ACG NY Operating Partner Roundtable Series

Event Details

When:

May 11, 2022 5 PM - 6:30 PM EDT

Where:

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Virtual | Log In Details Provided Upon Registration

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Overview

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ACG NY Operating Partner Roundtable

The ACG NY Operating Partner Series of events and programs is strictly an Operating Partner peer-to-peer series of think tank meetings for ACG NY members and invited guests. Participants can share and discuss best practices while developing relationships in a convenient, enjoyable setting. The ongoing series in 2021 will be open to seasoned & emerging Private Equity Operating Partners and key service providers integral to M&A portco valuation.

Amongst other topics, the interactive series will aim to cover:

How operating teams work best with investment teams. Pre and post deals. Has this changed?
The ongoing assessment of risks and actions portfolio companies have taken in response to the extended coronavirus crisis. How long will it continue?
Key operational areas such as: Digitalization, Human capital, Salesforce effectiveness, Supply chain & procurement, Finance, Data analytics, Digital marketing & e-commerce, Cost improvement etc.
How to drive value creation initiatives in the aftermath of the downturn - what will the environment be like post COVID?
How PE, strategic and other investor backed CEO’s and management teams are looking at turnarounds, distressed situations and driving transformations within.

May 11th, 2022

Driving Value Capture Through Harmonization

Whether deal flow in 2022 continues at last year’s pace or not, the push for value capture will continue to be paramount for Operating Partners. Harmonization is one of the most powerful drivers of value capture – either during or after the transition. This moderated panel session will feature executives who will discuss how they leveraged harmonization to simplify, streamline, reduce costs and deliver value to their bottom lines while enabling the Portcos to maintain their individual autonomies.

Speakers

Michael Gehrke

Otsuka America, Inc. (OAI)

Vice President, Internal Audit & Administration

Michael Gehrke is the Vice President, Internal Audit & Administration for OAI – a holding company of more than a dozen operating subsidiaries in North America and Europe. In addition to Internal Audit, his Administration responsibilities include information technology, regional benefits, corporate legal and facilities. Mike believes value can be captured by leveraging the collective scale of the OAI group through harmonization of supporting and general functions. Mike established a program across the Finance, Procurement, HR and IT functions that have identified harmonization activities achieving over $60M in savings.

Lucas Bailey

Wellspring Capital Management LLC

Operating Partner

Lucas Bailey joined Wellspring in 2021 as an Operating Partner. Lucas is a member of the firm’s Investment and ESG Oversight Committees.

Lucas previously spent seven years with Mafco Worldwide LLC, where he served as the President and Chief Operating Officer. Prior to this role, Lucas served as the Chief Financial Officer. Before joining Mafco Worldwide, Lucas was a Vice President at MacAndrews & Forbes Inc.

Lucas was previously an investment professional with Vestar Capital Partners and worked in the Investment Banking division of Bear, Stearns & Co. Inc. Lucas also served in the U.S. Marine Corps as an Officer in the 3rd Reconnaissance Battalion.

Lucas graduated cum laude from Bucknell University with a Bachelor of Arts in Economics.

David Neikrug (Moderator)

Optimatum Solutions, LLC.

CEO

David Neikrug serves as Chief Executive Officer of Optimatum. He has over 30 years of experience in the employee benefits and human capital sectors currently focusing on HR Vendor Management and harmonization along the HR Workstream. David works with private equity, holding companies and family offices in the middle market to identify, quantify, and implement HR vendor harmonization opportunities, delivering bottom line savings, operational efficiency, and EBITDA expansion.

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CHECK OUT THE FULL SERIES & DATES

October 28, 2021 January 27, 2022 MAY 11, 2022 June 8, 2022

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Hosted by: ACG

Chapter

New York