Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreA large Midwestern for-profit operator of Long-Term Care Institutional Pharmacies (LTCIP) with annual revenues in excess of $6.2B. The client developed, as part of their growth strategy, the plan to acquire, through asset purchases, multiple privately owned LTCIPs.
The company executed a series of Letters of Intent (“LOI”) to acquire large LTCIPs that were located on the East Coast. The LOI’s and Asset Purchase Agreements (“APA”) were negotiated throughout the year with ninety-day firm closing dates on the transactions. The client lacked the necessary skilled internal resources to perform the due diligence within the specified timeframe for closing the numerous transactions. In addition, the client lacked a formal plan to integrate new acquisitions into the corporate environment. Following each transaction, the client required an interim Chief Financial Officer (ICFO) to oversee all financial operations and develop the entire financial reporting mechanism.
Our experts were retained to complete the due diligence on numerous transactions and provide acquisition integration. In total, seven different transactions were completed, and all were integrated into a newly established regional office that was set up in Long Island, NY. The ICFO was retained for eighteen months to complete integration and to recruit and train the permanent CFO.
Joe Nappi, CTP
Senior Managing Director
Strategic Advisory Practice
+1 617 600 3602
[email protected]
> Transaction Diligence and Support
We partner with investors as trusted advisors to expertly navigate the challenging deal and investment climate. Our operational expertise is blended with an array of industry experiences, financial acumen, and technical knowledge to deliver unparalleled enterprise analysis to our clients. We leverage decades of transactional experience to understand each client’s unique situation, allowing for keen insights into diligence issues and the simplification of complex business operations.
> Integration Planning and 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