With over 35 years of experience in the middle market, Tom is a proven leader for privately-owned businesses in transition. He is a results-oriented financial executive with extensive experience and strength in resolving strategic and tactical business issues, evolving organization structures, re-positioning business lines, managing creditor and investor relationships, contributing to Boards of Directors, and building and motivating teams to exceed business objectives.
Most recently, Tom served as the Chief Financial Officer for CARite Holdings, LLC, a privately held business with operations in auto dealership franchising and vehicle leasing, where he led accounting, management reporting, finance, treasury operations, financial planning and analysis, accounts payable and tax. Prior to CARite, Tom was the CFO of Brook Furniture Rental from June of 2012 to December 2017. He led the sale of the company from its founder to a private investment group and completed a tuck-in acquisition.
Tom also has a deep history as a senior banking executive, in which he led and participated in more than 25 workouts, both in-court and out-of-court.
to a global consumer products company that had lost its CFO and was in default of lender payment terms and financial covenants.
for a Memphis-based paper converter experiencing financial challenges caused by poor internal operations.
for a sub-prime auto leasing and dealership franchising operation based in Detroit that was operating below cash break-even point.
of a home furnishings rental business that had operations in nine states plus the District of Columbia.
led and participated in more than 25 workouts, both in-court and out-of-court.
Recent Blog Posts & Presentations By Thomas L. Hidder
Tom Hidder, Managing Director at Harney Partners, participated as a panelist to discuss a variety of distressed business topics during an event hosted by the New York Institute of Credit…Read More