Team

David Nemes

David Nemes has more than 18 years of experience in entrepreneurship, consulting, financial analysis, accounting and problem solving within a broad array of industries. David earned B.S. degrees in Accounting and Finance from Miami University, and is a Certified Public Accountant (non-practicing). In his role at the Business Company, LLC, he has combined his specialty in entrepreneurship, sale transactions and business turnaround to help advise clients through growth and also difficult situations In addition to private sector work, David has been an advisor to the FDIC on resolving failed banks and managing liabilities associated with those failures for the past 12 years.

Select Career Highlights

• Founded and operated two ecommerce companies

• Completed the turnaround of a $60mm furniture manufacturer

• Uncovered the misappropriation of $60mm from a family office and assisted law enforcement in the prosecution

• Subject matter expert for the FDIC on estimating remaining liabilities from the last banking crisis.

• Lead the liquidation of a $25mm manufacturing company, including obtaining accommodation agreements from the automotive OEMs

• Managed a supplier resourcing for an automotive OEM

• Restructured and refinanced a $30mm metal fabrication business

• Ran an accelerated process (1 month) that successfully sold a distressed $10mm medical device manufacturer

• Developed a restructuring plan for a $150mm subsidiary of plastic injection molder

Affiliations

• President (2021) -Turnaround Management Association, West Michigan Chapter (Previously Vice President &Treasurer)

• Managing Member - Tolman's Wholesale Meats

• Finance Committee - St. Paul the Apostle Catholic School

• Development Committee - Grand Rapids Ballet

• Event Committee - Family Business Alliance