Dan Ilisevich has 30 years of operating and financial management experience in software and IT solutions companies serving the government, financial services, telecommunications, and legal industries. As a board member or independent consultant, he has advised companies ranging in size from start-up to $100+ million of annual revenue on best practices covering growth strategy and direction, organization and management, business development, financial management, executive compensation, and human resources and culture. As an operating executive or board member, Dan specializes in optimizing the performance of firms by crafting and implementing improvements to the underlying economic model of how they package, price and deliver their product and service offerings. This includes migration from traditional client-site perpetual license/annual maintenance software arrangements to cloud-based subscription/SaaS delivery models. Dan has worked with closely held, venture capital and private equity backed firms, and has direct experience raising growth capital equity and debt financing. His M&A experience covers both buy-side and sell-side transactions, and post-close operations integration.
Dan has served as the CFO of Compusearch Software Systems since 2006 where he provides executive leadership in the areas of corporate strategy and development, capital acquisition and deployment, and the evaluation and launch of new business initiatives to drive growth. He also oversees all the traditional back-office functions of accounting, legal, compliance and human resources. Following five years of growth and value creation, Mr. Ilisevich helped to orchestrate the successful sale of Compusearch to Arlington Capital Partners and JMI Equity in 2010.
Prior to joining Compusearch, Dan served as the founding CFO at Mantas, Inc. a private equity backed firm headquartered in northern Virginia with operating locations in New York, London, Singapore and New Delhi. Mantas provides anti-money laundering and stock-trading compliance solutions to the global financial services industry, and was acquired by Oracle in 2006. While at Mantas, Dan successfully raised four rounds of private equity financing, recruited key members of the executive team to meet the strategic and operational needs of a rapidly growing global software firm, and formed the legal, tax and operating structures of international subsidiaries. Previous positions include CFO and Director of Operations at Kodak Legal Systems. He started his career at SRA International where he served in multiple roles including Vice President & General Manager of the Telecom Industry Practice, and Vice President & Managing Director for Operations, Finance & Administration of the Commercial Sector.
Dan is currently the lead outside director of Black Turtle Services, a closely-held $15 million start-up providing contact center management services to the federal government. He also recently served on the board of directors and as a member of the transition executive team at Command Information, a software development and engineering firm providing cyber security and transportation management solutions to US defense clients and the telecom industry. Formed in 2006 with financial backing from the Carlyle Group, Novak Biddle and Paladin Capital Management, the firm was sold to Salient Federal Solutions in 2011.
Dan is an Adjunct Professor at George Mason University where he teaches a course in financial analysis and decision making to graduate students in the Volgenau School of Engineering. His academic credentials include an M.S. in Public Policy Analysis and a B.A. in Economics and Political Science from the University of Rochester.