(An excerpt of this story appeared in CFO.com.) By Tim Jung A private equity firm just bought your promising firm with high hopes. You estimate that the company will be sold again for a much higher margin within 60 months. But your finance team has trouble closing the books in a timely manner. So, what… Continue reading How CFOs Upgrade Finance Team to Prep for Private Equity Resell
Author: avalentino
Turnaround & Restructuring Advisory
Here at CFO Consulting Partners, our hands-on approach to restructuring, turnaround and performance improvement initiatives in challenging times drives measurable results, preserves value and reduces risk. Our battle-tested services in liquidity, debt capital management and crisis management can help you retake control of your company and restore its financial equilibrium. Stage your comeback. Learn more… Continue reading Turnaround & Restructuring Advisory
Restating Financial Statements (Forgings)
Industry: Midsize (Pipe Fittings and Forgings Company) Client Overview This privately held forgings company, which began as a cannon ball manufacturer during the Civil War, manufactures specialty, seamless and welded pipe fittings. Challenge During a period of several years, the company distributed financial statements that were not in accordance with generally accepted accounting practices (GAAP).… Continue reading Restating Financial Statements (Forgings)
Exit Strategies: How Construction Companies Utilize ESOPs With Private Equity
By James J. McKay More than 40% of the current U.S. construction industry plans to retire in the next decade. A portion of that number will include construction company ownership. So, are you ready? You built the company from scratch during the last 40 years, navigating shutdowns, lockdowns and a slew of macro and micro… Continue reading Exit Strategies: How Construction Companies Utilize ESOPs With Private Equity
What Your Bank’s Finance Team Is Missing
The banking world continues to evolve. And almost all their finance teams have a huge gaping hole. Here’s a hint: CECL, more documentation and new transactions. What could those three items need? More specifically, how could your finance team do a better job at managing those new demands? A dedicated, full-time accounting policy resource could… Continue reading What Your Bank’s Finance Team Is Missing
Audit Preparation and Management (Financial Services)
Industry: Financial Services Client Overview A provider of specialized financial services to other financial services companies had highly efficient processes for serving customers but was having trouble closing its books timely and accurately, as well as completing its annual independent audit in a reasonable time frame. Challenge The company had not closed its books for… Continue reading Audit Preparation and Management (Financial Services)