Principals

Michael A. Pechette, Partner, President & CEO

Mr. 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.

 Prior 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. 

Prior 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 acquisitions. 

Mr. 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.