Tall Oaks From Little Acorns Grow
“In 1999, in a world focused on giant companies and high technology, I founded Old Oak Partners, LLC having spent the bulk of my career in a privately held, micro-cap, low technology business.
The world of businesses with sales under $200 million is so diverse and fragmented that it escapes the attention of most commentators and investors. However, in my experience there are high returns available here with fewer people competing for them.
Old Oak Partners, LLC is a participant in several disciplines within the small business arena. We seek high returns as micro-cap investors. Through private equity offerings we enable others access to small business investment opportunities. As advisors, we help smaller public and private companies increase shareholder value.”
Advisors & Associates
Wes Tyler founded Old Oak Partners, LLC in 1999. He is also the President and Director of North American Commercial Parts & Service, Inc., a holding company of regional businesses that provide parts and repair for commercial food equipment.
Wes is a Director and Principal of Westport Resources Investment Services, Inc., a registered broker-dealer with the SEC and NASD, and of Westport Resources Management, Inc., a registered investment advisor.
An experienced Corporate Director, Wes has been a member of public and private company Boards as well as non-profit Boards. A former CEO of a 400 employee, $48M private company, he has negotiated several business transactions on both the acquisition and sales sides.
His presentations on Selling Your Business, The Cost of Training and Getting Quality Service for Commercial Food Equipment have been featured at the Annual Meeting of the Commercial Food Equipment Service Association (CFESA), the 10th Annual Capital Formation Conference hosted by Carter Morse & Co., the Bi-Annual Meeting of Multi-unit Architects, Engineers & Construction Officers (MAECO) and at the Multi Unit Foodservice Equipment Symposium (MUFES).
Wes is registered as an Investment Advisor Agent through Westport Resources Management, Inc., serves as a Director of Horizons at Greens Farms Academy, Westport, CT and is a member of the National Association of Corporate Directors.
Jim O’Brien founded O’Brien & Associates, a business consulting firm, in 2001. Jim counsels clients in business improvement in the disciplines of sales, service operations and overall general business management
Jim is also a director and principal of North American Commercial Parts & Service, Inc. where he serves as Vice President, Corporate Development. North American is a holding company of regional businesses that provide parts and repair for commercial food equipment.
From 2000 to 2001 Jim was Vice President of Operations for TechServ, Inc., a nationwide company engaged in service and parts distribution for a variety of industrial equipment types.
From 1984 to 2000, Jim served with GCS Service, Inc. in a variety of roles with increasing responsibility. In 1991, he became Vice President of Operations and played a major role in helping GCS become the premier service provider in the food service equipment industry. Subsequent to the sale of GCS to Ecolab Inc. in 1998, Jim continued to help GCS grow by serving, in a senior sales and marketing role, as Vice President of Industry Development from 1998 to 2000.
Prior to joining GCS Service Inc., Jim held a number of sales and sales management positions in the foodservice industry, including the position of Vice President of Sales and Marketing for the Hume Company, a subsidiary of H.P. Hood, Inc.
Jim earned his BS in Marketing Management Science from Saint Joseph University in Philadelphia, PA and his MBA from the University of New Haven in Connecticut. Jim is a Certified Food Service Professional.
Nir Margalit, Attorney at Law, is a non-executive director of North American Commercial Parts & Service, Inc. Nir is currently a partner at the law firm of Foley and Lardner, overseeing the hotel practice in the firm’s hospitality group based in the Bay Area, specializing in all areas of management, acquisition, disposition, development and conflict resolution.
Between November 2008 and July 2009, he was the personal chief counsel to Sheldon Adelson, overseeing his $15+ Billion global enterprise including his majority interest in Las Vegas Sands (NYSE:LVS), global real estate, all investments, fleet of 14 aircraft, publishing business, software business, and his philanthropic and political foundations.
From April 2004 to October 2008 Nir was the executive vice president/general counsel and secretary for Kimpton Group Holding LLC, parent company of Kimpton Hotels & Restaurants. In this role, he was responsible for the overall legal function of the
company and its subsidiaries, including operations, development, investment, intellectual property/brand identity and corporate administration.
Prior to joining Kimpton, Nir was the vice president, general counsel and secretary of Zip Realty, Inc., the largest national on-line full service virtual office website real estate brokerage.
In the hotel industry, Nir has served as the first vice president and general counsel for Best Western International Inc., the world's largest hotel chain, where he assumed management responsibilities for the legal function of the corporation.
Prior to that, he served as the vice president, general counsel and secretary at Starwood Hotels & Resorts Worldwide (NYSE: HOT) in Phoenix, AZ where he managed all legal matters for the company during its period of explosive growth.
Nir began his professional career as a law clerk and then an associate at Krupin, Carr, Morris & Graeff in Washington, DC. He was also a partner in the Washington, DC based law firm Margalit, Yellott & Cooper where his clients included various local and national companies.
Nir earned his bachelor of science degree from the Cornell University School of Hotel Administration in Ithaca, NY and his Juris Doctor from Georgetown University Law Center in Washington, DC.
Bill Abram is a member of the Board of Advisors of Old Oak Partners, LLC and is the president of Pragmatix, Inc., a software development and technology consulting organization he founded in 1992. Under his leadership, Pragmatix has implemented a wide range of business process and technology improvement solutions for Fortune 500 companies as well as smaller organizations. An IBM Business Partner, Pragmatix also provides a full range of managed e-business hosting solutions. For every client, Pragmatix provides the business analysis, project management, and on-going support needed for long-term success.
A trailblazer in information technology, Bill has a strong track record of streamlining business processes and improving a company’s bottom line. Prior to founding Pragmatix, Bill was president of Abram & Yagoda Systems Group, a firm he established in 1983 to build LAN-based, multi-user PC applications.
Before discovering his entrepreneurial direction, Bill was project executive with McDonnell Douglas Automation Company. Earlier in his career, Bill served as assistant controller at Montefiore Medical Center.
Bill is a member of the Westchester County Association and serves on the board of the Westchester Information Technology Cluster. He is Chairman of the Board of The Volunteer Center of the United Way, a member and former treasurer of the Association for Electronic Health Care Transactions, and an active volunteer with Habitat for Humanity. He is a past trustee of Woodlands Community Temple, and has chaired several advisory committees for the Board of Education in Ardsley, NY.
Bill earned a Bachelor of Science Degree in Management Engineering from Rensselaer Polytechnic Institute, Troy, NY and an MBA in Finance from Pace University, Pleasantville, NY.