Case Studies
Industries: Manufacturing, Consumer Products
Primary Services: Interim Management, Financial Forecasting
Our client was a $75 million Mulch Manufacturer headquartered in Maine with operations primarily in the Northeast and Mid-Atlantic that is a portfolio Company of a Mid-Atlantic based private equity fund.
The Company had recently acquired a mulch producer with operations in Virginia and North Carolina, and was struggling with integrating the acquisition.
Our experts were engaged to serve as interim CFO of the recently acquired entity, and reorganized and re-engineered the tasks, duties and work processes of the accounting and finance personnel, introduced general accounting, finance and treasury practices, integrated the parent’s standard chart of accounts and converted the acquired entity to Great Plains financial reporting software, modified their order entry and sales module, developed cost accounting standards, and prepared a detailed financial forecast.
Within 10 weeks, the finance and accounting functions of the acquired entity had been seamlessly integrated with those of its parent and a full time CFO had been hired. Today, the Company is one of the largest and most profitable independent producer of mulches and soils in the United States.
Joe Nappi, CTP
Senior Managing Director
Strategic Advisory Practice
+1 617 600 3602
[email protected]
> Integration Planning & Execution
In collaboration with a portfolio company’s management and private equity sponsor, we assist clients to seamlessly integrate and align business functions, operations, systems, and company cultures. Our hands-on approach puts our experts at the tip of the spear, leading the transformation of an organization with purpose and positioning them for long-term, sustainable growth.
> Executive Leadership & 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.