InterOcean Advisors is pleased to announce that Keith Medick has joined the firm as a Senior Consultant. Keith will provide business development and advisory support related to mergers and acquisitions, capital raise and financial advisory opportunities in the Metals and Building Products industries.
Keith’s background includes strategy development, operations and executive leadership with both turnaround and growth businesses, and experience with all forms of company ownership structures, including publicly traded, closely held and private equity owned businesses.
He currently serves as President and Chief Executive Officer of Union Corrugating Company (UCC), a portfolio company of Chicago Growth Partners. UCC is a national manufacturer and distributor of metal roofing and components to both the commercial and residential construction markets, with ten manufacturing plants, over 10,000 SKU’s and 3,000 customers.
Prior to his current role at UCC, Keith held several leadership positions with companies in the Metals and Building Products sectors, including:
› Chief Executive Officer of Main Steel Polishing Company, where he developed and implemented a strategy to transform a family-owned value added processor of metals to a national distributor of stainless steel and aluminum. As part of this initiative, Keith led the acquisition of Main Steel, where he was intimately involved in raising the equity needed for the transaction. During his two year tenure, revenues grew from $46 to $140 million. When an investment firm purchased Main Steel and its parent company, Keith assisted with the transaction and stayed on post-acquisition.
› President and Chief Operating Officer of Metal Processing Corporation (MPC), a major Midwest metals processor and manufacturer of building products, where he guided the company through the worst economic downturn in recent history and successfully implemented lean manufacturing processes and ISO 9000 registration.
› Various operations and executive positions over the course of 23 years at Ryerson Inc., one of the nation’s largest publicly traded metals distribution companies with revenues of $6 billion. In the last decade before his retirement, Keith was in charge of operations for a $1 billion business unit, ran a $300 million division and, in his last position, was responsible for the integration of a $680 million acquisition.
Keith holds a bachelor’s degree in marketing from the University of Illinois at Chicago and an MBA from the Kellstadt School of Business at DePaul University. In addition, he has taken several post-graduate classes at The University of Chicago Booth School of Business and is trained in Six Sigma. Keith has been a guest speaker to various national meetings of the Metal Service Center Institute and a keynote speaker for the Association of Women in the Metals Industry.
InterOcean Advisors is a Chicago-based investment bank that provides mergers and acquisitions and capital raising advisory services to manufacturing and distribution/business services companies. For more information, please visit www.ioadvisors.com.