Full-Cycle Financial Leadership for
Your Deal.
Serving
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Small Cap Private Equity Groups
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Independent Sponsors
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Small Business Owners ($5M-$50M)
Pre Transaction Readiness | Transaction Support | Post Transaction Continuity
Pre-Transaction Readiness
Transitioning Lifestyle Business’s → Value-Driven Growth Company
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Strategic CFO and Controller support.
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Establish scalable financial infrastructure to transition from a Lifestyle Operation to disciplined, value driven growth company.
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Implement forecasting, KPIs, and cash-flow visibility to demonstrate predictable, repeatable growth.
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Strengthening systems, processes, and reporting to increase valuation and reduce transaction risk.
Transaction Support – Quality of Earnings (QoE)
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While traditions CPA firms focus on historical GAAP accuracy, we focus on what matters to the investors – the deal story, sustainability, and future cash flow capacity.
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Prepare clean, defensible financials to accelerate diligence and minimize buyer adjustments.
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Act as the financial quarterback coordinating with advisors, auditors, and stakeholders throughout diligence to make sure the deal continuance plan is exceeded.
Post-Transaction Continuity
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Continued Fractional CFO and Controller partnership.
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Ensure seamless financial handoff and integration for new ownership or PE partners.
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Stand up post-close reporting, covenant tracking, and operational rhythm for the first 100 days.
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Support management through transition—stabilizing cash flow, enhancing visibility, and protecting value creation plans.
Our Services
Fractional CFO
Controller & Operations
Transaction Support
We give you a complete finance function that scales from tight day-to-day control to strategic leadership and deal-ready execution. As your Fractional CFO, you get an executive partner who turns numbers into direction: clear cash visibility, a decision-driving forecast, and board-level reporting. Our Controller & Operations layer builds the foundation. Clean books, disciplined close, GAAP policies, and standardized reporting, so you can trust every metric. When it’s time to transact, Transaction Support brings precision to diligence and integration: data room organization, QoE support, working-capital peg, lender packages, and Day-1/30/90 playbooks that keep momentum.
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Navigate growth with proven guidance and make your next move with confidence
“Success is not final, failure is not fatal: it is the courage to continue that counts.”
Winston Churchill
CASE STUDIES
RECENT PROJECT SUMMARIES
Quality of Earnings Research & Reporting for an Independent Sponsor
Client Background
A $20M recreational safety engineering company, operated by the same family for over 40 years, was preparing for a sale as the owners planned for retirement. An Independent Sponsor pursuing his fifth acquisition, engaged us to complete a limited Quality of Earnings (QoE) review to validate financial performance and support the deal process.
Scope of Work
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Identified and adjusted typical owner-related personal expenses.
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Analyzed contracts for the company’s top 10 clients.
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Reviewed recurring revenue sources to ensure continuity post-closing.
Key Findings
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Several long-standing client relationships spanning more than 35 years played a significant role in recurring revenue stability.
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The seller’s reliance on personal relationships introduced transition risks, impacting valuation and deal structure.
Results & Impact
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The buyer, a strong operator but less financially experienced, relied on our analysis to confirm the accuracy and viability of the company’s financials.
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Our findings enabled the buyer to negotiate a reduced initial purchase price and shift more value into an earnout tied to successful revenue transition.
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The limited QoE report provided the Independent Sponsor with the documentation needed to secure financing for the acquisition.
Overall Outcome
Our team bridged the financial and accounting complexities of the transaction, uncovered relationship-based revenue dependencies, and helped structure a more favorable deal—resulting in a lower upfront cash payment and a performance-based three-year buyout arrangement.
Financial Transformation & Reporting Overhaul for a $25M+ Residential Home Builder
Client Background
A rapidly growing residential home builder generating $25M+ in annual revenue and budgeting more than 40 new homes for 2025 operated as a classic lifestyle business. The owners were focused on sales and construction operations, with little to no financial management infrastructure.
Initial Findings
Our initial assessment revealed significant gaps in financial management and reporting:
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Bookkeeping performed only for tax preparation—no GAAP-level accounting
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No internal Controller or bookkeeper
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No project-level job costing or profit tracking
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Zero accounting completed for the first half of the current year
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Inaccurate or nonexistent reporting to multiple debt investors
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Investors were receiving returns of 20%+ due to outdated interest structures
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Very limited financial literacy among management
Work Performed
We executed a full financial system rebuild while stabilizing current operations:
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Partnered with the CPA firm to bring the current year accounting up to date and began corrections for the prior four years.
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Deployed one of our Fractional Controllers to implement scalable GAAP-compliant reporting systems.
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Modernized accounting processes to include:
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Comprehensive job costing and project-level P&Ls
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Weekly financial updates and KPI review meetings
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Established a new investor interest structure yielding 8–10% returns—saving the company approximately $350,000 annually.
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Corrected historical interest reporting and tax filings, resulting in a $140,000+ tax refund.
Results & Impact
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Reliable and timely accounting with the Fractional Controller now needed only ~3 hours per week for updates and oversight
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Monthly financials closed and delivered to the Executive Team by the 15th of each month
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Full job costing and weekly project visibility established
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Accurate project-level P&Ls upon completion
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Significant ongoing cost savings and improved profitability driven by updated investor terms and corrected historical errors
Overall Outcome
This company had been operating without financial visibility, relying entirely on operations and sales instincts. By engaging our team, they gained accurate weekly and monthly reporting, project-level insights, and a financial leader who now supports banking relationships and investor communications—creating a stable capital structure for growth.
Most importantly, our work delivered immediate and measurable ROI:
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$140,000+ tax refund from corrected accounting
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$350,000+ in annual savings from restructured investor interest
We transformed the business from a lifestyle operation into a financially informed, scalable enterprise.
Why True North?
You don’t need a six-figure CFO to get board-level finance. You need the right expertise at the right moments. We plug in with decades of operator experience; installing cash discipline, decision-ready reporting, and a plan you can run, at a fraction of the cost.