Success story:
Quarterback the sale
Sell-side transaction support
Background
- Services firm was going through a sale process.
- Many of its contracts were fixed price.
- The finance and accounting infrastructure was small and founder-managed.
Challenge
- Quickly become the owner and go to source of historical and forecast financial information.
- Prepare for and complete financial due diligence and closing requirements in a compressed timeframe.
- Inform and advise the owners throughout the process.
Solution
- We used our team-based process to provide accounting support as well as financial leadership and advisory services, to successfully fulfill all M&A requirements, which included full-scope due diligence by several firms.
Outcome
- Successful sale to a private equity sponsored platform company.
Success story:
Invisible resources to fill the gaps for a sale
Sell-side transaction support
Background
- Software development firm was going through a sale process.
- Required additional bandwidth to meet all of the due diligence requirements.
Challenge
- Quickly get up to speed and become the invisible force multiplier in order to provide the required M&A financial information and advice in an accurate and timely manner.
- Serve as a resource for the CFO, controller, bankers, and auditors for accounting and M&A questions as they arose during the process.
Solution
- We used our team-based approach to flex up and down as the various due diligence requests and processes arose.
- Our consultants and managers were able to provide detailed, in-depth analyses, and our partners/senior advisors served as resources to explain the financial information provided, as well as requested.
Outcome
- Successful sale to a Fortune 500 strategic firm.
- Our role in the process went largely unnoticed by the acquirer.
