Ted Diggs, Jr. Managing Director

Ted is a Director with over 25 years experience as an entrepreneur, business owner, business strategy consultant and corporate executive.

As a business owner and entrepreneur, Ted has purchased, grown and sold several small businesses. These experiences are critical to his understanding of the purchase and sell life-cycle, as well as the critical aspects of growing a business with the objective of eventual sale. For example, he purchased a Pest Control Company which he sold, after trebling revenue, after three years. Growth was attributed to great customer service and a very effective marketing campaign. He also purchased and sold a lawn and landscape company and a web development company, with similar results.

This hands-on experience is critical to his understanding of all aspects of company purchase (screening, due diligence, deal evaluation, company valuation, purchase agreements, deal closure); company growth and organization (guiding principles, business plan, customer contracts, marketing programs, position for sale); and company sale (valuation, core competencies, marketing plan). He enjoys working with small business owners and understands the problems and challenges facing business owners.

As a business strategy consultant in New York, Ted worked with large global companies and mid-sized companies. His specialty was business strategy, operations and IT strategy and company turnaround. In this role, he led several technology based companies through a period of turn-around and sale. For example, at Operation Risk (a Deutsche Bank VC backed company); he repositioned the company for a sale to Zurich Insurance. He led extensive turn around at two major publishing companies; repositioned the companies from print to digital media. During this period, Ted was a lead consultant with Booz, Allen & Hamilton. He also has experience with Financial Services and Real Estate Development.

Ted also served as the COO/CFO of a Times Mirror company (Matthew Bender), as a Vice President of Bankers Trust New York and as a Senior Manager at Morgan Stanley.

Additionally, he is working with the Central Virginia Food bank as a management consultant.

Ted holds a BS degree in Management from Virginia Tech and an MBA degree in Finance from Florida State University.

Contact Ted by phone: (804) 323-6868 or email at Ted@TransactCapital.com