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Don Wright is the President and principal owner of Confluence Capital Group, Inc. The Company, based in Everett, Washington, was established to provide a variety of consulting services to institutional investors, debt holders and public and private companies.
Prior to forming Confluence Capital Group Mr. Wright was President & CEO of Pacific Aerospace & Electronics, Inc., a company he founded and ran from 1990 until 2006. He remains Non-Executive Chairman of Pacific Aerospace and provides consulting services to that company through Confluence Capital Group.
Mr. Wright founded Pacific Aerospace by purchasing the flagship technology company, Pacific Coast Technologies (formerly named Kyle Technologies) in 1990. Over a period of three years Mr. Wright re-capitalized the company, attracting investors, professional managers, and a director group to refocus the company’s course of business. Through a series of strategic acquisitions beginning in May 1994, he took the company public in a reverse merger. In February 1995 he completed four equity offerings including three private placements and completed a secondary public offering in July of 1996. Under Mr. Wright’s leadership the company grew from annual sales of approximately $3 million in 1994 to over $112 million in 2000.
Subsequent to going public Mr. Wright successfully obtained a $75 million highyield note to purchase the company’s European Aerospace Group, additional private placements and created tremendous liquidity in the stock with over 18,000 shareholders.
Due to changes in market conditions after the events of September 11th, 2001 Mr. Wright led an effort to reposition the company’s aerospace assets “by taking the Company private” and selling or closing unprofitable operations to reduce debt and refocus the company as a smaller more specialized manufacturing company. To that end the Company successfully diversified its markets and customer base and is now a key supplier to the defense, medical components, energy and radar/ microwave market places. Mr. Wright also led the Company in developing and purchasing a “technology bank” of over thirty key patents to enhance and protect the growth of the Company.
Prior to 1990, Mr. Wright was the President & CEO of a Washington-based high technology corporation known as Component Concepts, Inc., which he founded in 1976 and was engaged in the testing of various types of electronic components for manufacturers and end users. Mr. Wright sold his interest to facilitate the purchase of Pacific Coast Technologies, Inc. in 1990. Mr. Wright has over thirty years business experience in executive-level management, sales, acquisition/ merger negotiation and equity management activities for emerging and growth oriented high technology companies.
Mr. Wright is self-educated and has attended and spoken at numerous classes and seminars over the years covering a wide range of topics that include lean manufacturing methods, various technologies for industry and an exhaustive list of business and financial topics. Mr. Wright has accomplished numerous acquisitions and financings both in the United States and Europe.
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