On this episode of Insight Into Interim Leaders, McDermott + Bull Interim Leaders Business Director Julie Francis explains how interim leaders can support companies post-acquisition.

How Do Interim Leaders Help Companies After an Acquisition?

Private equity firms reach out to McDermott + Bull Interim Leaders to assist post-acquisition. We recently worked with a private equity firm that had invested in an e-commerce company. They needed an interim Chief Financial Officer (CFO) to step in and assist with the due diligence and accelerate the closing process. They also required assistance implementing a more robust monthly reporting package, and they wanted the CFO to act as a liaison between the private equity firm and the e-commerce organization’s executive management team. Our interim CFO stayed on to help transition the permanent CFO into their role, ensuring that vital institutional knowledge was transferred and the transition went smoothly.