Hired by management of a technology company looking to conduct a management buyout (MBO). Provided advisory services including preparing a business plan and financial projections, and identified the necessary additional collateral to complete the deal. Management team gained control and made the anticipated course correction in the company’s operations. Revenue increased 33% in year one… Continue reading Industry: Technology
Type of Service: M&A/ Liquidity Event
Archives: Posts
Industry: Technology
Industry: Business Services
Type of Service: M&A/ Liquidity Event, Technical Accounting
Engaged by a $2 billion publicly-held staffing company planning to spin off its $150 million revenue technology division. Services included meeting public company reporting standards, and ensuring information and records were in format for required public company filings. After nine months, the company successfully spun off its technology division via a separate legal entity with… Continue reading Industry: Business Services
Type of Service: M&A/ Liquidity Event, Technical Accounting
Industry: Nonprofit
Type of Service: Finance Transformation, Accounting & Finance Outsourcing
The CFO of a non-profit engaged CFO Consulting Partners (“CFOCP”) to streamline the management report preparation process for the Board of Directors, and to fix data integrity problems. CFOCP reorganized the chart of accounts, reformatted management reports and mapped the numbers from the revised chart of accounts to the new management report. The result was… Continue reading Industry: Nonprofit
Type of Service: Finance Transformation, Accounting & Finance Outsourcing
Mortgage Financing Company
Issue The Controller of a $1 billion (in assets) mortgage finance company departed at the beginning of its annual audit process. The audit, however, could not be delayed. The company needed an Interim Controller who could come up to speed quickly, manage the accounting function and lead the year-end audit process. What We Did We… Continue reading Mortgage Financing Company
Industry: Financial Institutions
Type of Service: Technical Accounting, Planning & Control
Hired as project manager for the completion of a capital plan required by regulators. The assignment was to develop an accurate and reliable financial forecast which included asset quality concerns and the impact of loan losses on capital ratios. Assisted senior management to develop a plan to ensure capital ratios exceeded regulatory minimums. Forecasts of… Continue reading Industry: Financial Institutions
Type of Service: Technical Accounting, Planning & Control
Industry: Financial Institutions
Type of Service: Pre-audit, Technical Accounting
Engaged as interim CFO of a $2.0 billion publicly-held national bank with significant credit quality issues. The bank was facing potential restatement of prior year’s financial statement reporting. Worked with the board, management team, and external auditors and determined restatement was necessary. Worked with external auditors to complete the audit, restated public filings and amended… Continue reading Industry: Financial Institutions
Type of Service: Pre-audit, Technical Accounting