Gary D. Herwitz
Gary founded CoMetrics and is the firm’s Managing Partner. He commenced his career 30 years ago with an accounting and professional services firm which today is one of the ten largest in the United States. Gary served as the firm’s president from 1997 to 2005. Gary specializes in providing strategic consulting services to middle market companies, principally in the consumer product sector. He has been significantly involved in partnering with ownership to formulate growth strategies as well as business processes engineering to maximize efficiencies.
In 2007, Gary began spending approximately 25% of his time in China implementing certain supply chain strategies and processes on behalf of clients. The supply chain consulting services culminated with the development of the CoMetrics proprietary supply chain technology and joint venture with a leading international logistics and cargo management provider.
CoMetrics has assisted clients with a significant number of transactions leading the diligence, negotiation and integration. Projects ranged in part from small divisional “tuck ins,” to China’s third largest timepiece retailer. Gary acted as the lead financial consultant to the first predominately US-based Company to file a registration statement on the Hang Seng stock exchange.
Gary graduated Beta Alpha Psi from Syracuse University where he served on the School of Managements Accounting Advisory Board. He was the former chairman of the ORT finance chapter and served on the board of the finance chapter of Big Brother/ Big Sister. Mr. Herwitz is a member of the International Who’s Who” of professionals.
Jordan commenced his career in 2001 after completing JPMorgan Chase’s world class Credit Training Program. As a Credit Analyst, Jordan spent approximately three years analyzing and underwriting credit for JPMorgan Chase’s middle market clients across a variety of industries within the greater New England Region.
In 2004, Jordan joined JPMorgan Chase’s Syndicated and Leveraged Finance group primarily covering global, large-cap investment grade companies within the Consumer Products, Retail, Real Estate, and Transportation industries. Jordan supported deal teams responsible for syndicating over $100 billion of committed general corporate and acquisition related financing. Notable transactions include financings for Brandywine Realty Trust’s $2.7 billion acquisition of Prentiss Properties Trust; Johnson Controls’ $3.2 billion acquisition of York International; and a $12 billion bridge loan to BellSouth Corporation in connection with its proportionate share of the purchase of AT&T Wireless, the largest bridge loan of 2004.
Jordan joined HSBC’s Leveraged and Acquisition Finance group in 2006. His responsibilities included the structuring and negotiation of credit documentation, due diligence, credit analysis and drafting of offering materials in connection with underwritten financing commitments. Jordan worked closely with a myriad of Private Equity clients including KKR, CD&R, Morgan Stanley Private Equity and Maquarie Infrastructure Partners. Notable transactions include $1.2 billion of acquisition financing for Precision Drilling Corporation’s purchase of Grey Wolf, Inc.; $505 million LBO/MBO financing in support of the go-private of Waste Industries USA, Inc. by Macquarie, Goldman Sachs Direct and key members of company management; and $265 million of LBO financing in connection with Morgan Stanley Private Equity’s purchase of Tops Markets LLC from Ahold.
Jordan graduated from The George Washington University’s School of Business and Public Management.
Walter A. Jones
Managing Director, Profit Maximization and Turnaround Division
Walter has more than 25 years of hands-on experience as a turnaround advisor, crisis manager and interim line manager. His experience emphasizes profitability improvement through overhead reduction, supply chain optimization, divisional product line and customer profitability maximization and working capital efficiency. He has applied these restructuring and turnaround skills to deliver dramatic improvements in cash flow, profitability and returns on capital employed in the manufacturing, wholesale, retail, apparel, consumer products and service industries.
As a CEO, COO and CFO for several public and private middle market companies, Walter has guided his clients through complex turnarounds and restructurings. In these roles he has had considerable success in conflict management and resolution among competing stakeholders. He has also developed substantial international expertise in troubled situations dealing with foreign subsidiaries, agents, licensees, joint ventures, customers and vendors.
Previously Mr. Jones served as a Principal in the turnaround practice of two regional accounting firms, Co-President of a crisis management and restructuring boutique organization, Vice President of Finance of a merchant banking firm specializing in financially troubled companies and as a general management consultant with a “Big Four” accounting and consulting firm. His hands on manufacturing expertise grew out of his engineering positions with Ford Motor's Casting Division as well as Newport News Shipbuilding. Mr. Jones has a Bachelor of Science degree in industrial engineering from Pennsylvania State University, is a member of the Turnaround Management association and a frequent speaker and panel member on bankruptcy and crisis management issues.