Grow Michigan’s Management Team will work with you to understand your funding request and structure a deal to facilitate your growth.
Patrick O'Keefe, Chief Executive Officer
Mr. O’Keefe is recognized as an expert in the fields of strategic advisory services, corporate reorganization, debt restructuring, turnaround consulting, refinancing solutions, due diligence support, valuation and litigation support. Mr. O’Keefe has been approved by the U.S. Department of Justice to act as a Chapter 11 trustee and has performed as a court appointed receiver for numerous operating companies. For over 30 years, Mr. O’Keefe has been active as a financial consultant and turnaround advisor to under-performing businesses in various industries including, retail, construction, automotive, manufacturing, and real estate, and has successfully completed assignments in out-of-court and Chapter 11 restructurings. He is an advisor to financial institutions in complex workouts and asset recovery strategies. Mr. O’Keefe is also the CEO of Glycadia, a diabetes research company and Founder and CEO of O’Keefe, LLC.
Mr. O’Keefe is qualified in the area of litigation support services and has been accepted as an expert in federal and state court matters involving lost profits, valuation and economic damages. He is one of a handful of experts recognized by the Institute of Business Appraisers as a business valuator accredited in litigation. Prior to forming O’Keefe & Associates, Mr. O’Keefe was a former partner at Deloitte & Touche where he was in charge of the Detroit offices Middle Market department. Subsequent to Deloitte & Touche, he was a Chief Financial Officer of a residential development company in Michigan and was a partner in a turnaround consulting firm.
Mr. O’Keefe is a member of the Turnaround Management Association (TMA), American Bankruptcy Institute (ABI), American Institute of Certified Public Accountants (AICPA), Michigan Association of Certified Public Accountants (MACPA), and National Association of Certified Valuators and Analysts (NACVA).
Mr. O’Keefe is the immediate past President of the Detroit Athletic Club and a past President of the Detroit Chapter of the TMA including several years of service on the International Board. He recently served on the Advisory Council for M&A Advisor and is a member emeritus for the Michigan State University’s Department of Accounting and Information Systems, as well as a past advisory board member of the University of Detroit Turnaround Management Program, Cleary University, and Oakland University’s Finance and Accounting Department. Mr. O’Keefe is a frequent guest lecturer and writer and has appeared on television and radio discussing various financial and economic matters.
Mr. O’Keefe was recently named the recipient of the 2018 M&A Advisor Leadership Award for his contribution to the bankruptcy and restructuring industry and also received the 2017 Deal Professional of the Year by M&A Advisor. He has received the Outstanding Individual Contribution Award by the TMA, the Cleary Business Medal of Honor as an outstanding businessman, and the Small Business Administration’s Financial Services Champion of the Year Award presented by former Governor Jennifer Granholm. Under Mr. O’Keefe’s direction, his firm has been recognized two years in a row by Michigan Lawyers Weekly for the Best Litigation Consulting Services, the M&A Advisor as Turnaround Consulting Firm of the Year, the M&A Global Network as Boutique Turnaround Consulting Firm of the Year, and was awarded Turnaround of the Year-Middle Market by the M&A Advisor and TMA. Irish America recognized Mr. O’Keefe as one of the top 100 businessmen in 2013, 2016, and 2017. Also, most recently, Mr. O’Keefe was named Detroit 500 as one of the most influential businessmen in Detroit by DBusiness. Mr. O’Keefe has also been twice appointed as a mediator for complex real estate litigation.
Russell D. Long, Chief Operating Officer
Russell D. Long
Chief Operating Officer
Russell D. Long is a Partner and Managing Director at O’Keefe. He specializes in real estate consulting, receiverships, litigation support, business valuation and forensic accounting. He has vast experience in preparing complex financial analyses and forecasts for use in turnaround assignments, plans of reorganization, preparation of business valuations, and preparation of financial packages for secured and unsecured creditors.
Mr. Long has acted as interim COO, negotiated creditor agreements, conducted forensic reviews, prepared and reviewed reorganization plans for formal and informal workouts and has testimony experience in a variety of courts. He currently acts as a Creditor Trustee for a grocery store chain, protecting unsecured creditors who, in exchange for approving a bankruptcy plan of reorganization, will receive full restitution for their claims over time. His receivership experience includes both operating companies and real estate entities and he has been approved by various courts as a financial expert in litigation involving divorce, partnership disputes and bankruptcy.
