ABOUT US & The News
Cingo Global’s focused team of professionals is looking to the future of various sectors to make meaningful acquisitions. Combining our extensive experience across private investment, aviation, sports, finance, real estate, management, and marketing operations around the globe, we find opportunities where others find obstacles.
In The News
RIP
We are sad to announce the loss of one of the great helicopter pilots of our and an advisor to Cingo - Mike Renz. Mike passed in his sleep at 62 over the Xmas holiday. With more than 21,000 flight hours and double that in maintenance hours he was a great influence to Will Ashcroft in his early flying career, Against all the odds Mike built the newest heliport in Manhattan in thirty three years. Mike is survived by his wife and two daughters.
We are pleased to announce our new consultancy business. Over the years the members of our team have met entrepreneurs and business owners a like that with just a little guidance can change the way they need their business to perform-typically increase revenues. So we decided to launch a new service.
We have launched Cingo One-a consultancy for small business leaders. Our initial consultation is without charge. If we think the business is a fit or our services will have an impact we can then look to a customized retainer or success based fee depending on the goals fo the company.
Case Studies
Aviation
Ace Aeronautics is in the business of converting Black Hawk helicopters into revamped state of the art machines but despite great contracts in the future the company was on the verge of financial collapse. The principals of Ace approached Will on how to better package up their company and gain investment and or sale. After a lot fo deep diving and enabling the principals to see how they could achieve their goals Ace ultimately did transact and the company now has a bright future as a leading player in their business sector. "On the face of it Ace looked like a fantastic opportunity but the principals were bogged down by current ownership not wanting to put any more money into them. Short on cash they had to really tighten their belts to make the company pay role. A day did not go by when I did not speak to either the CEO or COO. In many ways all they needed was a guiding hand-they sold their first helicopter to Ukraine and found their big investor and hopefully the rest is a good story". - W Ashcroft
Logistics
Small trucking company in the business of moving cargo from Texas using tractor trailers. At the start the company has two trucks and their own maintenance shop. The owner was young and scared to expand his business. He wanted a bigger house for his family but could not see how to increase his business. "I asked him-Can you add two trucks? To which he replied we have the business for forty but I can't afford that!" - W Ashcroft. Cingo helped him understand his numbers and like we do at iAero we enabled him to understand the value of his in-house maintenance. Two years on he has 60 trucks-a very large in-house maintenance center. His biggest challenge is how to navigate the new California Semi rules.
AI
No modern day advisory would be complete without advising an entrepreneur with his AI start up. Details are are short right now for competitive reasons but this exciting company is already changing the way safety operations are performed at heavy industrial sites.
Entrepreneurs
"I recently asked a university professor what company he had built as he taught a class in being an entrepreneur - his answer was shocking. I have never built a company" - It is amazing the simple things that small companies don't do and as a result miss out on customers.
Remain True Because You Never Get A Second Chance
Whether you purchase a franchise, start a business or buy a business the world for an entrepreneur can be harsh. It all sounds great-you get5 to choose your hours, freedom, pay yourself. I remember the first time I made a single dollar off a business I founded I was a changed person. I was just 13-years old and had a house cleaning business. But at 13 who has a clue what to do or how to do it. The amazing thing is fast forward to my 50s and I still see entrepreneurs who don't have a clue. Let's start this series by discussing the obvious - Drum role - The Phone Call VS The Website.....The amount of businesses that have a website and rarely check their inbox is staggering. I bet it is millions. But then you call the business and their phone manners don't mirror the website so you already have a bad image for the business. Some don't even answer the phone. I did some research into this and SBA estimate $1.4B is lost each year by small businesses lacking in good communication. $1.4 Billion is a massive amount of money to lose! To this note most companies take the person who answers the phone for granted. Well that person is the first person a potential customer deals with. I called a private jet company last week for a client who needed help. They don't have a big fleet and I can see why. The phone call was the worst.The lack of information when requested should have been a given and despite a personal referral I told the client to continue the search. So they lost out on a weekly contract worth $250,000.
Next Up - Trust VS Difficult Business Decisions. Should loyalty affect the boardroom?
The Cingo Global Team
Will Ashcroft - CEO & Founding Partner
Will started his career as an entrepreneur at 13 years of age cleaning houses. Fast forward his vision in aviation started as a helicopter pilot in 1997. He went on to manage and fly aircraft in the VIP, air medical, business aviation, film and heavy lift sectors; in 2007 he pioneered the shared private jet space when he launched Jumpjet. Prior to starting Cingo Global, Will co-founded iAero Group with Robert Caputo. The two partnered with Blackstone to invest over $700M to form the iAero group, which today operates Boeing 737 and 767 aircraft in the United States & abroad. At it's height pre-covid iAero's revenues exceeded $44,000,000 per month with an ebitda in excess of $77,000,000. He's has been featured on Bloomberg TV, Time Magazine, WSJ, NYT, Leaders Magazine and CNN. He was a senior advisor to Ace Aeronautics and various startups. He is the advisor to Charlie's Lego Factory-a charity founded to give children in poverty Lego. The charity was founded by his then eight year old son Charlie.
