Tom Milllitzer founded what is now Millitzer Capital in 1994.
He was brought up in Ohio, attended undergraduate school at Parsons College and went on to graduate school at the University of Iowa School of Journalism.
He started his career in the cable television industry. In eight years, he moved from selling cable television services door-to-door, to managing one of the nation’s largest cable systems. He acquired the first new franchises for the nation’s largest cable company, sparking a new era in the firm’s history. His success was rewarded as he was promoted to Director of Rates and Franchises for GroupW Cable, one of the most senior positions at Americas’s #1 company.
He had learned how to sell on the doorstep and in front of city councils.
After the sale of Group W, he accepted a position at Combined Cable Corporation he finally had a piece of the action. He was part of a team that moved the firms value from $27 million to $64 million in three years.
During the sale of Combined, he was the firm’s liaison to Daniels and Associates. Danials was the leading communications broker and over the years completed over $100 billion in communication and cable television mergers and acquisitions. Over a four month period, Tom worked with the firm’s top executives including Mr. Daniels. He took particular notice to many of the other transactions and negotiations going on. It was like going to M&A graduate school.
At 36, Tom founded Charter Cable Systems, Inc. This company was based in Cincinnati and should not be confused with the much larger Charter Cable. Millitzer had targeted a three-state area to acquire and merge the operations of small cable television systems. With his partners, two of whom currently own major league baseball teams, they raised $72 million for this new venture.
Tom sourced, negotiated and closed 42 acquisitions over a 24-month period. Daniels and Associates later brokered the sale of the company.
Tom formed what is now Millitzer Capital as a focused business brokerage firm servicing the telecommunications sectors. Representing sellers his firm’s goal is to maximize value for this clients.
Millitzer has completed hundreds of assignments. Mergers, acquisitions, strategic planning and valuations. The last time we checked about 400. On this site there some thirty tombstones that rotate at the bottom of many of the pages. Not intended to be all encompassing but intended to provide the reader with a sense of our capability over the long term, the sectors we serve, the contacts we have established and our history.
Tom Millitzer is a business broker; he is your salesmen.
We are good and honest. But we don’t do lists.
Notes about Tom:
Tom writes an M&A blog for the Web Host Industry Review.
Tom Is writing a novel featuring Abe Grimes, hopefully completed and published sometime in 2015. Update: The book is complete now searching for Agents or Publishers.