David has recently joined vfdnet in 2016 and is a qualified Chartered Management Accountant with over 30 years of commercial experience. David has experience of the high demands of AIM Listed businesses and also private equity backed high growth businesses.
David was UK FD of an £60m turnover AIM listed Electronic Point of Sale business (EPoS), where he managed the integration of two separate large businesses following a stock market acquisition. With this AIM listed company, David was responsible for development of reporting (10 business units) to meet the scrutiny of AIM, banks, brokers and a demanding strategic investor. David was also heavily involved in significant business restructuring including carrying out strategic reviews of two European subsidiaries, leading to one loss making business being closed and the other repositioned and sold to a management buy out (MBO).
David was a key driver of a Management Buy In (MBI) of a software business operating in the UK. David was responsible for all aspects of fund raising, bank relationship and acted as commercial director alongside his finance role. Leading the transformation from a UK business to a Global company with 10 fold growth over 14 years, while expanding it’s geographical market to the USA ($8m revenues), Europe, Middle East and Australia. The business dealt with large often listed businesses with deal sizes of up to $2m / £1.5m. David managed the business sale process from end to end with a specialist M & A house.