WORTH MANAGEMENT
Worth Investment Group follows a very unique approach to acquiring and building companies. Worth acquires 100% ownership in middle market companies with strong management teams and recurring annual cash flow in excess of $1 million. Under Worth’s ownership, our subsidiary companies are given the capital, resources and strategic guidance to grow. We hold our companies long term and focus on calculated, timely growth. Given our commitment to a buy and build strategy, coupled with owning a 100% interest, we have the luxury of time, capital and patience to support long-term growth objectives of our subsidiaries.
The Worth Investment Group Management team has decades of experience building shareholder value in middle market companies. Worth’s focus on detailed financial and operational analysis allows us to move responsively to capture high yields, while minimizing downside risks associated with higher rates of return. The professionals who comprise Worth Investment Group have completed over $1.5 Billion in transactions since 1996, and bring a diverse set of skills and backgrounds that allow Worth Investment Group to benefit from a unique business and operational plan that emphasizes underwriting, due diligence and responsiveness.
meet the team
ERIC BOOROM
CEO
Worth Investment Group
Eric Boorom has held positions at The Shane Group, a $100 million annual revenue holding company based in Hillsdale, Michigan, where Mr. Boorom’s responsibilities were focused on development of subsidiaries and the capital market advisory firm. Mr. Boorom has also worked as a team member in the special assignments group at The Bank of Tokyo-Mitsubishi, the second largest bank in the world, and as a credit analyst at ABN-AMRO/LaSalle National Bank, one of the world’s largest banks headquartered in Chicago, Illinois. Mr. Boorom’s responsibilities at both the Bank of Tokyo-Mitsubishi and ABN-AMBRO/LaSalle National Bank included debt recapitalization, operational reengineering, turnaround financing, workout and bankruptcy transactions, real estate financing, enterprise value transactions (cash-flow based financing), mergers, acquisitions, cross-border financing and the issuance/ procurement of subordinated debt, bonds and equity. Mr. Boorom also founded Worth Capital, LLC.
In addition to the experiences outlined above, Mr. Boorom has provided financial advisory services in bankruptcy transactions including Chapter 11 and Chapter 7 cases. His efforts have concentrated on leading negotiations with numerous senior-secured and unsecured creditors, focused on negotiated settlements in conjunction with recapitalization efforts. Mr. Boorom has transactional experience with the following companies: S.C. Johnson & Son, Inc., Northwest Airlines, NIBCO, Inc., Cummins Engine Company, FCR Inc., Racing Champions, Credit Acceptance Corporation and other numerous middle-market privately held companies.
In addition, Mr. Boorom has provided expert testimony on business valuations and marketability in U.S. Bankruptcy Court. Mr. Boorom is an active member of the Turnaround Management Association (TMA), Association for Investment Management and Research (AIMR), Association of Certified Turnaround Professionals (ACTP), INSOL International and the Seaplanes Pilot Association. Additionally, Mr. Boorom holds a private pilot’s certification for land and sea.
Mr. Boorom earned his Bachelor of Science degree in Finance from the Eli Broad School of Business at Michigan State University. Mr. Boorom is also a graduate of ABN AMRO North American Credit Training Program and has completed additional studies in accounting, international economics, financial engineering, law and strategic management.
JOHN SLAWSON
Advisory Board Member
Worth Capital, LLC
Global sales and marketing leader with career success improving operations, driving go-to-market strategies, adding key bench strength, creating accountability cultures, and communicating purpose / vision to all stakeholders. Leads with purpose, respect, honesty, integrity, and trust. Inspires shared vision among team members, suppliers, and customers.
Turnaround and transformation leader who restores underperforming businesses to profitability and productivity. Skilled in product management and new product introduction; able to define a product value proposition that aligns with the value stream objectives, implement strategic / tactical plans, and drive accountability for results.
Growth driver who helps organizations unlock hidden value, using creativity, flexibility, and diversity inherent in their own unique business model. Taps into efficiency and creates value where it did not exist before.
