Hyperwallet’s $400M sale to PayPal hinged on clean, investor-grade numbers and fast, confident diligence.
Consero’s Finance as a Service (FaaS) stabilized the finance function, standardized reporting, and added on-demand capacity so leadership could focus on the deal, knowing the financials were diligence-ready.
Hyperwallet at a Glance
- Scale: ~$65M in revenue; ~325 employees
- Industry: Online/mobile payments platform
- Ownership: PE-backed by Primus Capital
- Outcome: Acquired by PayPal in a $400M transaction
The Situation Before Consero
Before engaging Consero, Hyperwallet’s finance organization was stretched thin, creating risk for a high-stakes exit.
Key Challenges:
- High churn within the finance function disrupted continuity
- Strategic priorities were displaced by day-to-day accounting fire drills
- Reporting lived in manual Excel models that needed deeper analytics and audit readiness
Finance as a Service (FaaS) Solution
Consero rapidly deployed a scalable operating model to professionalize reporting, tighten controls, and add on-demand capacity.
- Right-sized finance bench: Experienced, on-demand team that scales with the deal timeline
- Investor-grade reporting: Accurate, timely, audit-ready financials for diligence and boards
- Modern workflows: Standardized software and processes for closing, reporting, and transactions
- Flexible back office: Transaction processing, monthly close, and reporting delivered as services—not headcount
Results
With Conero’s FaaS in place, Hyperwallet moved from reactive firefighting to predictable, investor-ready execution.
- Continuity & control: Standardized policies and process flows enabled reliable hard closes and freed executives to run the deal process
- Faster diligence: Clean, timely financial packages supported well-informed diligence and rapid LOI responses
- Deal execution: Consero operated seamlessly with bankers, counsel, and management during the sale to PayPal
- Lower total cost: The model delivered ~31% savings versus the prior in-house setup
Why This Matters for Exits
These improvements directly reduce transaction risk and accelerate time to close.
- Reduces execution risk: Consistent closes and audit-ready reports minimize late-stage surprises
- Accelerates timelines: On-demand capacity handles requests and Q&A without bottlenecks
- Preserves leadership focus: Management focuses on valuation, strategy, and negotiations—not spreadsheet rebuilds
- Scales post-transaction: The operating model can continue after close to avoid disruption and rebuild costs
“With Consero, I was able to focus on the transaction and not worry about getting the financials in order. Their professional finance team and processes inspired confidence for everyone involved in the due diligence process,” said Christian Fadel, CFO of Hyperwallet.
Get Exit-Ready Before the LOI
Hyperwallet maximized its sale with investor-grade numbers, disciplined closes, and a flexible finance bench; a consistent outcome working with Consero.
FaaS delivers clean, consistent reporting, airtight controls, and on-demand capacity so leadership can run the process, protect valuation, and move fast with confidence.
If an exit is on your roadmap, request a meeting and we’ll outline a tailored exit strategy that includes a complimentary assessment and scorecard of your existing financial systems.
