Algo, a PE-backed enterprise software company helping retailers and consumer brands turn disconnected data into confident decisions, needed a modern alternative to an in-house finance team to pursue strategic acquisitions and secure growth capital.
The executive team used Consero’s strategic CFO Advisory Services to complete an audit, stabilize the finance function, and build an acquisition-ready operation—especially critical after an unexpected CFO departure shortly after onboarding.
What Was at Stake for a PE-Backed Acquirer
Algo aimed to strengthen its finance function to unlock growth capital and integrate future acquisitions with confidence.
Shortly after onboarding, Algo faced an unexpected CFO departure, creating an immediate need for senior financial leadership.
- The CEO needed a senior finance leader to support a potential capital raise, evaluate acquisition targets, and handle ad hoc research.
- The existing finance function lacked the efficiency to close the books on time or confidently integrate future acquisitions.
- Cash management and vendor spend required tighter control.
- Month-end close lagged, delaying visibility and slowing decisions.
- The team needed a budget, forecast, and actionable KPIs to guide the business.
- Accurate, timely financials had to be communicated effectively to the board.
- Anticipated acquisitions would add operational and reporting complexity.
Consero’s Strategic CFO Services in Action
Consero quickly stepped in with a seasoned, strategic CFO to implement proven processes and create structure, speed, and discipline across finance.
- Immediately took charge of the cash conversion cycle, financial planning, and analyzing the company’s financial strengths and weaknesses to propose corrective actions.
- Established a timely month-end close process, delivering audit-ready reporting and developing the budgets and forecasts needed to guide the business.
- As a partner to the CEO, Consero’s CFO defined and evaluated key metrics, represented Algo in board meetings, and led the negotiation and terms of a corporate spin-off.
Results That Accelerated Strategic Momentum
Algo gained the financial discipline and insight needed to drive intelligent business decisions and achieve its objectives.
- Strategic CFO Guidance: The on-demand CFO helped the business navigate risks and opportunities, driving improved profitability and growth.
- Increased CEO Capacity: With tighter reporting and direct coordination across management, the CEO focused more time on high-impact initiatives.
- Enhanced Insights: Greater financial discipline optimized cash and vendor spend, delivered accurate and timely data, and elevated KPI-driven recommendations.
- Confident Board Representation: Consero effectively communicated financial results, goals, and the company’s strategic direction to the board with deep knowledge and insight.
Built for M&A Readiness
By stabilizing core finance operations and embedding strategic leadership, Consero positioned Algo to pursue acquisitions with clarity and control.
- Completed audit preparation and established reliable close processes.
- Created the reporting cadence and KPI framework needed to integrate future targets.
- Prepared executives and the board with the information required for capital raises and strategic transactions.
If you need a proven pathfinder to navigate your next growth stage, Consero offers the scalable, accurate, and insightful financial management needed to achieve your goals.
- Prepare for acquisitions.
- Gain investor-grade financial discipline without building an internal team.
Connect with Consero to establish a scalable, acquisition-ready finance function and achieve results like Algo.
