Founding Shareholder, Director Ambassador, PKF Texas
Audit and financial consulting to publicly owned, private equity-backed and privately held businesses in a broad range of industries, including oil and gas service companies, oilfield equipment manufacturing and fabricating, construction, engineering and architectural service, entertainment, hotels and hotel management companies, clubs, food service operations, leasing, importing and wholesale distribution, telecommunications and technology companies and software development companies.
SEC reporting experience includes initial public registrations and secondary debt and equity filings, annual and quarterly compliance filings (Form 10-K and Form 10-Q, etc.). Additional experience includes assisting with reverse merger transactions, private placement filings for debt and equity securities and transaction services for buyers and sellers, including transaction structuring and due diligence investigations.
Kelly founded Milestone and serves as its Managing Director. He was responsible for developing the fundamental investment criteria and implementing the business plan by sourcing qualified acquisition candidates, evaluating targets, negotiating and closing purchases of portfolio companies, and being integrally involved in developing and implementing the portfolio companies’ growth strategies. Kelly has participated in each portfolio transaction and post-acquisition monitoring for Milestone. He has also served as a member of the Board of Directors of each of the Milestone portfolio companies.
Kelly holds an Accounting and Finance degree from Texas A&M University, a Juris Doctorate from South Texas College of Law and a Masters of Law in Taxation (LL.M. Taxation) from New York University.
Kelly lives in Houston, Texas with his wife and five children. He serves on the Board of Directors of the Gulf Coast Chapter of the Juvenile Diabetes Research Foundation. Kelly is a very active outdoorsman who enjoys snow skiing, running, biking and golfing.
Eric provides consulting engagement leadership for Briggs & Veselka, Houston’s largest independent accounting firm and the third-largest independent CPA firm in Texas. His role includes assisting in business development and providing project management to the firm’s various financial consulting projects for this rapidly growing public accounting firm.
Eric is a solutions-oriented financial executive experienced working with complex and diversified organizations. He has an exemplary record of performance and comprehensive experience directing all facets of financial management. With a reputation of integrity and effective combinations of leadership, interpersonal, analytical, and technical skills he has had success in assessing processes and complex systems; working with clients to implement controls that streamline operations and achieve organizational goals.
Prior to joining Briggs & Veselka, he was the Chief Financial Officer for Eagleridge Energy, LLC, an oil & gas producer and operator. There, he had primary responsibility for managing the company’s finances, financial risks, treasury, cash forecasting, record-keeping, and financial reporting. In addition, he supported the CEO by providing input on capital structure, securing new funding sources and communicating with private equity ownership groups.
In addition to his financial leadership roles in industry, he has held leadership roles with “Big 4” public accounting firm PricewaterhouseCoopers. He is a Texas CPA and graduate of the University of Pittsburgh’s Katz School of Business, earning an MBA in Accounting.
Eric has served as a Deal of the Year Judge for the Houston Chapter of the Association for Corporate Growth in 2018, 2019 and 2020.
Ernest Hunter II is the Chief Executive Officer of The Frenchy’s Companies, which includes Frenchy’s Chicken, Frenchy’s Sausage Company and Frenchy’s Restaurant Group. A business executive and former investment banker with a deep background in operations, M&A execution and providing financial advisory services to public and private companies.
Ernest has significant deal experience, including sell-side and buy-side M&A, restructuring, and debt financing. He is experienced in all aspects of deal execution. One of Ernest’s deals, ExtremeTix’s sale to eTix, a Parthenon Capital Company was recognized by the Association of Corporate Growth – Houston as Software, Technology, and IT Services Deal of the Year in the inaugural year of the award.
Ernest spent years as an active duty Naval Officer serving both home and abroad. He served on multiple ships including a deployment on a guided missile destroyer, the USS Arleigh Burke (DDG-51). In additional to his time at sea he served as an intelligence officer at the Defense Intelligence Agency in Washington D.C. While there he focused on disrupting the proliferation of weapons of mass destruction throughout the world.
He holds a Bachelors of Science Degree in Electronics Engineering Technology from Texas A&M University in College Station, Texas and a Masters in Business Administration with a focus in Corporate Finance from Howard University in Washington, D.C. where he graduated with honors.
Current Board Participation: Juvenile Diabetes Research Foundation (”JDRF”) – Executive Board of Directors and Promise Ball 2020 and 2021 – Co-Chair
Executive Director, Hick, Muse Tate & Furst Center for Private Equity Finance
Ken is the Executive Director of the Hick, Muse Tate & Furst Center for Private Equity Finance, and a Clinical Associate Professor of Finance at the McCombs School of Business at The University of Texas at Austin. He has been published in leading academic journals, including the Journal of Finance Economics, Financial Management, The Journal of Empirical Finance, Financial Analyst Journal, and The Journal of Applied Corporate Finance, and in The Wall Street Journal.
Ken has also been the COO or CFO of several companies, two of which were taken public by JP Morgan and Bear Sterns respectively, and one was sold to Oracle Corporation. Ken founded and led a restructuring firm, was the managing partner of a money management firm, has worked at three investment banking firms, and was a finance professor at The University of North Carolina at Chapel Hill for 17 years. Ken is a certified valuation and interest rate expert in federal bankruptcy court. He was the Chief Restructuring Officer of Turnberry/MGM Grand Towers, LLC, which concluded a multi-year bankruptcy process in 2017. He is also on the Investment Committee at LBJ Wealth Advisors and on the Board of Lawclerk.legal.
Ken was appointed by Governor Brian Sandoval and, from 2011 until 2018, was the Chairman of the Nevada Economic Forum, which estimates the level of state revenues used to establish the Nevada state budget. He is also on Investment Committee for the LBJ Family Wealth Advisors.
He holds a PhD in Finance from The University of Texas at Austin and is a Chartered Financial Analyst (CFA).
Pamela Martinson represents major institutional and other lenders, lessors, borrowers and equity sponsors. She possesses extensive experience in complex financings of all kinds, including syndicated lending transactions (secured and unsecured), equipment leasing and finance, asset-based lending, subscription finance and structured finance. Her practice in large part centers on acquisition finance, cross-border loans and security, marketplace lending, fund finance, intercreditor relationships and lending to technology and growth companies, including revenue and royalty financing. Pam has been instrumental in developing loan and lease documentation for commercial lenders and equipment lessors and has experience in lease and loan financing of early-stage companies that include the issuance of warrants. She advises clients with respect to credit, workout and Uniform Commercial Code issues. Pam also has more than 10 years of experience as a banker and commercial lender in credit, credit management and sales positions. Pam was responsible for asset-based lending operations including credit analysis, collateral control and portfolio management. She has developed and implemented workout arrangements for distressed credits.