Michael A. Pechette, Partner, President & CEO
Pechette has twenty years of financial advisory and executive operating
experience involving a wide variety of industries. Since founding FCC, he has
been responsible for providing interim management services to client and
portfolio companies, including serving as in-house legal counsel responsible
for licensing and contracting for an early-stage Internet security software
developer. Initially, Mr. Pechette served as interim CFO creating the
infrastructure for building the management team and preparing the Company’s
business plan for the first professional venture financing. Mr. Pechette also
served as financial officer of a $35 Million sales specialty retail store
chain responsible for stabilizing operations in preparation for its sale.
to establishing FCC, he was responsible for the day-to-day legal and financial
affairs of Spurgeon Holding Corp., a $50 Million sales retail apparel chain
which he acquired with management out of a bankruptcy reorganization. His
duties included developing a downsizing and cost reduction plan,
reestablishing trade and banking relationships and managing outside counsel.
to the acquisition of Spurgeon, Mr. Pechette was a Vice President with
Mansur Capital Corp., a private leveraged buyout firm, where he was
responsible for soliciting and reviewing acquisition candidates and overseeing
portfolio companies. Among his accomplishments, he performed the due
diligence, negotiation and acquisition of a $70 Million sales retail company
and served as strategic advisor to the Boards of Directors of a $25 Million
sales consumer product manufacturer and the retail company. Mr. Pechette was
also a member of The Northern Trust Corporate Finance Department responsible
for its merger and acquisition activity. While at Northern, he advised clients
on the purchase and sale of middle market companies, as well as valuations and
financings. His clients included industrial and consumer product manufacturers
and distributors. He began his career with Arthur Andersen & Co.’s tax
department where he specialized in the tax aspects of corporate mergers and
Pechette received his B.S. degree in Accounting and a J.D. degree from Indiana
University. He is a member of the Illinois and Indiana Bars and is a Certified
Public Accountant. He is also a member of the Association for Corporate
Growth, the Chicago Bar Association, the National Center for Employee
Ownership and the Steering Committee of the Chicago Chapter of the National
Eagle Scout Association.
Ronald P. Causey, Partner
Mr. Causey has thirty years of experience sourcing and negotiating
transactions, primarily in the commercial real estate industry. He has been a
general partner in numerous multi family real estate projects and is the
exclusive manufacturer’s representative for the state of Florida for the
Lubricants Division of The Phillips 66 Company serving the aviation market.
Prior to joining Founders Capital,
Mr. Causey was Director of Marketing for PromoDisc, a publisher of custom
interactive software used as a premium item by Fortune 500 companies. Prior to
PromoDisc, he was active in the real estate industry, through his own firm and
others, providing development, brokerage and consultant services to national and
regional retail chains and private investors acquiring shopping centers. Mr.
Causey formed Retail Properties Corporation in 1984 to provide these services
upon relocating from Indiana to Florida.
Site selection services to retail and restaurant chains included identifying and
targeting trade areas for store development and market penetration. Those
activities included property research and valuation, property acquisition
negotiations, build-to-suit lease negotiations and the coordination of
architectural, engineering and legal affairs. His ability to identify successful
retail sites and obtain the necessary building and zoning permits led to long
term client relationships.
Private investors were represented by Mr. Causey in the confidential search for
shopping centers to acquire. Responsibilities included valuation and advisement,
acquisition negotiations and contract negotiations in the case of a disposition.
Value was added to centers through his successful tenant leasing which was
accomplished by configuring the proper tenant mix of promotional retailers.
Mr. Causey is currently a
general partner in four apartment projects totaling 285 units. All four
properties are housing for the elderly and are located in middle market towns in
Indiana. The general partners have been responsible for the development,
financing, construction, syndication and continued management.
Mr. Causey received his B.S.
degree in Industrial Management with an Economics Major from Purdue University.