Dallas, TX, May 17, 2012 --(PR.com
)-- The Transition Companies is pleased to announce that Randy Cochran has joined TTC as a Senior Managing Director of both its Business Optimization Practice Group and Analytics Department. In his new role at TTC, Mr. Cochran will direct TTC’s nationwide efforts to help owners of privately-held companies ascertain the factors affecting their performance and market value. Thereafter, he will be responsible for placing professionals on site to implement executable strategies that empower business owners to effectively dictate value to the market.
Gene Sartin, CEO and President of TTC said, “Randy’s experience and background were the prefect catalyst to merge TTC’s Business Optimization Practice Group and our Analytics Department. We are honored and proud to have someone of Randy’s expertise become part of our team. His vast experience will be an immediate benefit to TTC, but more importantly, to our client business owners.”
“With Randy at TTC and by merging our Business Optimization and Analytics departments, we’re even better prepared to provide a high quality liquidity event for our clients,” added Mike Ryan, Executive Vice President.
Randy has worked in public accounting and turnaround management for over 30 years. Mr. Cochran started his career at Andersen Consulting (now Accenture) developing deep technical skills in designing and implementing strategic financial and operational systems for middle market clients. With this expertise in banking, Mr. Cochran became Senior Vice President of American Federal Bank in Dallas, TX, where he led the operational turnaround of 12 failed Savings and Loans in a financial buyout.
Mr. Cochran joined Deloitte (formerly Deloitte & Touche) in 1996 and became a consulting partner in 1998. Most recently Randy was a Director at Crowe Horwath, the ninth largest public accounting and consulting firm in the U.S. He concentrated his time on fraud investigations and mergers and acquisitions.
The Transition Companies, LLC, headquartered in Dallas, Texas is a leading professional services firm specializing in providing the highest quality liquidity event for its cleints by confidentially opening the market to maximize the value realized when selling a privately-held company. TTC also provides a full suite of services designed to bring value to its clients including Business Optimization consulting services. This enables business owners to increase earnings now while empowering them to dictate the value of their companies to the market at a future date. Tracing it roots back to 1988, TTC has offices in Texas, New Jersey, California, Colorado, Las Vegas and Ontario, Canada.