Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreJ.S. Held performed an operational assessment and served as interim CFO for a building service provider growing the Company to more than $8 million in annual revenue. The client was a $3 million privately held building cleaning and service provider based in Virginia.
The Company tried to fund its unsuccessful entry into the residential building industry by accumulating nearly $500,000 in past due withholding taxes.
After an initial operational assessment, we structured a financing arrangement with a commercial finance company and negotiated a settlement with the IRS. J.S. Held assumed the interim role as CFO and focused on reducing labor costs, reducing supply costs, more efficiently managing cash flow and improving marketing efforts. Because of our experts’ actions, the Company had grown to more than $8 million in annual revenue.
Joe Nappi, CTP
Senior Managing Director
Strategic Advisory Practice
+1 617 600 3602
[email protected]
> Executive Leadership and Interim Management Services
When portfolio companies face critical vacancies and skill gaps, our experts step into executive and management roles and serve as part of the organization’s leadership team. Whether an opening is a result of a recent officer resignation, the need for added support during busy periods, or to bridge an extended job search for the right individual, we provide experienced executives who ensure stability and immediately add value.
> Office of the CFO & Corporate Finance Support
The financial function is a critical partner in value creation in most businesses. We provide unparalleled support to the Office of the CFO to shape organizational strategy and enhance long-term business value. As CFOs and finance leadership across sectors face increasing demands, understaffing, and unprecedented challenges, we deliver guidance regarding financial planning and operations improvement, risk mitigation, and strategic business intelligence.