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

Testimonial

"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


"I have utilized Keith's experience on behalf of many of my clients.  His work on business plans and creating financial documents is outstanding.  Keith's ability to take mundane numbers and put them in a format that is easily understood by the reader is superb.  I would highly recommend any business owner take advantage of his knowledge. "

Darrell Hornbacher - CEO - Midas Financial Company


"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 McAslan has been a pleasure to work with, and I would highly endorse him as a business and financial management consultant.  Keith has performed a vital role for several of my clients, on everything from accounting and finance, to financial and operational restructuring, equity financing, financial analysis of a clients merger and acquisition, and turn around analysis/management.  Keith has proven to be a tremendous asset to SYNERGISTIC, and even more to my clients, as I have personally received exceptional accolades for his work and his professionalism.”

David Solano - Managing Director - Synergistic Professional Search


“I worked with Keith in securing a consulting engagement as the CFO for a distressed manufacturing client. Having a solid understanding of Keith’s skills and strengths, I felt he was the most qualified person for this role. He was brought in to partner with the CEO on restructuring and turnaround efforts. As the Senior Financial advisor, Keith stepped in and made an immediate impact on a company otherwise failing. Through Keith’s thorough evaluations, sound recommendations and well prepared presentations - the private equity groups involved were able to garner strong interest from a strategic buyer and sell the manufacturing company at a 31% increase above prior offers. The CEO tells me Keith’s performance was critical to the success of this accomplishment and he performed exceedingly well. Not only does Keith have impressive business acumen, he is also known to be a great mentor and business partner to those he works with. It is with confidence that I recommend Keith to any company seeking a proven financial leader where results matter.”

Kelly Hawker - Executive Recruiter - Allen Resources

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