Strong communicator and process optimizer able to understand markets, unlock internal bottlenecks, and develop synergies that accelerate processes that create value and improve profits.
KRAIG GOODWIN
IT Specialist
Worth Capital, LLC
Kraig joined Worth Holdings in March 2019 as the IT Specialist. He has over 20 years of IT experience in various industries, including Education and Biomedical Research. Kraig worked as an IT Analyst at Charles River Labs in Mattawan, Michigan prior to joining Worth Holdings. He holds a Bachelor’s of Science degree in Database Management from Davenport University and a Lean Six Sigma Yellow Belt.
HEATHER JEFFREY
Marketing/Sales Manager
Worth Capital, LLC
Heather Jeffrey is the Marketing/Sales Manager for Worth. She joined the Worth team in 2017 and brought with her two decades of marketing, management and sales experience. Prior to joining our team, she owned and operated her own successful marketing/sales support company. Prior to that, for 18 years, she served as the Executive Editor of two daily newspapers, two total market coverage publications and four weekly newspapers in Michigan. Heather specializes in leading our marketing efforts and customer service teams, with a special emphasis on inside sales.
CATHERINE LAUER
Trade Marketing & Communications Manager
Worth Capital, LLC
Coming Soon.
MIKE KIKER
Sr. Vice President
Subsidiary | Qualite Sports Lighting
Mike Kiker is currently the Senior Vice President for Sales and Construction Services for Qualite Sports Lighting, LLC.
With over 30 years’ in the outdoor sports and pole industry, and with the combined experience in sales management, construction and engineering Mike has excelled in industry-related positions which include National Product Manager, Regional Sales Manager and Technical Sales Representative to Senior Vice President. With this combined experience Mike has helped to shape Qualite’s vision of a total lighting solution from project development, design, sales, installation and long term service. This provides the end user a one point of contact solution.
Prior to being an employee for Qualite Mike acted as a dedicated Sales Representative and Electrical Contractor for Qualite Sports Lighting as a respected member of Qualite’s Indirect Sales Channel for over 15 years. After successfully representing Qualite in the Alabama market, Mike moved to Texas to develop the North Texas market for Qualite. Mike’s successful history resulted in him being recognized multiple years as a top sales performer by Qualite
MADISON WYNN
E-Commerce & Marketing
Subsidiary | American Copper & Brass, LLC
JULIE DEMAREE
Business Process & Software Manager
Subsidiary | American Copper & Brass, LLC & Qualite
KYLE O'MALLEY
Advisory Board Member
Worth Capital, LLC
Kyle T. O’Malley is a Certified Insurance Counselor, a Certified Authority On Workers Compensation, and is President and Minority Owner of the Walton Insurance Group, a Jackson, Michigan based Risk Management and Insurance Firm helping people, families, and companies prevail through the unexpected. Walton is one of the most trusted names in insurance and with 60 plus employees, they are amongst the Top 20 privately held firms in Michigan.
Prior to his leadership role at Walton, from 2011-2017 Mr. O’Malley was a Senior Risk Management Consultant and Office Leader for Daly Merritt, Inc. a regional risk management firm headquartered in Wyandotte, Michigan which was sold to AssuredPartners in 2016. Prior to Daly Merritt, Mr. O’Malley was a Large Account Practice Team Leader and Vice President Client Executive for The Hylant Group, the nation’s 7th largest privately held insurance brokerage firm. Since 2005, Mr. O'Malley has been responsible for handling risk management services for numerous business types across the county and abroad. Mr. O'Malley began his professional business career in 1988 as a front line supervisor at JM Schneiders Inc., Canada's largest processed meat operation. In 1990, he moved to distribution and logistics management with Coca-Cola Canada. In 1992 he began work for Deloitte and Touché Canada as a public auditor and in 1994 he accepted a position with Penske Corporation and later immigrated to the United States with Penske to work in numerous management roles within Detroit Diesel Corporation. In 2002, Mr. O'Malley accepted a position as Vice President of Business Development with The Shane Group, Inc., a $100 million annual revenue holding company (and now one of the Company’s Portfolio Companies) based in Hillsdale Michigan, where he helped guide and build a subsidiary private equity and capital markets advisory firm.
