Jimmy Hajek, CPA (Inactive), CTP is a Director at MorrisAnderson and Senior Executive with 30+ years of experience providing operational reorganization, financial restructuring, and bankruptcy advisory services for diverse parties, including debtors, creditors, investors, and unsecured creditor constituents in several industries. The TMA Minnesota chapter recognized Jimmy and his colleagues with awards for the 2007 Turnaround of the Year (Minnesota Elevator, Inc.) and 2009 Transaction of the Year (Lyman Lumber, Inc.).
SERVICES
Jimmy has a successful track record:
- Operating privately held companies
- Managing the financial reporting and analysis of publicly and privately held companies
- Developing and executing reorganization, liquidation, and strategic business plans
- Leading the analysis and negotiation of new business opportunities, including mergers and acquisitions, credit line and debt refinancing, and strategic partnerships
- Negotiating creditor workout plans
Jimmy has worked with and invested alongside private equity firms, worked for turnaround consulting firms, and engaged in entrepreneurial ventures, which include personal investments in the oil & gas, plating, real estate, hospitality, and transportation industries.
INDUSTRIES
Jimmy has experience in many industries, including automotive and heavy truck supply chain, residential construction supply, oil & gas tank construction, plating, airport concession, furniture, agriculture and food processing, hospitality, manufacturing and several other industries,
REPRESENTATIVE WORK EXPERIENCE
- CEO and CFO of a plating company in the Tier II automotive & heavy truck industries, as well as consumer products industry. Oversaw the stabilization of operations, acquisition of its main competitor including property remediation of its former plant and refinancing of its entire debt structure.
- CFO of oil & gas tank construction company, overseeing all financial aspects of the Company including development of pricing model.
- Financial Advisor to a provider of customized delivery solutions, providing PE firm and its management team an assessment of the business and strategic alternatives.
- Transaction Advisor to manufacturer of metal roofing and wall systems which included the corporate divestiture of this subsidiary from its parent company.
- Interim CFO and Financial Advisor to a weight loss and nutritional company. Provided assessment and initial plan of reorganization outside of formal court proceedings.
- Financial Advisor to plastic injection molding operation. Developed and executed comprehensive plan to stabilize the Company’s cash burn while advising the Company through an Article 9 foreclosure and eventual sale to a financial buyer.
- Financial and Transaction Advisor to case furniture and equipment manufacturer to the Hospitality Industry. Advised management through the wind-down of its operation. Monetized assets to successfully pay off the first secured lender.