The Alta Group Adds Director to Strategy & Competitive Alignment Practice

The Alta Group appointed Gary W. LoMonaco a director. LoMonaco will primarily serve in the consultancy’s strategy and competitive alignment practice.

“Gary’s experience in captive vendor finance and his acumen in credit management will be valuable to Alta and many of our clients,” Valerie L. Gerard, co-CEO of The Alta Group, said.

LoMonaco has worked in the equipment leasing and financing industry since 1985. He developed knowledge of the vendor marketplace during his time with Heller Financial’s vendor finance group, where he started in credit, ultimately becoming senior credit officer of the group. In that position, he had responsibility for the group’s portfolio performance, A/R, funding, workouts and vendor due diligence. Later, as managing director of Heller Financial’s healthcare and IT vendor business, he drove the company’s entry into the market and had responsibility for business development, credit and vendor program management. He continued this work at Banc of America Leasing, heading up the major accounts team of the vendor finance division.

In 2009, he moved to Forsythe Technology, where he managed the company’s captive finance organization, gaining experience in syndications, transaction structuring, document negotiation and managed services financing, as well as serving as the corporate treasurer. After 10 years at Forsythe, he expanded his corporate financial expertise, serving as CFO of Symbria, a service provider to the senior care industry.

In addition, LoMonaco held a variety of management positions in finance at TCGI Capital, CIT, Deutsche Credit and EF Hutton Credit.

“I enjoy surrounding myself with talented individuals such as the Alta consultants and combining our strengths to make a measurable difference for clients,” LoMonaco said.

LoMonaco has twice served on the Equipment Leasing and Finance Association board of directors. He also formerly chaired the association’s captive and vendor finance and independent middle market steering committees.

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