Michael MacInnes

About

A first generation American, Michael is a Tampa Bay native, where he was born in St. Petersburg and grew up in northern Hillsborough County. He attended the University of South Florida for both undergraduate and graduate school, starting college at the age of 16, passing the CPA exam at 21, and going right into public accounting.

Mr. MacInnes has more than 30 years of experience in accounting and business operations. This includes six years in public accounting, three years with a venture capital firm, and 25 years with industrial companies, both in operations and as CFO. His expertise gives him the ability to quickly decipher financial statements and tax returns and relate them to what is happening in the business, and he enjoys solving problems and seeing companies grow.

Skills

Mergers and Acquisitions, Corporate Finance, Accounting, Market Analysis, Financial Statement Preparation, Financial Analysis, Economics, Investment Management, Retirement Plans and ERISA Law, Contract Negotiation, Leadership Development, Budgeting/Forecasting, Data Security,  Tax Return Preparation and Analysis, Treasury Operations and Cash Management, Financial Training for Operational Management

Education

University of South Florida - BA in Accounting

University of South Florida - Master of Accountancy – Tax Tract

Certified Public Accountant

Chartered Global Management Accountant

Experience

Prior to joining Benchmark International, Michael was the CFO for a privately held $190 million industrial company that was a distributor, manufacturer, and service provider. During his 23-year tenure there, he ran various operations including the manufacturing plant and the generator distributorship. The company made five acquisitions during that time, and he performed due diligence on at least a dozen additional opportunities. He was the lead negotiator for most of their large customer contracts for supply or service, and handled legal issues. Prior to that role, Michael ran and sold a small chemical company, and he spent three years working for a venture capital firm where he performed due diligence on investment opportunities and served as a director for various portfolio companies. In 2015, he was nominated for the Tampa Bay Business Journal’s CFO of the Year Award.     

Michael’s primary role on the Major Transactions Team at Benchmark International is to prepare the financial analysis of our larger clients so that we can present accurate and clear data to maximize the sale price for our clients. We know what questions buyers will ask and prepare in advance to make sure the sales process can move forward efficiently. As a secondary role, he provides training on financial analysis and tax returns to other team members. He enjoys seeing a variety of businesses go through the sale process, as it gives him a chance to use his experience in different ways to assist clients in growing and selling their businesses.

Passion

Michael is passionate about helping businesses grow and create value for the stakeholders. This passion, combined with his business experience, drives him to understand how clients create value, document their unique competencies, and communicate that clearly to prospective buyers to achieve the highest valuation possible.

Outside of the office, Michael enjoys spending time with his wife, family, and friends. They enjoy gardening, reading, travel, and the great outdoors.

charity

Michael has been involved with the Boy Scouts of America for more than 20 years, as a den leader for Cub Scouts, an assistant scout master for Boy Scouts, serving on the Executive Committee for the Council, and serving three years as Treasurer for the Council. He was in Rotary for 17 years and chaired the Gift of Life committee, which brings children with congenital heart defects to Tampa for surgery. They raised more than $500,000 to outfit a heart catheterization lab in Kingston, Jamaica in conjunction with the Rotary Club of Kingston. And in Leadership Tampa, he worked with the Boys and Girls Club to serve snacks to children in the after-school program.