WELLESLEY HILLS, Mass. - Sea Glass Capital, LLC has hired Tim Montgomery as managing director, the recreational marine industry management and financial advisory services firm reported in a statement today.
Montgomery, who brings over 25 years operating, general management and P&L experience, will lead Sea Glass Capital's strategic and operational management consulting practice, according to the company.
The former Raytheon Marine Co. executive is an avid boater and marine enthusiast whose passion is helping companies grow, become more profitable and maximize enterprise value, Sea Glass reported. Much of Montgomery's work has involved turning around under-performing operations and acquiring, consolidating and growing businesses. He also has extensive experience in the sale, purchase and consolidation of manufacturing and service businesses and has worked extensively with customers, suppliers and partners around the world.
As leader of Raytheon Marine Co., he brought a record number of new products to market, rapidly increased sales, doubled income and return on invested capital and then successfully packaged the company for sale to a financial buyer, according to Sea Glass. Montgomery graduated from Harvard College and Harvard Business School.
Sea Glass Capital help clients in the recreational marine industry build, optimize and grow their businesses and, when the time is right, harvest the enterprise value they have created, the company stated. It offers a full range of strategic, operational, financial and merger and acquisition services.
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