Case studies
Fund Pitch- Pitch Books
- Market Research
- Fund Formation
Bank Negotiation- Debt Restructuring
LBO Model- Financial Modeling
- Mergers & Acquisitions (M&A)
- Leveraged Buyout (LBO)
- Leveraged Buyout Modeling
- Leveraged Finance
Patrick Boyce, CFA, CPA
Finance Expert in Kailua, HI, United States
Member since September 28, 2017
Over his 25-year career, Patrick has advised over 100 companies while employed by high-yield juggernauts DLJ Los Angeles, Salomon, and Highland Capital. He holds a Chicago Booth MBA, CPA, and is a CFA Charterholder. He helps firms raise capital, restructure finance teams, negotiate effectively with financial counterparties, and increase their profitability. As a freelancer, Patrick enjoys working with a variety of firms and stakeholders.
Patrick is now available for hire
Career Highlights
- True North America, Inc.
- Le Jardin Academy
- Highland Capital Management
Education
- University of Chicago
Select Certifications
- CFA Institute
- AICPA
Industry Expertise
- Accounting Services
- Finance
- Venture Capital & Private Equity
- Healthcare Services
- Non-Profit & Charitable Organizations
- Retail
- Financial Modeling
- Industrials
Employment
Chief Operating Officer
2018 - 2020True North America, Inc.- Led global operations for custom software professional services firm including finance, accounting, human resources, legal, and engineer utilization.
- Developed pitch deck, identified potential investors, and negotiated all documentation for successful Series Seed financing.
- Implemented new project and resources tracking cloud-based software system that resulted in a 50% reduction in unbilled hours.
- Created annual three-statement financial models for budgeting and operations.
- Established real-time financial and operating dashboards based on company-wide OKRs.
Focus areas: Capital Raising, Financial Modeling, Strategy Planning, Zero-based Budgeting, Financial Planning & Analysis (FP&A)Chief Financial Officer
2015 - 2018Le Jardin Academy- Led financial operations and strategic development for $19 million Pre-K–12th grade independent school.
- Executed $15 million debt restructuring, resulting in new credit facility with 3.625% weighted average rate and six-year term.
- Recruited consultants from McKinsey & Company to conduct pro bono strategic review and develop six-year strategic plan, which we completed in March 2017.
- Sourced and negotiated affiliation agreement with internationally-focused, Hawaii-based university, allowing the school to expand its international recruiting, the first of its kind in Hawaii.
- Reduced annual operating costs across multiple divisions by over 30% by analyzing contract costs and vendor recruitment.
Focus areas: Capital Structuring, Financial Planning & Analysis (FP&A), Strategy, Financial Modeling, Zero-based Budgeting, BudgetingPartner, Chief Financial Officer and Head of Private Equity
2004 - 2014Highland Capital Management- Evaluated and executed numerous strategic business line acquisitions and divestitures, including the sale of Highland’s European CLO business to Carlyle Group in 2012.
- Negotiated diplomatically and successfully with “hostile” bank group during 2008 / 2009 credit crisis, resulting in a highly favorable outcome for Highland.
- Restructured finance team to streamline span of control due to transition to Head of Private Equity.
- Implemented highly successful “playbook” approach to process documentation in order to improve operating efficiency across the firm.
- Promoted to Partner as first non-investment professional in firm's history.
Focus areas: Capital Raising, Private Equity, Portfolio Analysis, Financial Restructuring, Bank Debt Raises, Strategy, Mergers & Acquisitions (M&A), Finance Process Improvement, Financial Modeling, Financial Planning & Analysis (FP&A)Vice President
2000 - 2004Citigroup/Salomon Smith Barney- Completed representative transactions, including sole-managed high-yield offerings and exclusive sell-side engagements.
- Raised equity and debt capital for category-leading firms such as Gamestop (IPO), Brinker International Restaurants (convertible debt), and Rent-Way (high yield offering).
- Advised board special committees on sell-side transactions involving companies such as Kinko's, Dean Foods, and Travelocity.
Focus areas: Mergers & Acquisitions (M&A), BondsAssociate
1998 - 2000Donaldson, Lufkin & Jenrette- Worked in the Los Angeles office and focused on developing capital structure alternatives using detailed financial models; calculated and analyzed liquidity and leverage and coverage ratios; valued companies using DCF, IRR, and comparable company analysis; and modeled and set financial covenants.
- Executed in excess of ten transactions including IPOs, high-yield offerings, and M&As for financial sponsor clients across a wide variety of industries.
- Served on projects with clients such as Bell Sports, Hollywood Video, Intertainer (video on demand), Crown Media (Hallmark Channel), Taco Cabana, and multiple private equity firms including TPG, Brentwood Associates, and Ares Capital.
Focus areas: Leveraged Buyout Modeling, Comparable Company Analysis, Discounted Cash Flow (DCF), Pitch Decks, Financial Model Auditing, Financial Modeling, Mergers & Acquisitions (M&A), Bonds
Education
- Master of Business Administration (MBA) Degree in Finance and Accounting1995 - 1997University of Chicago - Chicago, IL
- Bachelor's Degree in Finance1989 - 1993Baylor University - Waco, TX
Certifications
- Negotiations: Advanced Master ClassJANUARY 2018 - PRESENTHarvard Law School Program on Negotiation Executive Education
- Chartered Financial Analyst (CFA)JANUARY 2003 - PRESENTCFA Institute
- Certified Public Accountant (CPA)JANUARY 1998 - PRESENTAICPA
