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Timothy A. DeSpain

Timothy A. DeSpain is a Corporate Finance and Development Executive, with over 30 years of experience in the areas of Strategy Development and Implementation, Acquisitions and Divestitures, Capital Formation, Banking, Management and Structured Project Financing.

 

Tim has extensive financial management experience including real estate workout and energy loan officer positions with First Interstate Bank, Fuji Bank and Credit Lyonnais.  Tim also served as the Director of Capital Markets for both Enron and Halliburton prior to moving to the private sector where he was the Chief Financial Officer of Remedial Construction Services, LP (Recon). He led the Recon team in its sale to the private equity firm Lindsay Goldberg, LLC.  

After the Recon sale, Tim co-founded GT Logistics, LLC (GT) and served as its President and Chief Commercial Officer.  Within two years of its formation, GT permitted and developed a brownfield petroleum products terminal with over 200,000 barrels of storage, 8 miles of railroad track with 16 transloading stations, a barge dock and two deepwater berth locations. Tim led the recapitalization process of GT in 2015 when the majority of the equity was sold to Howard Energy Partners. Tim currently serves as an advisor to the Howard management team.

Tim founded Tascosa, LP in order to assist private business owners and managers with strategic guidance in areas of M&A, Finance, Structuring, Management and Risk Control.  Clients include construction, energy, real estate, wood products and manufacturing entities.

Tim earned his Bachelor of Business Administration-Finance degree from Texas Tech University and holds a Doctor of Jurisprudence from South Texas College of Law, Houston, Texas

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