Brian Breneman, CPA, CGMA
Brian Breneman is the co-founder and managing director of DGN Advisory, LLC. He uses his nearly three decades of extensive experience to provide advisory and consulting services to businesses of all sizes. From startups to mature large companies or even those facing a crisis, Brian has seen it and done it. Ten years in public accounting, 8 years as corporate CFO, and 9 years as an entrepreneur have given him a unique perspective.
Focused on using solid business strategy to drive value, he can help companies in many industries to take advantage of opportunities or solve issues they face. Brian personally specializes in consulting services focused on strategy design and implementation, value enhancement, business valuations, start-ups, financing and capital raises, complex financial issues, transactional mergers and acquisitions, insolvency and restructuring, and other finance areas. He is an operational finance expert who has run operations and led operational excellence initiatives using Continuous Improvement and Lean Manufacturing techniques.
After graduating in 1990 with a Bachelors of Business Administration from Western Michigan University, Brian went into public accounting and earned his CPA designation in 1992. During 10 years in Public Accounting, he gained experience across multiple industries including retail, construction, manufacturing, employee benefit plans, large-scale farming operations and public education finance.
In 2000, he left Public Accounting and went into Private Industry to work as CFO for a manufacturing company who was on the verge of a massive expansion. Sales increased from 350% over 3 years as it expanded from a single US location to 7 locations in 5 countries. He gained experience starting up international financial and operating companies in the UK, Europe and Africa. He completed several acquisitions, domestically and internationally, and worked on many others. He negotiated bank financing packages up to $25 million to support operations and growth. He managed the financial complexities of multiple level multi-currency consolidations, hedging and the operational challenges of overseas startups. In 2003, that company experienced a manufacturing material issue that led to numerous class action lawsuits and government actions. The financial pressure of the lawsuits eventually led to a bankruptcy filing in 2004. Brian oversaw the financial aspects of the bankruptcy process for a year, winding up operations, selling subsidiaries and managing litigation issues. In 2005, that company was sold to a multi-billion dollar publicly traded competitor.
For a year starting in 2005, he worked on post-acquisition integration for the buyer of his previous company before being promoted to Divisional Controller for a group of companies with revenues of $150 million that spanned Europe to Mexico. He was responsible for the finances of 5 operating companies and their internal financial staff. He learned to work within the confines of a large multi-billion dollar publicly traded company and the processes that accompany, from budgeting to strategy and compliance. In 2008, Brian left that company with two other executives to start up their own acquisition roll-up company.
Brian worked with his two partners from 2008 until 2017, acquiring 7 companies, licensing patents and technologies, and securing exclusive distribution agreements for products in the Hunting and Shooting sectors. Over that time he and his partners looked at several hundred deals from new startups to long established companies, working with private equity funds, investment bankers and numerous other sources. He oversaw administration, operations and finance and spent the remainder of his time working on acquisitions. Funding that startup included two rounds of Angel Financing in addition to traditional bank lending.
Along the way, Brian has also personally participated in 3 additional startups including a power line disaster restoration company, an e-commerce retailing business, a membership sales business in the hunting and fishing sector. During the same time period he advised startups in micro brewing, environmental technology, and specialty food distribution.