Tim joined Ideasphere as a Managing Partner in early 2008. He is a seasoned executive and consultant focused on identifying and executing financial and operational improvement engagements that move companies to their next level of performance. In a variety of roles throughout his career, he has worked on a global basis guiding and managing organizations undergoing: • Start‐up planning and implementation • Significant revenue growth and expansion • Acquisition planning, execution and integration • Location consolidations and establishment and expansion of off‐shore operations • Distressed restructurings, divestiture activities, and equity and financing raises, and • Operational process transformations He has worked with a variety of clients such as National Steel Corporation, Brightpoint, Interactive Intelligence, Aprimo, RealMed, Mitsubishi, Monomoy Capital Partners, Escient, Onkyo, and others. As a consultant, he has functioned as a business advisor, Chief Financial Officer, and Controller and has held mergers and acquisition and integration leadership positions, both domestically and internationally. He has consulted with, and provided turnaround support to a number of companies undergoing significant transformations by focusing on key processes and developing and managing key financial data. Before joining Ideasphere, Tim was responsible for one of the largest business units of First Advantage Corporation (NASDAQ:FADV). As Executive Vice President and Business Unit Leader of the Background Screening Division Tim was able to successfully integrate multiple acquisitions, eliminating 5 operating platforms and locations in the process. He effectively prioritized and focused organizational resources to successfully develop the company’s platform of the future and significantly streamlined operations while increasing service levels and client satisfaction. Prior to being recruited to the Tampa, FL area to turn around the Background Screening Division of FADV, Tim was the Chief Operating Officer for First Advantage’ s Tax Screening Division in Indianapolis, IN. He joined First Advantage as part of the sale of CIC Enterprises to FADV in May 2004. During Tim’s 5 years as COO of the Tax business, he completed many significant operational improvements, developed and created new product and service offerings, and negotiated the acquisitions of numerous businesses. Before joining First Advantage, Tim spent 13 years in varied Big 4 Public Accounting Firm roles and positions beginning with Deloitte & Touche’s Tax Consulting Division and subsequently with Ernst & Young’ s Assurance Business Services, advising both large and small companies. Tim also served as the Tax Director of a publicly held home healthcare company. Tim earned a BS in Accounting from Indiana University. He and his family reside in Tampa, FL. He enjoys a variety of outdoor activities, including his children’s numerous and varied activities, golf, running, basketball and fly fishing. Send e-mail to Tim Lima |
Timothy O. Lima - Managing Partner
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