Mr. Long has substantial real estate experience involving all aspects of real estate assignments including analysis, loan administration, construction, negotiating lien settlements, maintenance and ultimate disposition strategy for the assets. He was part of the team that completed the financial review of the City of Lincoln Park for the State of Michigan prior to an emergency being appointed. The assignment included the preparation of monthly cash flow projections for two years as well as a five-year budget. Additionally, Mr. Long is responsible for leading forensic investigations, including “Ponzi” schemes, where in one case his team reconstructed the accounting records in a large west Michigan “Ponzi” scheme in bankruptcy, resulting in a $25 million recovery.
Mr. Long, is a Certified Public Accountant (CPA) and earned his Bachelor of Arts, with Distinction, in Accounting from Walsh College. He has been awarded the Accredited in Business Valuation (ABV) credentials by the American Institute of Certified Public Accountants (AICPA) and is also Certified in Financial Forensics (CFF). He is a member of the American Bankruptcy Institute (ABI), American Institute of Certified Public Accountants (AICPA), Michigan Association of Certified Public Accountants (MACPA) and the Presidents Club at Oakland University. He is the past President of the Detroit Chapter of the Turnaround Management Association (“TMA”) currently serves as Treasurer on the TMA Board of Directors.
Bill Ritsema, Chief Credit Officer
Chief Credit Officer
Bill Ritsema has spent 40 years in commercial banking in Southeastern Michigan. He has held positions including Chief Credit Officer and later Head of Commercial Banking for a local regional bank. Bill was also Head of Commercial Banking for the Eastern Michigan region for a large regional bank.
Chris Seablom, Chief Financial Officer
Chief Financial Officer
Ms. Seablom is Chief Financial Officer and Director for O’Keefe. As CFO, she assists in strategic planning for long term goals for the firm, supports the CEO to create shareholder value, measures and monitors business performance, and manages governance, controls, and/or risks. In addition to her role as CFO, Ms. Seablom is also engaged in client assignments. As a multi-faceted professional, Ms. Seablom has great successes in litigation support cases, forensic accounting, receiverships, business valuation, corporate finance and turnaround consulting projects.
Prior to joining O’Keefe, Ms. Seablom spent 23 years in the banking industry, most recently serving as Finance Manager and Vice President within a major Michigan bank. Ms. Seablom was responsible for all of the finance functions of the East Michigan region, including project management, forecasting, and profitability analysis. She directed the finance staff in developing and implementing revenue enhancement and expense reduction strategies, corporate budgets, and strategic planning initiatives.
Ms. Seablom is a member of the Detroit chapter of Financial Executives International (FEI). She currently serves as a Board Member and Treasurer of Single Parent Fuel and is a past Board Member, Vice President and Treasurer of Rochester Redskins. Ms. Seablom spends her free time volunteering for a variety of Breast Cancer charities and the Alzheimer’s Association.
Griffin Wagner, Director of Business Development & Analyst
Director of Business Development & Analyst
Griffin Wagner provides business development and underwriting services to Grow Michigan Capital; a fund providing growth capital to Michigan’s lower middle market businesses.
At O’Keefe Mr. Wagner specializes in providing litigation support services and streamlining reporting processes for financial institutions. Mr. Wagner is skilled in turnarounds, valuations and buyouts of commercial real estate properties and restaurant establishments. His respected knowledge base includes market valuations and understanding trends in macro-economic conditions.
Prior to joining the firm, Mr. Wagner was an independent consultant with a focus on operational improvement and financial strategy. He has worked with businesses in the manufacturing and services sectors conducting due diligence, establishing and implementing new processes, and in contract negotiations. Before he started his independent consultancy, Mr. Wagner was in portfolio management at Jay A. Fishman, Ltd., working primarily in public debt and equity markets.
Mr. Wagner earned his Bachelor of Science degree in Finance and Economics from Spring Hill College and is accredited by the National Association of Certified Valuators and Analysts (NACVA) as a Certified Valuation Analyst (CVA).