Massoud ‘Max’ Safavi is a principal with Victory Partners. Mr. Safavi has a proven track record in transforming technology and manufacturing companies into profitable growth organizations culminating in successful liquidity events. As a C-Level executive he has substantially increased the enterprise value through expanding sales, financing and executing acquisitions and divestitures, implementing disciplined cost management, and building sustainable cross functional teams in highly competitive industries.
- Executed over 15 corporate acquisitions and divestitures with $700 million in revenues and an aggregate deal value of $400 million, managing the process from initial strategy and evaluation through negotiating, financing, and integrating the acquisitions
- Executed 6 turnaround and growth strategies for global companies, achieving double-digit multi-year growth in revenue and profits
- Corporate governance experience includes 3 years as the Chief Financial Officer of Microdyne, a public company defense technology manufacturer, and 10 years as first Chief Financial Officer and member of the board of directors and then Chief Operating Officer at EF Johnson Technologies, a public company wireless communications technology manufacturer.
Mr. Safavi began his senior management career at UNC Inc., a billion-dollar aviation company, as their Director of Internal Audit, Divisional Chief Financial Officer, and Assistant Treasurer, focusing on restructuring the company through divesting 20 non-aviation businesses and acquiring and integrating 10 aviation-related companies. These acquisitions more than doubled revenue, made UNC the largest business aviation company in the world and culminated in a successful sale to GE.
As Chief Financial Officer at Microdyne, Mr. Safavi executed a similar strategy, where he developed a corporate strategy for roll-up acquisitions and raised a $26 million credit line to finance those acquisitions. He was responsible for managing the buying process (including sourcing potential acquisitions, conducting due diligence, and closing the deals) and integrating the acquired companies into Microdyne, which he then successfully marketed and sold to L-3 Communications.
Mr. Safavi has a sophisticated understanding of sourcing investment funds and investor relations. During ten years at EF Johnson Technologies, he was responsible for increasing the institutional investor base from less than 5% to over 40% and facilitating a successful secondary public offering of 6.9M shares to raise $45.5M in new capital. After acquisition and integration of 3e Technologies International, EF Johnson was successfully marketed and sold to Francisco Partners.
Mr. Safavi received his baccalaureate from the Wharton School of Business at the University of Pennsylvania and has an MBA from the Booth School of Business at the University of Chicago. Mr. Safavi was a CPA and a CMA.
Masters of Business Administration, Booth School of Business at the University of Chicago
Bachelors of Science, Wharton School of Business, University of Pennsylvania