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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.
 
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