CFO and Managing Director
Mark has over 35 years’ experience as a financial professional. He has been a practicing CPA, served in high level government positions, acquired substantial M&A experience working in the Investment Banking and Private Equity field, and been the CFO of organizations ranging in size from start up to $200million in revenues. During that time, as principal or a consultant, he has accessed the capital markets for over $3 billion in transactions. These financings included public and private debt and equity, venture and private equity funding, municipal bonds and notes, sale-leasebacks, securitizations and commercial paper.
Before joining Back Bay Group he was the CFO of Northfield Capital, a CRE Capital Markets Advisory firm focused on the acquisition and sale of distressed commercial real estate mortgage loans, pools and bulk portfolios. The firm underwrote over $300 million worth of performing, non-performing loans and REO assets and was awarded over $70 million in winning bids. He also served as the CFO for Astrobotic
Technology, Inc. an early stage aerospace company where he was instrumental in developing strategy and raising seed capital.
Prior to Astrobotic, Mark was a co-founder and Managing Director of Telcom Holding, LLC, a private equity firm established to invest in public and private communications related companies. At Telcom Holdings he drove M&A activities, negotiated and closed ten transactions in excess of $150 million and secured equity commitments in excess of $200 million. With the final distribution direct investors realized a 36% average annual return on investment.
Mark was also an investment banker with H.C. Wainwright & Company focusing on private placements and mergers and acquisitions. Prior thereto, he spent eleven years as a senior partner of Parent, Kiley & Naffah P.C., a regional CPA firm where, among other things, he acted as a consultant on capital markets to the MBTA, MWRA, MIFA, Lazard Frères and First Albany Corp. Mark spent time in government service including a gubernatorial appointment as CFO for the Massachusetts Bay Transportation Authority, where he initiated a variety of unique funding vehicles including the first municipal use of Zero-coupon bonds. He was also appointed as the CFO of the Massachusetts Racing Commission where he had oversight of the $400 million racing industry in Massachusetts.
Mark earned a bachelor’s degree, with High Honors, from Bentley University.
