A private equity firm was preparing to exit a fast-growing, multi-location technology portfolio company. With strong revenue and EBITDA momentum and an aggressive 60–90 day timeline, the sponsor needed an interim CFO to lead audit readiness, support pro forma adjustments, and oversee the diligence process. The company’s existing VP of Finance, while capable in FP&A, lacked the accounting depth needed for a successful exit.
Service Area: Human Capital
Client Type: Private Equity Firm
Service Provider Type: Interim CFO
Industry: Manufacturing
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The Need
Interim CFO to Drive Exit
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A private equity firm was preparing to exit a fast-growing, multi-location technology portfolio company. With strong revenue and EBITDA momentum and an aggressive 60–90 day timeline, the sponsor needed an interim CFO to lead audit readiness, support pro forma adjustments, and oversee the diligence process. The company’s existing VP of Finance, while capable in FP&A, lacked the accounting depth needed for a successful exit. |
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The Challenge
Messy Books, Bad Audits, Limited Bench
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A private equity firm was preparing to exit a fast-growing, multi-location technology portfolio company. With strong revenue and EBITDA momentum and an aggressive 60–90 day timeline, the sponsor needed an interim CFO to lead audit readiness, support pro forma adjustments, and oversee the diligence process. The company’s existing VP of Finance, while capable in FP&A, lacked the accounting depth needed for a successful exit.
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How BluWave Helped
Rapidly Deployed Hands-on Interim CFO
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BluWave connected the firm with an interim CFO who had deep accounting and transaction experience. The role required several days per week onsite, and the interim CFO quickly partnered with the existing finance team and third-party advisors. Responsibilities included audit prep, data room buildout, responding to diligence streams, and helping justify addbacks to drive pro forma EBITDA improvement. The interim CFO had strong familiarity with complex revenue recognition and multi-entity operational environments.
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The Result
Financials Cleaned Up, Exit Momentum Preserved
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The interim CFO immediately stabilized the finance function and played a critical role in driving value creation ahead of exit. Pro forma EBITDA was significantly increased through validated adjustments and price initiatives, and diligence efforts were fully supported. The engagement enabled the sponsor to move toward exit with confidence, despite a compressed timeline and initial accounting gaps.
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