Trevor Simpson Promoted to Director, Private Capital
We’re pleased to announce that Trevor Simpson has been promoted to Director, Private Capital from Associate Director, Private Capital. As CEO, Ilan Jacobson, puts it, “Trevor has built out our Direct Lending team to become a well-positioned, thoughtfully structured operation, and an important part of FirePower’s business model. Our clients appreciate Trevor’s combination of lending experience and emphasis on trust and credibility. As well, under Trevor’s leadership, we’ve seen team members become empowered and motivated to take initiative and get things done.”
Our client, a software distributor, sought to optimize the pricing of its products and the incentives of its salesforce . Within the 3-month duration of the VMX exercise, EBITDA run-rate increased by 15%, with visibility into more increases down the road.