Key metrics:
  • Set up carve-out as a standalone business​
  • Recoup $9M in value ​​​
Value levers pulled:
  • Carve-out planning & execution ​​
  • Merger integration planning & execution
  • Sell-side readiness​

Picture this...

You’re a recently acquired SaaS company carve-out from a listed corporate entity, and your sponsor is looking for an experienced partner to help support the development and negotiation of the transition service agreement, head up your Separation Management Office (SMO), lead your finance function stand-up, and serve as interim CFO. ​

You turn to Accordion.

We work shoulder-to-shoulder with your sponsor and management team to ensure a smooth transaction, and then to set up a standalone finance function with key workstreams that include budgeting, financial reporting, bank reporting, onboarding a new CFO, and ERP selection and implementation. Specifically, we: ​

  • Support Management in setting up the business standalone for Day 1 and leading the finance function. ​​
  • Develop and manage a detailed plan to stand up the key functions, including IT, HR, legal, and finance.​​
  • Implement an interim finance function where we play key leadership roles, including FP&A support and interim CFO.​​
  • Draft the go-forward finance organizational design, ready for the incoming CFO to execute.​​
  • Immediately assess the closing and operational standalone requirements. ​​
  • Collaborate with your management team to develop a streamlined pre-close execution process to address complex IT, operational, and finance requirements.​​
  • Maintain a detailed, task-oriented stand-up plan as part of the SMO effort, including managing the buyer’s professional relationships to avoid duplication and reduce fees.​​
  • Provide finance expertise for the new ERP system implementation and process re-engineering related to the finance function, including training and transition to the new finance team.​​

Your value is enhanced.

Achieving limited disruption to the core business and identifying the right cost structure (leading to the appropriate bid and balance sheet funding), you’re successfully ready for Day 1 as a standalone business with a robust, independent finance function. We’re also able to help you recoup $9M in value through finding discrepancies in the seller’s accounting policies. ​

You’re now set up to scale as an independent business. ​

Enhanced value:

You reap multiple benefits, including:

  • Carve-out as a standalone business​
  • Recoup $9M in value ​​​​