The PE firm was ready to sell its diagnostic supplies and equipment manufacturer and was looking for a financial expert to get them across the finish line.
Service Area: Financial Modeling & Analysis
Client Type: Upper-Middle Market Private Equity Firm
Service Provider Type: Independent Consultant with Financial Expertise
Industry: Healthcare
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The Need
Ready to sell one of its portcos, the PE firm was looking for an outside expert to provide pre-sale diligence
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The PE firm was ready to sell its diagnostic supplies and equipment manufacturer and was looking for a financial expert to get them across the finish line. |
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The Challenge
Financial expert to help prepare a portco for sale
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The individual would need to help review quality of earnings, perform a market study, validate a financial model, coach management on pitching, and most importantly, be able to close the books and handle data requests. |
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How BluWave Helped
Connected the client witha PE-grade CFO
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BluWave provided three experienced resources – all with CFO experience – from its pre-vetted network in less than 24 hours. We were by the firm’s side throughout the vetting calls, and helped them choose a best-fit option. |
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The Result
Consultant comes on-site and helps the PE firm close the sale in the same calendar year
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Months after signing on the independent consultant, who worked on-site throughout the process, another PE firm purchased the portco. The consultant helped the organization with pre-sale diligence, optimized its finance function and ensured a smooth handoff to new ownership. The buyers commented on the strong foundation and high growth potential of their new asset. The selling PE firm was equally pleased with the process. |