Mr. O'Malley currently provides consulting services to the Managing Member and to the Company, where he also provided full-time COO duties from 2013 thru 2017, and is now acting as an Advisory Board Member to the Company.
Mr. O'Malley holds a graduate degree in Business & Finance and undergraduate degree in Economics, both from Wilfrid Laurier University in Waterloo, Ontario, Canada. Mr. O'Malley is married and lives with his wife and four children in Ann Arbor, Michigan.
ROLF BERG
Advisory Board Member
Worth Capital, LLC
Mr. Berg founded Infinitive, Inc, a manufacturing “job shop,” in 1979. During the mid 1980's Mr. Berg took on multiple products for large diesel engines, and until 2009, Mr. Berg supported an original equipment manufacturer, or OEM, as well as a large after-market. Mr. Berg is currently a supplier to Class 1 railroads and short lines both in the United States and abroad.
Mr. Berg’s interests and passions include aviation, aeronautics, photography and SCUBA, and he holds multiple ratings for fixed-wing land, sea and helicopter. Mr. Berg has been married to Barb Berg for 27 years. The Bergs have two grown children and two black labs.
MARCI RAMIREZ
Human Resources Director
Worth Capital, LLC
Marci joined Worth Holdings in 2012 with more than 18 years of human resource, sales, payroll and leadership experience. Marci manages each subsidiary’s human resources department by assisting in the planning and forecasting of future hiring and recruiting needs, employee benefits, managing special projects and events and overseeing employee relations.
Prior to joining Worth Holdings, Marci was an Executive Director for a career college in Jackson Michigan as well as Director of Human Resources for a large manufacturing company in the Detroit Area.
DANIEL CORTEZ
Vice President of Business Development
Worth Capital, LLC
Daniel Cortez is the Vice President of Business Development for Worth Capital. Mr. Cortez joined the team in 2023 bringing with him 10 years of sales and customer service experience. His primary function is to raise capital and maintain investor relations for Worth Capital and its subsidiaries. Mr. Cortez maintains investor relations with his knowledge of the market and economy and with his positive, friendly, teacherlike personality.
Mr. Cortez previously worked at CNL Securities Corp. where he was part of the distribution team providing alternative investment solutions to financial advisors and their clients. He is a graduate of the University of Central Florida where he graduated with a Bachelor’s of Science in Business Administration and Professional Sales. Mr. Cortez was born in New York, but has been based out of Orlando, Florida for the past 23 years.
VERONICA WAGNER
Project Coordinator
Subsidiary | Biological Mediation Systems & Qualite
Veronica Wagner has been an employee of BMS for 30 plus years. She started her career at BMS as the receptionist. In the late 1990’s early 2000’s she wanted to take a more active role within the company, so they promoted her to project coordinator. She has held that position for nineteen years. Along with day to day operations Veronica is very involved in the sales, improvement and design of the custom restrooms and buildings that BMS manufactures.
COREY LINES
National Sales Support Manager & Regional Sales Manager
Subsidiary | Qualite Sports Lighting
Corey Lines graduated from Eastern Illinois University in 1998 with a B.S. in Industrial Technology with a concentration in Construction. In August 1998, Corey started his lengthy career as a lighting designer at Universal Sports Lighting where he was successful in lighting and designing prominent venues such as Chicago White Sox, lighting systems for University of North Dakota Hockey Arena, West Virginia University Basketball Arena, as well as dozens of minor league baseball stadiums. Not only being involved in the design of the lighting, Corey has been involved in the entire process from start to end (design, sales, installation, etc.).
Corey has been a member of the Illuminating Engineering Society of North America (IESNA) serving on the Sports Lighting Committee since 2003.
