Case-study

Interim and Surge CFO for $75M Specialty Transportation Company

In order to support a recent private-equity backed portfolio company acquisition, an interim CFO was needed to lead the finance function for a specialty transportation provider

Situation

  • A recent acquisition by a leader private-equity group for the specialty company resulted in a void in the Office of the CFO​
  • The finance function was immature from the previous founder-led group and needed a complete overhaul​
  • Additional target companies would need to be integrated and an approach developed to leverage the process​
  • As the Company conducted a search for a full-time CFO, an interim CFO, supported by surge resources was identified as an enabling approach

Bespoke Solutions

  • SLKone deployed a small team of focused resources to fulfill the needs of the Office of the CFO​
  • A full-time, interim CFO was sourced and placed to lead the finance function​
  • Specialist resources were deployed to support key activities including: budgeting, cash flow modeling, and dashboard and metric creation

Leading With Results

  • Stood up the finance function. Through the interim resources, a functioning office of the CFO was developed including routine, scalable processes to enable future growth.​
  • Transitioned to a full-time, in-house resource. After assuming the CFO position for 12-months, a successful candidate was hired to fulfill the full-time role. SLKone conducted knowledge transfer and training to fully hand-off the responsibilities.