Bob Lowrance currently leads the business consulting practice for Northern Compass Group, LLC. Bob is an industry “generalist” with a broad background including: technology, transportation, manufacturing & distribution, financial services, real estate, and professional services, as well as serving as the chief executive for several successful entrepreneurial ventures. His extensive expertise within the areas of distressed, transitional, and emerging growth organizations provides solid and effective strategies that produce results, every time.
Prior to joining Northern Compass Group Bob spent the preceding sixteen years functioning as an investor, mentor, advisor, and/or interim-executive for a variety of companies and investment groups located both in Alaska and throughout the United States. His efforts have been focused primarily on early-stage, transitional, and distressed environments where transactions such as acquisitions, fundraising, recapitalization, and/or divestiture are critical to organizational success. Activities included:
- Capital raises, ranging from seed to Series A and later
- M&A transactions
- Recapitalization projects (debt & equity)
- Due diligence, strategy, and performance consulting (venture incubators, owner/operators, and corporate executives)
- Business plan strategy and development (including validation)
- Entrepreneurial/executive mentorship
- Bootstrapping strategies (including taking one of his own start-ups from $5,000 to 20M debt/equity free)
- Strategic relationships & partnerships
Recent, local efforts include serving two years as President & COO for Alaska’s second largest Regional Air Carrier and the prior two as SVP & General Manager for an Alaska-based light manufacturing and distribution company.
Bob’s last corporate effort was as Founder & CEO of a professional services firm providing outsourced professional recruitment services to the Fortune 100. During his tenure, Bob successfully guided the firm from an entrepreneurial start-up to a nationally recognized organization with large-scale engagements operating throughout the United States and Europe. He co-founded what is now a $3.5 billion dollar industry (Recruitment Process Outsourcing or “RPO”), was recognized for his early role in leveraging the Internet to improve recruitment workflow, and achieved a top 5 ranking in the Dallas Business Journal’s prestigious FastTech 50 (greatest 4 year growth for privately held high-tech companies within the DFW Metroplex).
During Bob’s early career he served as Executive Vice President for a business-strategy consulting group specializing in transactions within transitional industries. In that role, Bob received extensive business strategy experience working in conjunction with firm Principal, Dr. E. Allen Jacobs. Dr. Jacobs is a noted former MIT economist who provided transaction analysis for prominent business magnates of the time such as T. Boone Pickens and Harold Simmons. Through Dr. Jacobs intensive mentoring Bob gained invaluable insight into critical factors for organizational success within both rapid-growth and distressed environments.
Bob completed his undergraduate degree at Texas A&M University, where he was a Company Commander in the Corps of Cadets and received a commission as an officer in the U.S. Army. In addition to Bob’s participation at Northern Compass Group, he sits on the Board of Directors for several privately held companies and regularly volunteers time to local charitable organizations.