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Rick Camoirano
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Rick Camoirano

Chief Financial Officer

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At a glance

Full Name
Rick Camoirano, CPA
Title
Chief Financial Officer
Firm
W/F Investment Corp.
Firm Type
Early-stage private debt and equity investor / strategic partner
Investment Stage
Early stage; distressed and underperforming small-to-middle-market companies
Target Company Profile
Businesses with a unique product or service in a crowded or emerging market; financially or operationally troubled companies where W/F can provide capital plus legal, accounting, operating, and strategic support.
Sector Focus
Broad / opportunistic, with historical activity in drive-in theaters and swap meets, auto dealerships, food service, hospitality, retail, financial institutions, real estate, entertainment-industry equipment, and educational communications.
Geographic Focus
United States, with a strong Southern California operating history.
Location
Los Angeles, California

Background

Rick Camoirano is the Chief Financial Officer of W/F Investment Corp., a Los Angeles-based private investment firm that describes itself as an early-stage provider of capital and strategic partner. W/F’s site lists him as “Rick Camoirano, CPA” and says he has served as CFO of the firm since 1984.

Before W/F, Camoirano began his career at Deloitte, Haskins and Sells, the predecessor firm to Deloitte & Touche, working in the New York and Los Angeles offices. He holds B.A. and MBA degrees from the University of California, Berkeley.

At W/F, Camoirano’s CFO role has included finance leadership roles at several W/F-related operating companies: Century City Savings, which W/F formed and later sold to American Liberty Savings Bank; Morrison Automotive Group, a seven-franchise new-car dealership group in Glendale, California; and Camera Platforms International, a public company serving the entertainment industry. W/F also says Camoirano manages the company’s real estate investments.

Investment Thesis & Focus

  • W/F describes itself as an “early stage provider of capital and strategic partner” that is “highly selective” and “always take[s] a hands-on approach.”
  • The firm says it provides “debt and equity” to businesses with a “unique product or service” in an “otherwise crowded or emerging new market.”
  • W/F’s value-add model includes operating capital plus legal, accounting, and strategic-alliance support tied to a mutually approved business plan.
  • The firm’s historical pattern is operationally intensive investing: acquiring, financing, restructuring, or managing businesses where W/F can improve growth, viability, profitability, or exit potential.
  • W/F’s later-stage/distressed focus includes fiscally troubled public companies, formal reorganizations, operational turnarounds, and reverse-merger or roll-up strategies.

Notable Investments

  • Pioneer Theatres - W/F acquired a controlling interest in 1980 in the drive-in theater and swap-meet company; the firm says it continued to operate the swap-meet business profitably.
  • Glendale Nissan / Morrison Automotive Group - W/F acquired a controlling interest in Glendale Nissan in 1982 and expanded the auto-dealership platform into seven new-car dealerships with more than $100 million in annual sales before selling its dealership interests in 1989.
  • Sausalito South - W/F acquired the Manhattan Beach restaurant in 1983 and sold it in 1991 to Chart House.
  • Burger King franchises and other food-service businesses - W/F says its restaurant division invested in Burger King franchises and other local and national chains.
  • Century City Savings and Loan Association - W/F formed, capitalized, and opened the Los Angeles savings-and-loan in 1985; after growing it to more than $30 million in assets, W/F sold it in 1989 to American Liberty Bancorp.
  • Camera Platforms International / Shotmaker Inc. - In 1996, W/F acquired UST Inc.’s 76% stake and arranged an $850,000 line of credit for the Valencia company, which provided camera and lighting equipment to the entertainment industry.
  • Teleparent Educational Systems - W/F provided a seven-figure convertible debenture to the multilingual school-district communications company, according to a public copy of W/F Investment Partners’ 2007 private-placement materials.
  • Chateau Properties - W/F’s private-placement materials cite a 105-unit Hollywood apartment project acquired in 1991 as a real-estate turnaround example.

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