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Jim leads Mackinac Partners’ private equity activities and has played a key role in numerous client engagements. Additionally, Jim leads the firm’s real estate practice which includes advisory engagements with national and regional homebuilders, sub prime mortgage lenders, timeshare operators and housing-related manufacturers.
Jim served as the interim President and Chief Executive Officer of one of the world’s largest vacation ownership companies. He guided this $400 million publicly traded company through an out-of-court restructuring and a tender offer for all of the Company’s outstanding shares, valued at $750 million. Jim led the firm’s financing advisory engagement for a Denver-based manufactured park owner and operator, serving as the primary advisor to the Company in a recapitalization that included an IPO and the arrangement of over $1 billion in new debt financing. Jim also served as interim President of the financial services subsidiary of an Orlando-based publicly held timeshare resort owner and finance company, and sourced and participated in the arrangement of $160 million in debtor-in-possession financing and $300 million in exit financing.
Prior to founding Mackinac Partners, Jim held executive level positions in several prominent capital restructurings including a private holding company (Detroit Tigers’ stadium financing and Little Caesars Pizza Corporation) and National Mortgage Corporation. Jim was formerly a senior officer at Pulte Corporation, where he oversaw the company’s financing segment and the restructuring of its international homebuilding ventures. As Chief Financial Officer and a member of the board of directors of First Heights Bank, Jim played a key role in acquiring from the FSLC and consolidating five failed Texas thrifts with 50 branches and over $2.5 billion in troubled assets.
Jim previously served on the board of directors of Sunterra Corporation (SNRR), Hamilton Pacific, Inc. and PTC Alliance. Jim is a cum laude graduate of the University of South Florida and earned an MBA from the University of Texas at Austin.