Special situations
Finance leadership when time is short.
Interim CFO work, liquidity and cash reporting, capital structure and restructuring support, carve-outs and transitions. For companies under pressure, in transition, or facing a deadline they are not yet ready for.
Engagements are scoped to the situation: a few weeks of focused work, or a seat held for as long as it takes. Every conversation starts confidentially.
Where we come in
The situations owners and boards call us about
Distress is rarely one problem. It is usually a finance function under-resourced for what the business is going through right now.
The CFO seat is empty
A departure, a leave, or a business that has outgrown its finance function faster than it has hired for one.
Cash is the binding constraint
Liquidity decides what happens next, and the forecast the business runs on is not the one a lender will accept.
The lender is in the conversation
A covenant is tight or already breached, and the relationship needs analysis behind it rather than assurances.
A unit has to come out
A division is being separated or sold, and it has never had standalone financials, systems, or reporting.
A transaction is coming, fast
A sale or raise is on the horizon and the numbers are not yet ready to be examined line by line.
The board needs a clearer picture
Reporting that shows what is actually happening in the business, on a cadence the board can rely on.
The work
What we do
Three kinds of work, often running at once. Which of them an engagement needs depends entirely on where the business is.
Finance leadership
Interim CFO
A senior finance operator in the seat, while you search for a permanent hire, or for the length of a situation. Scope is set to what the business needs.
FP&A, management and board reporting
Building the planning and reporting a company needs to make decisions, and implementing it rather than just specifying it.
Financial crisis guidance
What has to happen this week, what can wait, and what the lender, the board, or a counterparty needs to hear.
Liquidity and capital structure
Liquidity and short-term cash reporting
Short-term cash forecasting and the recurring reporting lenders and boards ask for, alongside the work to free up liquidity inside the business.
Capital structure
A clear read on how the balance sheet is put together, what it can carry, and where it constrains the operation.
Debt restructuring
Working through terms, covenants, and amendments with lenders, and preparing the analysis those conversations require.
Transactions and transitions
Carve-out management
Standing up a business unit to be separated: financials, systems, people, and the reporting a buyer or new parent will expect.
M&A preparation
Getting the financial house in order before a process starts, so diligence does not surface what preparation should have.
Transition management
Holding the operation steady through a change in leadership, ownership, or structure, so the business keeps running while the change happens.
How it works
How an engagement starts
No long proposal process. In a situation like this, the first useful thing is a straight conversation.
A confidential conversation
You describe the situation. We give you a straight view on whether this is work we should be doing, and what we would look at first.
A scoped engagement
What we would do, in what order, over what period, and at what cost. In writing, before any work begins.
In the seat
We work alongside the management team rather than from the outside. You get the reporting and the decisions, not a diagnosis and an invoice.
If the situation is heading toward a sale rather than a fix, the engagement changes shape.
See how our sell-side engagement worksStart a confidential conversation.
Tell us what the business is facing and on what timeline. We will tell you plainly what we would look at first, and whether this is work we should be doing.
- A confidential conversation about the situation
- A plain read on what needs to happen first
- A scoped engagement, in writing, before work begins
Request a confidential conversation
All information is kept strictly confidential