Case Studies
Industries: Technology, Software Technology/Hardware Technology
Primary Services: Interim Management
Our client is the parent company and recent acquirer of two operating subsidiaries:
The parent company recently acquired both subsidiaries in simultaneous acquisitions and required an interim CFO until a permanent CFO could be identified and retained.
Our scope included, among other responsibilities, the management of the accounting/finance personnel, development of a weekly cash flow forecast, updating the current annual budget, evaluation of the portfolio companies’ existing financial systems and processes, and treasury management.
Our experts served in the interim CFO function for ~3 months, from the time of the portfolio company acquisitions until a permanent CFO was retained and onboarded.
During that time, we identified and tracked a comprehensive list of KPI operating metrics, managed the combined treasury functions, and updated the combined current year budgets. Additionally, our experts developed a detailed CFO onboarding package which included a review of critical, internal processes and recommendations for operational improvements going forward. Finally, we managed the annual renewals of the companies’ insurance policies.
Joe Nappi, CTP
Senior Managing Director
Strategic Advisory Practice
+1 617 600 3602
[email protected]
> 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.
> 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.