Financial Strategic Advisor
Tim S. Ledwick
Tim Ledwick assumed the duties of Financial Strategic Advisor of Transition Works, LLC in October 2010.
Prior to joining the Firm, from 2007 through 2009 Mr. Ledwick provided CFO consulting services to firms
including Advantage Human Resources, a $150 million staffing firm and was a special advisor to The
Dellacorte Group, a middle-market advisory firm specializing in transactions in the Health & Wellness
sector as well as in the Financial Services sector. Prior to that, from 2001 to 2006 he was CFO and a
member of the Board of Directors of Dictaphone Corporation, a $260 million international provider of
software solutions to the healthcare and call center markets. At Dictaphone, he was the financial lead
in taking the company through its bankruptcy reorganization culminating in the sale of the firm in 2006
for a 7X return to its shareholders. In 2001 he was recruited by the Creditors Committee to be the CFO
for Lernout & Hauspie Speech Products (parent of Dictaphone) to be the financial lead in its bankruptcy
reorganization. From 1999 to 2001 Mr. Ledwick was CFO of Cross Media Marketing Corp., a publicly traded
direct marketing company. From 1994 to 1999, he was CFO of Cityscape Corp. a publicly traded mortgage
banking company with operations in the US and UK. He has also held financial positions in River Bank
America, GTE Corporation and Peat Marwick Mitchell & Co.
Mr. Ledwick graduated from The George Washington University with a BBA in Accounting and has a Masters
Degree in Finance from Fairfield University. He is a CPA and is a member of the Connecticut Society of Certified Pubic Accountants.