Barry A. Baker, ASA
1022 Anderson Street
Durham, NC 27705
Phone: (877) 814-4115
Cell: (919) 699-2929
PROFESSIONAL EXPERIENCE
2010 – Current
CapVal-American Business Appraisers, LLC. CapVal furnishes services in the fields of business appraisal, appraisal of intangible and other assets, merger and acquisition consulting, strategic planning and family succession. CapVal also provides services involving debt restructuring, business insolvency, and bankruptcy.
2003 – Current
The Cobble Hill Group LLC, Durham, NC. Cobble Hill provides business development and Chief Financial Officer (CFO) services. President and Founder.
Provide research-driven, outsourced business development services to private equity investment groups and their portfolio companies. Cobble Hill’s clients acquire companies with annual sales between $10 million and $125 million located throughout the U.S. Cobble Hill helps its clients identify attractive industries and companies in which to invest, conducts direct marketing campaigns to contact company owners on their behalf, and screens interested companies to determine fit with financial performance, valuation and other criteria. Cobble Hill also co-invests in companies acquired by its clients.
Provided CFO services to 4 Kids Co. Mfg. Ltd., a company based in Guangzhou, China that designs, manufactures and distributes home décor and arts & crafts products that are sold in major retail chains throughout the U.S.
1997 – 2002
American Home Centers Corporation, Raleigh, NC and The Cobble Hill Group, New York, NY.
Cobble Hill was an investment group that pursued consolidation opportunities in fragmented industries. American Home Centers Corporation was formed by Cobble Hill to acquire manufactured housing retailers.
1999-2002. President and Director
1997-1999. Executive Vice President, Business Development and Director
Co-founded
a retailer of manufactured homes that operated twenty sales centers in the
Midwestern U.S. with combined sales of approximately $75 million. Responsible
for the valuation, due diligence, negotiation and documentation of seven
acquisitions. Initiated and maintained dialogues with more than 60 other
acquisition candidates and completed valuations and preliminary due diligence
for the majority of them. Overall responsibility for most financial functions
including financial reporting, budgeting, cash management, real estate, insurance,
and investor and lender relations. Also served as Executive Vice President
of American Home Centers Finance Corporation, a subsidiary of AHC, which
specialized in providing mortgage services to buyers of manufactured and
modular homes.
1992 – 1996
Prime Charter Ltd., New York, NY
Senior Vice President, Corporate Finance
Co-founded corporate finance department at 125-person brokerage firm. Implemented strategy focused on serving emerging growth and middle market companies primarily in the biotechnology, healthcare service, environmental, information technology and consumer product and service industries. Actively engaged in new business marketing efforts and evaluation of potential clients. Responsible for development and execution of private equity placements, initial public offerings, and merger and acquisition transactions.
1984 – 1992
Dillon,
Read & Co.
Inc., New York, NY
1992. Vice President, Corporate Finance, New York, NY and London,
England
1991. Responsible for development and execution of cross-border mergers and acquisitions. Coordinated European marketing efforts for selected divestitures of U.S. companies. Designed joint venture structure for potential merger of the European environmental service operations of a U.S. company and a U.K. conglomerate. Executed divestiture of restaurant chain for Swedish conglomerate.
1989-1990.
Vice President, Tokyo, Japan
Founding member of Dillon Read's representative office and the only non-Japanese professional based in Tokyo.
Identified potential Japanese strategic partners for various U.S. companies and assisted in the development and execution of transactions involving technology, entertainment and asset management companies. Marketed several private placements and limited partnerships to Japanese financial institutions and trading companies. Represented major Japanese retailer in the recapitalization of a worldwide apparel and home furnishings company.
1986-1989. Associate, Corporate Finance, New York, NY
1984-1986. Financial Analyst, Mergers and Acquisitions, New York, NY
Evaluated
potential leveraged buyouts and assisted in structuring and financing transactions
in the broadcasting and publishing industries on behalf of fund managed by
Dillon Read. Responsible for marketing and negotiating the divestitures of
a retailing company and a steel company. Raised equity funds for limited
partnership in the cable television industry. Provided execution support
for merger and acquisition transactions and fairness opinions in diverse
industries including food, consumer products, financial institutions and
chemicals. Provided marketing and analytical support for public offerings
and private placements of debt and equity.
LICENSES, CERTIFICATIONS, AND PROFESSIONAL ASSOCIATIONS
Member, American Society of Appraisers; Accredited Senior Appraiser (ASA).
Member, CFA Institute; candidate for the Chartered Financial Analyst (CFA) designation.
NASD (FINRA) Series 7 and Series 63 (inactive).
EDUCATION
B. S.
Economics, Cum Laude, The Wharton School, University of Pennsylvania, 1984