Within the 90-day conditions of our client’s Transition Services agreement, Finance, Accounting, Treasury, Reporting, and all other back-office activities, including launch of a digital platform, had to be established in order to manage newly acquired assets and be scalable for future acquisitions.
Our Transaction Services provided Business Process Outsourcing to support our clients’ $350MM acquisition at an investment of 1% of that value. This solution supported the expansion of our client’s business for two years, allowing them to successfully accomplish an IPO with a $4 billion market value shortly thereafter.
Read on for more information on how we successfully delivered a positive outcome for our client.
During the 90-day transition period, our client’s technology infrastructure and business applications to support field operations were successfully established to support the business without interruption.
We established a fully functional finance and accounting department able to satisfy all operational reporting requirements, provide financing support, process transactions, prepare financial statements, and implement internal controls.
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