Almost 20 years ago Adam founded a digital media company with nothing (started as Mediacom, the after numerous mergers ended up as Staging Connections), grew the company with a combination of startups and acquisitions and completed a $50 million IPO all while being the CEO and largest shareholder.
Then he moved to California for more than 10 years where he established S7 Group – an incubator and fund that develops tech startups and acquires tech companies in the $1-20 million enterprise value range.
Adam has raised a combined $120 million in Australia, the United States, Hong Kong and the UK for businesses where he was the CEO and controlling shareholder, completed more than 20 acquisitions (all as a principal) and established numerous startups.
Bob Bates is a CPA, CVA and CFE with over 25 years of accounting experience as a Controller and CFO in various industries. He has been in several industries, including telecom, media, retail and financial services in addition to having consulting experience at startups in the software, technology and life sciences fields. He has run his own businesses, a publishing entity and a public accounting firm, in addition to working at KPMG. Bob was in a couple of pre-IPO situations and has worked in a growing public company also. In addition to strategic planning, budgeting and many typical CFO functions, he specializes in International accounting, software issues and obtaining financing.
Affiliate and other companies – HP Accounting works with several US and European CPA firms, CFO consulting firms and Financial Planning organizations in order to offer a complete Accounting/Finance solution that also includes some Human Resources and Legal aspects.
Public company CFO roles:
Mr. Bates is the CFO of a public company and has performed the following tasks for them:
- Completed due diligence accounting/reporting for 12 acquisitions, including performing valuations and dealing with FAS 142
- Handled accounting for complex debt instruments including warrants, beneficial conversion feature and other derivative issues
- Responsible for SEC reporting: 10Q’s and 10K’s