Daniel Goldstein

Principal @ LRS | Chief Financial Officer

Palatine, Illinois, United States

About

Experience

  • LRS (On-site)
    • Chief Financial Officer
      Sep 2024 - Present · 1 yr 10 mos

      • Lead enterprise-wide finance, capital strategy, and M&A for a $600M multi-site waste services organization • Partnered with CEO and Board to execute a portfolio transformation strategy, completing 3 acquisitions and 4 divestitures that generated $170M+ in liquidity at an 11x multiple, reduced leverage by ~2 turns, and positioned the company for sustained free cash flow • Built and led FP&A and forecasting processes to improve visibility into cash flow, liquidity, and covenant compliance • Negotiated and executed amendment and extension of revolving credit facility, adding three new lending partners and enhancing liquidity and financial flexibility • Restructured finance and M&A functions, hiring 7 senior leaders and reducing SG&A by $1.5M annually while strengthening execution capabilities • Established capital allocation framework balancing M&A, debt reduction, and reinvestment • Serve as primary liaison to Board and investors, delivering strategic updates and securing alignment on capital and growth initiatives

    • Executive Vice President Business Development
      Mar 2023 - Sep 2024 · 1 yr 7 mos

  • Principal at Brockway Street Consulting
    Aug 2022 - Present · 3 yrs 11 mos

    Management consulting in the field of Mergers and Acquisitions. Assisting companies better prepare for analyzing and integrating accretive deals and building world class M&A organizations.

  • Vice President, Mergers & Acquisitions at Synagro
    Jun 2021 - Aug 2022 · 1 yr 3 mos

    • Scaled M&A function for $400M PE-backed biosolids company in North America and served as a key member of executive leadership team • Formalized inorganic growth strategy with board of directors and PE sponsor • Built and prioritized acquisition pipeline of 100+ targets aligned to strategic growth objectives • Increased organization’s EBITDA by 6% with the signing/closing of 3 acquisitions • Coordinated with functional departments to create diligence and integration processes for smooth post-close transitions • Developed IRR-based acquisition model to value potential acquisition target businesses

  • VP Business Development at WCA Waste
    Jun 2018 - May 2021 · 3 yrs

    • Played a key role in the $1.2B sale of the company to GFL Environmental, supporting sponsor-led exit process • Member of senior leadership team for 8th largest solid waste management company in the U.S. with over $400M in revenue • Closed 8 acquisitions in various business segments across multiple geographies • Built formal M&A department with resources capable of closing 3-8 acquisitions annually that could be scaled for greater activity • Created processes and procedures to standardize due diligence, closing, and integration activities • Enhanced home-grown acquisition model to handle complex valuation scenarios

  • Stericycle (13 yrs 1 mo)
    • Vice President, Mergers & Acquisitions
      Jul 2015 - Jun 2018 · 3 yrs

      • Owned the acquisition process from prospecting to final close, negotiating transactions between $1M - $40M in the medical waste, shredding, and hazardous waste businesses lines • Led projects to transform and enhance M&A models to adapt to evolving business strategies • Collaborated with executive team and operational leadership teams to target acquisition opportunities and plan integration • Executed quantitative and qualitative analysis to rationalize growth strategies and capital distribution opportunities

    • Director, Mergers & Acquisitions
      Jun 2014 - Jul 2015 · 1 yr 2 mos

    • Director, Strategic Sourcing
      Jun 2011 - Jun 2014 · 3 yrs 1 mo

      • Directed team of three analysts, three senior analysts, and one product development manager that controlled over $200 million of annual spend that delivered over $50 million of savings to company’s bottom line • Forecasted resource allocation and budget with executive leadership to prioritize organization’s strategic sourcing goals • Piloted four to seven major cross-functional sourcing initiatives annually using a proven formal RFP process, working with department leaders from Sales, Marketing, Operations, Finance, HR, and Safety • Supervised purchasing activities and vendor management for Stericycle’s international sharps management and pharmaceutical waste programs, which purchase over $15 million annually in plastic injection molded containers, custom stainless steel material handling carts, and wire formed dollies/wall brackets • Led all product development efforts for plastic injection molded sharps containers and accessories, from project initialization through design, patent review, tooling, debug, and certification • Managed multiple international sourcing engagements in Europe saving over £1 million annually