The Company
Industry: Building Materials
Entity Type: PE-Backed
Operating Region: Western U.S.
Size: $275M
The PROBLEM
Amid rapid growth and ongoing acquisitions, the company faced instability within its finance department. Following the Controller’s resignation and growing concerns about the CFO’s alignment with company objectives, the leadership team needed an interim executive to stabilize operations and provide accounting oversight during a key transitional period.
The Solution
McDermott + Bull Interim Leaders placed an experienced CFO with a CPA, MBA, and 20 years of global leadership in PE-backed environments. They stepped in to manage the accounting team, lead acquisition-related financial work, and drive operational improvements across core finance activities.
The RESULT
Over the 11-month engagement, the interim CFO maintained continuity through leadership changes and ensured timely,accurate financial reporting. They also supported the integration of newly acquired entities, helping to establish a strong foundation for long-term stability and scalability.
Acquisition Integration
Led purchase price allocation and financial due diligence for three acquired entities.
Operational Controls
Finalized Q3 close, completed bad debt and inventory reserve analyses, and investigated a $129K fraud claim.
Process Improvements
Formalized customer set-up and credit procedures across the newly integrated Texas region.
James Hickey
Senior Managing Director, McDermott + Bull Interim Leaders
hickey@mbexec.com
James Hickey serves as a Senior Managing Director for McDermott + Bull Interim Leaders, helping companies with mission-critical needs for talented executives during key points in their life cycle. He also works closely with Private Equity Groups to help their portfolio companies when there are gaps in leadership or to provide additional support to the team during critical transactions.