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Nick joined the company in May 2000 and brings over 10 years of experience
working in the banking industry.
Prior to joining ComStock, Nick was a Vice President in the Structured
Capital Lending Division for Firstar Bank in Cincinnati. Nick specialized
in providing financing for leveraged acquisitions.
Nick provided financing for a variety of manufacturing and service firms
in the following industries: consumer products, heavy equipment, specialty
chemicals, optical components, electronic components, materials conversion,
basic metals, environmental remediation, telecommunications, and government
services.
A significant portion of the financing of these acquisitions was reliant
on the companys capacity to generate cash flow and the enterprise value
resulting from that cash flow. Financing was also based on the value of
revenue streams, intangible assets, and the feasibility of corporate finance
alternatives based on the value of individual divisions, product lines, or
the company as a whole.
In addition to his lending responsibilities, Nick also developed the divisions
standard underwriting document and financial analysis program.
Prior to that, Nick acted as portfolio manager for Huntington Banks
Cincinnati Asset-Based Lending Portfolio. In this capacity, Nick not
only managed a portfolio of clients, but also the Cincinnati-based loan
administration staff.
Nick began his career with Firstars Asset-Based Lending Division,
conducting on-site examinations of borrowers financial records and
valuing assets of those companies as collateral for highly leveraged loans.
Nick holds a Bachelor of Business Administration in Finance and Real
Estate from the University of Cincinnati and an MBA from Xavier University
in Cincinnati.
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