideal Industries. As the interim CFO,  having both CFO and private investment transaction experience, guided the management team through the sale and due diligence process completing the sale from prospective buyer presentation  to close within 60 days. 

Ideal Industries Inc. agreed to buy the Colorado Springs-based Western Forge from MW Universal Inc. just two years after MW paid $40 million for the hand tool manufacturer.  Sycamore, Ill.-based Ideal was founded in 1916 and has grown into an international manufacturer and distributor of connectors, testing equipment, tools and supplies mostly for the electrical, communications and data transmission industries. The privately held company employs 1,200 worldwide.  Western Forge makes screwdrivers, pliers, punches and other hand tools for a variety of major retailers including Sears and Home Depot.  The company was founded in 1965 in Defiance, Ohio, and moved a year later to Colorado Springs.

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Advisory Services:

McAslan Consulting is a firm specializing in being the “trusted advisor” to Owners/CEO’s, utilizing extensive experience as a successful financial and operational C-level executives to bring a results driven leadership style to complex situations.

Advisory services is structured primarily for Owners and CEO’s to:
  • Think and act more like an entrepreneur
  • Think strategically
  • Plan for the long term
  • Prepare an exit strategy
  • Provide an external challenge to the decision making process
  • Ensure all perspectives are considered in the decision making process
  • Execute decisions – most businesses in crisis have the common problem of either notmaking decision on a timely basis or making the wrong decisions.
  • Develop and implement an operational plan

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Advisory Services
Financial Advisory
Business Plan and Executive Summaries
Debt and Equity Financing
M & A Advisory
Interim Management
Performance Improvements
Turnaround Management
Healthcare Advisory
 

McAslan Consulting is an advisory services firm specializing in being the trusted advisor to Owners and CEOs. By utilizing extensive experience as a successful financial and operational C-level executive, McAslan brings a results driven leadership style to complex situations.  

Three reasons to schedule an immediate two hour planning session with McAslan Consulting:  

1. Proven expert as a CFO and CEO of Fortune 500 companies Having experience as a CFO and CEO in public, private, and private equity owned businesses, McAslan brings a fresh perspective grounded in finance but broadened by the operational profit responsibility of a CEO.   McAslan’s experience also includes private equity/investment banking for Republic Financial Corporation, where he was Managing Director for Strategic Assets responsible for the acquisition, divestiture, and the financial/operational turnaround of distressed portfolio companies.

2. McAslan’s mantra of “If you are not selling, you are just overhead” This has been adopted by many of McAslan’s clients to remind the Owner/CEO to remain true to their entrepreneurial roots, establishing goals and objectives for their team, and utilizing a part time CFO as a business partner to drive success.  

3.  Successful clients

"I highly recommend the services of Keith McAslan. Keith has done extraordinary work for us. In an economy where banks aren’t lending money, Keith found us capital. That alone speaks for itself. He has literally helped save our business. In addition to finding capital, I highly recommend Keith to consult on the internal financial and operational procedures of any business. His background is diverse and you won’t find a better business consultant."  Dan Bendever - CEO/Owner - Blake’s Remanufacturing Services.

"Keith joined me as CFO for a distressed hand tools business in desperate need of financial leadership. Keith's experience leading turn-arounds within private equity organizations allowed him to make an immediate impact. Our challenge was to quickly position the company for sale. Keith was instrumental in dissecting the financial drivers of the business and identifying improvement areas that deliver quick returns. Because of Keith’s effort and expertise we were successful in securing a strategic buyer in record time at an attractive price.

Keith is as comfortable leading teams as he is digging into the details himself. He is a very approachable, hand-on leader that is able to quickly assess situations and activate corrective action plans. This deal could not have been done in the compressed timeframe without his leadership."  Mark A. Gold - President & CEO - Western Forge


McAslan Consulting is a Denver based management consulting firm specializing in financial advisory; management consulting; part time, interim, and virtual CFO, COO, and CEO; debt and equity financing; turnaround management; operational performance improvements; acquisition; and divestiture advisory.  Please contact us at 303-520-2493, or keith@mcaslanconsulting.com.

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