21st Apr 2011
April 21, 2011
CFO Systems Expands Business Financing Operations
Mike Alvano returns to CFO Systems after a two-year absence to lead the financing division, CFO Capital. Alvano is a 40-year veteran of the financial industry and has helped close deals totaling over $100 million. He has a broad range of experience in investment banking, corporate finance, and mergers and acquisitions. Alvano is an experienced executive and entrepreneur who brings strong negotiating skills and a proactive leadership style to the CFO Capital team.
“We have had an exciting year that’s seen a lot of growth in our business. We are expanding our business financing operations to bring that same growth to our clients. We are thrilled to have Mike back to lead CFO Capital and help our clients take advantage of the current capital environment” says Brett Frevert, Managing Director.
Alvano started his career as a CPA working for several firms including KPMG. He went on to take leadership roles at the Milton G. Waldbaum Company and GWR Investments, Inc. before founding his own consulting firm, Alvano Capital, in 1999. Success as a consultant led him to be named as the interim CEO at the Reikes Distributing Company, a glass wholesaler. As CEO he built a new sales team and restructured the company’s credit and banking relationships.
Alvano first joined CFO Systems in 2007 providing strategic planning leadership as an interim and time-share CFO for companies in a variety of industries. He developed criteria for analyzing the productivity of a company as well of specific products. Alvano then went on to serve as CFO for Perigon Networks, a web hosting company, where he oversaw the company’s first $1 million acquisition.
CFO Systems, LLC provides financial leadership to companies throughout the Midwest. We serve our clients as interim and timeshare CFOs and Controllers, providing practical, experienced financial leadership – when you need it. CFO Capital is the business financing division of CFO Systems, LLC.