Scott Herrin is President of Snowball Capital LLC, which assists small and mid-sized companies in developing, evaluating and implementing strategic alternatives and in locating growth capital. Over the last few years, emphasis has been on angel investing rather than consulting. Since 2009, Scott has increasingly focused on the cleantech sector.
Scott spent most of his career with Klearfold, Inc., an innovative printing and packaging company. After joining the company in 1980, shortly after startup, he spearheaded the development and international licensing of the company’s proprietary technologies and ultimately served as President. While there, he directed the initial public offering of the company, partnered with a private equity group to take the company private ten years later and subsequently concluded a merger with another respected printing and packaging firm. In order to finance the merger, which involved buying out several shareholders, Scott participated in the “road show” with Goldman Sachs to sell a public debt offering.
After the merger, Scott served on the Board of Directors of the resulting company until, through internal growth and acquisitions, revenues grew to over $300 million, and the company was sold to a major international packaging concern. The private equity group involved considers the investment to be one of its more successful.
From 2005 to 2008, Scott was President and an owner of Sancoa International, a market leader in the manufacture of highly decorated retail packaging for global consumer products brands. In 2014, Scott was retained by the companies to evaluate strategic alternatives and assisted in the sale of the companies.
During 2009 and 2010, Scott was affiliated with Blue Hill Partners, a Philadelphia, PA venture capital firm focused on the Green Technology sector, as an Advisor and Operating Partner. From 2011 to 2014, Scott served on the Physical Sciences Investment Advisory Committee for Ben Franklin Technology Partners of Southeastern Pennsylvania, which provides early stage capital for Pennsylvania based companies.
Scott has also served as lead independent director for a small mutual fund (2001–2002). Community service activities have included membership on the boards of four non-profit organizations that supported the School District of Philadelphia. In 2013, Scott moved to Boulder, Colorado, where he has become active in the entrepreneurial, investing and environmental communities. Scott has a J.D. from Harvard Law School, an A.B. in economics from Amherst College and has more recently taken graduate coursework in education and energy policy. In 2015, Scott participated in the Colorado Cleantech Industry Association’s Energy Fellows Institute.