Mike Ford, with 30 years of industry experience, created Pro Back Office (PBO) in 2011 to provide back office professional accounting services to Pro-athletes and Professional associations, hence the word “Pro” as part of the company name. Mike quickly realized that PBO needed a partner with the right talent and experience to respond to the growing demand from small to mid-size businesses for these same services. While interviewing Jennifer Barnes on another matter, he recognized her background and entrepreneurial spirit could be just the ingredient needed to grow PBO.
Coincidently, Jennifer already had a dozen clients who had previously followed her from a competing company where she was a consulting Controller. Because her clients trusted her, they made the decision to follow her to Pro Back Office.
With a book of business and plenty of staff, Mike and Jennifer became equal partners in September 2012. Jennifer immediately took over the daily operations of PBO, while Mike continued to serve on the management team as an advisor.
In late 2013, Jennifer introduced former colleague, Scott Palka to Mike Ford. Scott, a 30-year industry veteran including 10 years with EY and PWC, was the right talent to help grow the average revenue per client and consequently introduce PBO to much larger clients. Scott became a minority partner in 2014.
With Mike, Jennifer and Scott forming a strong management team with complementary skill sets, PBO made significant improvements to the company infrastructure throughout 2015 and 2016. Together they positioned PBO for tremendous growth in the years to come.
From 2013-2015, PBO grew 408% and was named the 5th fastest growing business in San Diego that year. In January 2016, Mike came on board full time to serve as the Chief Operating Officer.
In early 2017, PBO acquired the southern California division of IPSA, the company where Mike held the position of Senior VP in 2012. They now have the ability to do governance risk and compliance work, serving businesses from the start up stage to publicly traded companies.