In April 2013, Corey joined Qualite Sports Lighting and is now the National Sales Support Manager and Regional Sales Manager working in Sales, Design and hands on installation.
Corey’s many years of experience provides a wealth of knowledge throughout every aspect of the Sports Lighting Industry.
Corey currently resides in Grand Rapids, MI with his wife and 3 kids. He loves spending time with family, enjoys being outdoors, and loves playing golf.
BOB DENNING
Senior VP of West Coast Sales & Construction Services
Subsidiary | Qualite Sports Lighting
IN MEMORY 1950-2022
BILL DONAHUE
Advisory Board Member
Worth Capital, LLC
Mr. Donahue was the former President of O&P Designs, Inc., located in Dallas, Texas. In addition, Mr. Donahue was also a Partner in Boorom Industrial Properties, LLC, an equipment leasing company based in Jackson, Michigan. Mr. Donahue was previously the President and Founder of Biomedical Horizon Inc., a management, sales and marketing consulting firm that was sold in 2001 to Goldstein and Partners based in Phoenix, Arizona; President and Founder of Century XXII Innovations Inc., a manufacturer of proprietary prosthetic systems which was sold in 2000 to Ossur hf.Reykjavik, Iceland; President of Dynamic Orthopedic Inc., a patient care rehab practice focused on orthotic and prosthetic care that was sold in 1999 to Rehab Designs of America Inc. based in Louisville, Kentucky; and President of Camp International Inc., a market leader and manufacturer of orthopedic, compression therapy and post-mastectomy products that was sold in 1989 to Bissell Inc. based in Grand Rapids, Michigan. Mr. Donahue became a Board member of the Savannah Music Festival in May 2009. In addition, Mr. Donahue serves as an Advisory Committee member for Worth Investment Group, LLC. He is also a member of the Board of Directors of Memorial University Hospital Center, where he is the Treasurer and Chairman of the Finance Committee and President of The Ford Plantation. Mr. Donahue’s academic credentials include a Bachelors Degree from Texas Tech University.
IN MEMORY 1956-2016
DR. FREDERICK MILLER
Advisory Board Member
Worth Capital, LLC
MD, MHA, MBA - Dr. Frederick Miller was the former President and CEO of MASLOM Enterprises, a multi-industry company in Ft.
Lauderdale, Florida with services and products lines covering several states. Dr. Miller is responsible for the
company’s internal and external growth initiatives, new business development, marketing, customer relations
management and the strategic growth, revenue planning, operations and continued profitability
From August 2008 to June 2012, Dr. Miller was President of Pediatrix Medical Group, Inc., the nation's largest
physician group and practice management company, in Ft. Lauderdale, Florida. Dr. Miller was responsible for the
company’s internal and external growth initiatives, clinical quality programs and new business development, physician
engagement and practice integration, patient satisfaction and customer/partnership relations, community relations,
market image development, patient/parent/customer involvement and the strategic planning of six regional revenues
and operations. His responsibilities included annual net revenues of $1.5 billion, consistent same store growth,
continued profitability (annual profitability of $400 million), 4,500 physicians, advanced practitioners, clinical staff
and non-clinical/administrative employees. Dr. Miller held previous positions with Pediatrix Medical Group, Inc. as
Regional President of Atlantic/Southeast Region, Vice President and Regional Medical Officer, Medical Operations,
Atlantic Region.
Dr. Miller formerly served as Vice President and Chief Operating Officer of HW Media Group & Publishing
Company, HW (Healthy Women) Magazine, in Lake Worth, Florida, and as Medical Consultant to the Surgeon
General in the Surgeon General's Office at the 7th Medical Command, U.S. Army Medical Corps, Department of
Defense.
Dr. Miller received a Bachelor of Science, summa cum laude, from Morehouse College, a Doctorate of Medicine, cum
laude, from Emory University School of Medicine, a Master of Business Administration from California Coast
University School of Business, and a Master of Health Care Administration, with Honors, from University of Colorado
School of Business.