Core BTS (Core), a national technology solution and managed services provider recently added Kevin Thimjon as chief financial officer. As CFO, Thimjon will oversee Core’s financial strategy to drive growth, profitability, cash flow generation and equity value creation.
Thimjon is an experienced financial executive with a demonstrated history of successfully collaborating with CEOs to create shareholder value. His broad experience includes key leadership roles in public companies, as well as businesses owned by private equity firms.
“Kevin joins Core during an exciting period of growth, and his leadership will strengthen our financial and business operations.” said Core BTS CEO Paul Lidsky. “Today’s business environment is continuously evolving, which makes having an accomplished CFO as part of the team and a solid financial strategy even more important than before.”
Prior to joining Core, Thimjon served as executive vice president, chief financial officer and chief operating officer for Lids Sports Group, a retailer of licensed and branded headwear, sports apparel and novelties with over 8,000 employees and 1,100 stores. Prior to Lids Sports Group, Thimjon served in executive leadership roles for a variety of organizations, including chief financial officer and chief administrative officer of Just Marketing, Inc., president and chief financial officer of Bell Industries, Inc. and executive vice president, chief financial officer and chief operating officer of ISR Solutions, Inc.
Thimjon is a certified public accountant and holds a Bachelor of Arts degree in accounting from Concordia College in Moorhead, Minn.
With 15 offices across the United States, Core employs a team of IT consultants, solution architects and engineers who provide design, implementation and ongoing support services. Core has over 1,200 active customers across diverse industries, including healthcare, education, financial services, gaming and manufacturing. Last week, Core announced that Lidsky had been named CEO. Last year, the organization expanded its Microsoft Business Unit through an acquisition. In August 2018, Core was acquired by Tailwind Capital, a middle-market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, business services and industrial services.
About Tailwind Capital:
Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, business services and industrial services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since inception, Tailwind has managed $3.6 billion of committed equity capital, and has invested in 43 portfolio companies and over 110 add-on acquisitions.
Media Contact:
Gal Greenberg
Marketing Director, Core BTS
gal.greenberg@corebts.com
(213) 793-8394