Stuart Cheek - Senior Partner
Stuart has over 35 years' experience of Finance, Sales and Marketing in regulated securities trading, London Stock Exchange, & International Financial Futures Exchange. He was one of the original partners at Cantor Fitzgerald before spending over 12 years at UBS and then Santander as Managing Director and Head of UK Institutional Sales. Stuart was subsequently a partner, Managing Director and Head of UK Government Bonds at BGC Partners. He is a founder and director of his own financial consultancy company called Randall Duke Limited.
Sean O’Riordan - Partner
Sean joins the Cingo team with a background in finance, entertainment and technology. Sean worked as a Director at both Lotus Development Corporation and at the venture capital arm of General Electric. Sean was a Founding Partner of Out-source Media Group in 2007, a Los Angeles‐based entertainment company in the business of marketing, advertising and co‐releasing studio level motion pictures with $1.2 B budget control. OMG established itself as powerful Studio resource in providing P&A for high quality Studio films. Sean was also involved in many facets of entertainment and while engaged with a full time Commercial and Feature consultancy working with notables such as Warner Brothers, Disney, NBC and Universal.
Sean Farazad, CEO – Cement
Sean has over 35 years in Sales and Management Operations. His experience in Green Cement technology and manufacturing started as an investor in Ceratech in 2005, which at the time was the world leader in reduced carbon cement under commercial conditions with licensing in both the UAE and USA. To include testing with not only ACI but use cases by the United States Marine Corps. Simply put the company was ahead of its time and pre the global ESG swirl that exists today. Over the last ten years Sean has increasingly become an expert in Green Cement sector. Prior to cement, Sean was employed by Abovenet and specialized in the sales and installation of server farms. Sean served on the board of the pediatrics at the Georgetown hospital. Over the years he has received several awards for his work in carbon reduced cement and ESG market driven segements.
Brett Ross - Logistics
Brett Ross is a 25 year Motorsports Industry veteran and has worked with a variety of teams, drivers, and sanctioning bodies including CART, IndyCar, Grand Am, IMSA, and the SCCA. Bretts' extensive motorsports experience also include a stint as the COO of the only US based Formula 1 arrive and drive program, FormulaWon. Through contacts in the F1 program, Brett was recruited by Renault Sport Technologies to head the US based Formula Renault racing series as well as the first introduction of the Renault V6 race car at the Homestead Miami Speedway in Florida.
Brett was also instrumental in setting US customer relations for Lexus Motorcars in the USA.
Senior Advisor Matt Roles
Matt has over 30 years of experience within the financial services industry, experienced in Foreign Exchange Options, Options, Asset Management, Fund Of Funds, Derivatives, and Equities, alternative risk profile management.Matt specializes as an advisor to large wealth management companies to identifying select investments within managed accounts through advisory arm.
Advisors
Tom Goodale
Tom has over 25 years' experience of Finance, Sales and Marketing in regulated securities and OTC trading, He is a managing director and Co founder of one of the largest risk free revenue businesses in Fixed income rates and currencies globally. Stretching from investment banking to sales. Mainly distressed and hedge fund related. Tom has built some of the deepest relationships within the largest money manages in the world - Blackrock, Blackstone, Soros and Elliott to name a few. Tom started his career at J.P Morgan and UBS before founding and building a multi asset and cross product business across many sectors at Knight Capital which was subsequently bought out by Stifel Nicolaus.
Raymond McKeeve
Raymond McKeeve is a Partner at Dial Partners LLP. He is recognised as a leading figure in private equity and was one of the best-known corporate lawyers in the City of London, having developed his career at leading private equity law firms, including at Jones Day, Linklaters, and Dickson Minto. Raymond has extensive experience advising major private equity houses, sovereign wealth funds, and their investee companies as well as leading alternative credit providers and lenders across all areas of corporate practice, including acquisitions, disposals, financings and restructurings. He is a specialist in Defence and Security and sat on the MOD Defence Reform Unit.
Larry Simpson
Although Larry holds a private pilots license and worked for American Airlines as Ground Services Manager, his successful career has at times taken him away from aviation. He was Regional Logistics Manager at PepsiCo for California, and Director of Sales Logistics at Sara Lee Corporation. Larry went on to a 30 year real estate career and was founding partner of the highest producing office in the worldwide Sotheby’s Real Estate system with gross sales in excess of $12 billion annually.
