Private Equity Solutions

Resources

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Article

Signs Your Portco Isn’t Ready for an Exit (+ How to Prepare)

Identify and address these warning signs to maximize your valuation and ensure a successful exit.
Finance as a Service

How Consero Clients are Transforming the Finance Function with Finance as a Service

Consero hosts Synacor and RecoveryOne how Finance as a Service successfully transformed their finance functions into agile, cost-effective powerhouses.
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Events and Webinars

How Outsourcing Helped Two CFOs Transform the Finance Function [Webinar]

Investor-backed CFOs share how Finance as a Service transformed their finance functions and delivered remarkable cost savings.
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Article

Common Finance Mistakes Made by Private Equity Portfolio Companies

The finance and accounting team of a Private Equity portfolio company needs to deliver clear financial insights and do it quickly. However, these teams often ...
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Article

How Outsourcing Helps Private Equity Firms Manage Costs During Economic Disruption

Leveraging outsourcing is one of the best ways for PE firms to gain a competitive advantage, particularly when managing costs is critical.
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Article

How Private Equity Firms Help Their Clients By Outsourcing Finance & Accounting?

We can all agree that efficient communication is the most critical bridge between private equity firms and their clients. Since regulatory requirements are constantly changing, ...
Article

How Private Equity Firms Maximize Portfolio Value by Outsourcing Finance & Accounting

To strengthen and continuously improve their private equity portfolio, private equity firms need to go beyond the traditional role of being a mere provider of ...
Article

How Could Outsourcing Finance & Accounting Help Your Private Equity Firm?

To achieve the level of productivity and efficiency that allows a private equity firm to maintain financial stability and ability to scale, many PE firms ...
Justin Kustka of BV Investment Partners
Private Equity Solutions

Why BV Investment Partners leveraged Finance as a Service to grow and improve the finance function of their portfolio companies

Justin Kustka of BV Investment Partners discusses why they turned to Consero for help with the finance teams at their portfolio companies.
Carveouts Culture counts
Article

Carveouts: Enhancing the culture of the finance & accounting group

When PE firms carve out a business unit to create a standalone entity, they shouldn’t neglect the culture surrounding the finance group, according to Mike ...
Back Office Holding Back 3
Article

Graceful exits: Why Private Equity firms embrace Finance as a Service to ensure a swift and smooth due diligence

Private equity firms shouldn’t discount the role that sound financial operations and processes can play in selling a portfolio company, says Chris Hartenstein of Consero ...
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Article

3 ways private equity firms get post-acquisition value creation

Private equity firms experience many problems in the post-acquisition period. The portfolio company is acquired, but now what? How do you turn the company into ...

Consero FaaS: Disrupting the Outdated Traditional F&A Model

Transformation
  • Cash to GAAP conversion
  • Clean-up work
  • Interim oversight & support
  • Accounting software Implementation

Build it Yourself Solution

  • CFO / Interim CFO
  • Consultants / VARs

Consero FaaS Solution

  • CFO / Interim CFO
  • or Consero Interim CFO
  • Consero Setup/Transformation
Ongoing F&A
  • Monthly financials
  • Daily accounting support
  • Management reporting
  • Integrate add-on acquisitions

Build it Yourself Solution

  • CFO
  • Controllers & Accounting Team
  • Enterprise Accounting Applications

Consero FaaS Solution

  • CFO
  • or Consero Fractional CFO
  • Consero FaaS Enterprise F&A Software and Services

New PE Platform Investment F&A Challenges

Founder Owned Company Accounting:
  • Existing accounting done on a cash/hybrid basis
  • Run on SMB accounting software and other disparate applications
  • Inability to produce auditable financials
  • Lack of know-how to develop projections & KPIs
  • No consistency/structure to customer contracts
  • Underqualified staff
  • Non-scalable manual processes
Carve-Out Accounting:
  • Required to move off parent company accounting applications in a timely fashion
  • Have to build an entire F&A team
  • No documented operational policies and procedures
To Optimized Finance & Accounting:
  • Monthly financials available in 5-10 business days
  • Audit and diligence ready support details
  • Integrated enterprise grade accounting software
  • Budget and forecast reporting
  • Business KPIs
  • Efficient & scalable processes for rolling in add-ons