Douglas (Doug) Gwin is a Senior Financial Advisor for Gilbert & Pardue Business Advisors (GaP). He brings over 30 years of senior executive experience, the last 20 as Chief Financial Officer of two middle market, privately-held businesses in the Houston area. Having participated in several successful M&A transactions over the last 25 years, he possesses significant experience in this area for closely-held companies. Doug’s expertise includes developing and managing the complex ownership and reporting requirements of private equity firms, business development companies, and investment bankers.
In 2008, Mr. Gwin was hired as CFO of Travis Body & Trailer, a manufacturer of aluminum dump trailers, which had recently been acquired from its founder by a private equity firm. Doug helped lead the company through the Great Recession by managing cash flow without any line of credit for almost six years and assisting in restructuring debt. Along with other members of management, he brought the company back from near bankruptcy to profitability and helped orchestrate a profitable exit in 2013. After that sale, the company expanded its plant capacity by 50%, had a record year in 2016 in revenues and units produced, and is now the third-largest aluminum dump trailer manufacturer in the US.
In 1998, Mr. Gwin assumed his first CFO position with the Way Companies, a third-generation family-owned commercial mechanical contractor. This company focused on large commercial HVAC projects, including The Ballpark at Union Station (now Minute Maid Park), the Toyota Center, and many hospitals in the Texas Medical Center. Doug streamlined reporting to the sole owner and managed all accounting and treasury functions, including the critical bonding capacity as a contractor.
After an initial career in public accounting, Doug served as Controller for various local real estate developers, construction consultants, and construction companies. In his public accounting positions, he focused on Management Advisory Services, primarily for real estate development and construction clients.
During his career, Mr. Gwin has developed proficiency in the preparation and presentation of GAAP financial reports for boards of directors and owners (private equity and other independent investors) and has provided independent audit support and assistance. In addition, he has supervised bank loan covenant compliance and reporting, cash flow management, and risk management.
Doug graduated with a BBA from Texas Tech University. He is licensed as a CPA in the State of Texas and is a member of the AICPA and Texas Society of CPAs. He was also a member, board member, and past President of the local chapter of the Construction Financial Management Association (CFMA). He supports several local charities including The 100 Club and Shriner’s Hospital. Doug enjoys spending time with his family and is blessed that all live in the Greater Houston area.