Operating Partners

Supportive Autonomy describes CM Acquisitions’ perspective in partnering with the portfolio company management team responsible for day to day operations. Management will have full operating autonomy and the support from CMA necessary to maximize the company’s value. CMA Operating Partners support Management to accelerate improvements and execute strategies to grow enterprise value.

CMA Operating Partner input is integral during the business due diligence phase of prospective acquisitions. Detailed familiarity with the prospect company’s culture, markets and processes assist with accelerating post-closing transition steps and operating margin enhancement. Early transactional involvement with senior management begins the development of trusting and collaborative relationships critical to longterm success of the investment.

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Chris S. Basoukeas Chris Basoukeas focuses on identification of growth strategies and opportunities for operations improvement at CMA companies and prospective investments. Mr. Basoukeas’ industry knowledge and experience in manufacturing, concentrating on supply chain management (including production planning, inventory management, negotiating supplier partnerships and implementing manufacturing performance metrics) are areas where his contribution enhances business value. Prior to joining CMA, Mr. Basoukeas spent sixteen years owning and managing an independent consulting firm. He worked with a wide range of businesses, from the Fortune 500 to middle market sized clients, providing cost savings and increased efficiency in many industries, including chemicals, warehousing, industrial supply, heat-treating, consumer products, glass-making, nutritional supplements, and food & beverage. Mr. Basoukeas helped develop the external market business segment of Grainger Consulting Services (a division of W.W. Grainger, Inc.), where he was responsible for developing a consulting business infrastructure. At Coopers & Lybrand Consulting, he developed strategies for improving supply chain performance for numerous consumer and industrial product companies. Beginning his career at Procter & Gamble, Mr. Basoukeas had plant leadership positions in both Folgers Coffee and Paper Products Divisions. Mr. Basoukeas earned his BS in Chemical Engineering from Michigan Technological University.
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Raja M. Parvez Raja Parvez focuses on identification of growth strategy investments and opportunities in select technology sectors, including advanced materials, energy, opto-electronics and solid-state lighting industries.  Mr. Parvez is an innovative and results-driven global CEO with a deep technical background and comprehensive understanding of business and cultural practices in the Pacific Rim, Eastern Europe, Russia, Mexico and Israel.  He has thirty years of experience in leading and cultivating new products, processes and customer relations while building partnerships with global corporations. Previous to joining CMA, Mr. Parvez was CEO and President of Rubicon Technology, Inc. (Nasdaq: RBCN), a sapphire crystal growth manufacturer, where he led a successful hands-on turnaround from significant operating losses with negative gross margins when recruited in, to sustained profitability and a successful IPO at ~$300MM enterprise value in 18 months.  As President and Board Member of Optigain, Inc., a manufacturer of fiber amplifiers for communications systems, Mr. Parvez spearheaded operational and strategic initiatives leading to a five-fold increase in revenues and establishment of joint North American Product Realization Center for Furukawa Electric and Optigain.  The company was acquired by Furukawa, a Japanese public company. Mr. Parvez, as COO at CyOptics, Inc., an R&D start-up located in Israel, established the infrastructure to manufacture robust optical chip components.  He collaborated with others on successful rounds of venture financing, key strategic acquisitions that eventually resulted in a sale to Avago Technologies, Inc. (NASDAQ: AVGO).   Mr. Parvez spent sixteen years at Bell Laboratories, most recently as Consulting Member and Distinguished Member of Technical Staff. Mr. Parvez is a board director for Xerion Advanced Battery Corp., a developer of lithium-ion batteries and serves as an advisory board member at SiNode Systems, Inc. (a developer of silicon-graphene batteries), Shasta Chrystals, Inc. (a manufacturer of optical fiber lasers) and MVPIndex, Inc. (social media analytics). Mr. Parvez earned his BS in Mechanical Engineering from the University of Peshawar and an MS in Management Science and an MS in Industrial Engineering, both from New York University.
Herbert K. Parker – Executive Advisor Herbert Parker is an advisory resource to the Firm on matters of international business, corporate governance, business and investment strategy and multi-cultural practices.  Mr. Parker is also active in the origination of new investment opportunities. Prior to joining CM Acquisitions as Executive Advisor, Mr. Parker served as CFO of Harman International Industries, Inc. (now a subsidiary of Samsung Group) and later EVP of Operational Excellence.    While at Harman, Mr. Parker’s responsibilities included all financial activities of the company, including Mergers & Acquisitions, Information Technology and Internal Audit.  Prior to joining Harman, he served in various senior financial positions with global power and technology company ABB Group, (NYSE:ABB) for 28 years, including as CFO of the $6 billion Americas region from 2006 to 2008 and CFO of the $12 billion global automation division from 2002-2005. He began his career as a Staff Accountant with C-E Systems in Chattanooga, TN, which was acquired by ABB in 1989.  He has held a number of finance positions with increasing responsibility throughout Asia, Europe and North America. Mr. Parker has lived in five countries and performed business reviews in over 30 countries.  Mr. Parker serves on the board of TriMas (NASDAQ: TRS) Corporation.  Additionally, he currently serves as Chairman of the Board at the Stamford, CT YMCA.  In 2014, The Wall Street Journal ranked Mr. Parker #10 on the publication’s list of top 20 performing CFO’s in the S&P 500. He earned his BS in Accounting from Lee University in Cleveland, TN.