Private Equity
INDUSTRY
50
EMPLOYEES
$15M
ANNUAL REVENUE
PE Investment Accounting Department Pop-Up
VIP SOLUTIONS CASE STUDY
BACKGROUND
Following a purchase of a new portfolio company, our Private Equity client needed support formalizing and facilitating monthly accounting and borrowing base processes.
We collaborated with the PE operating partner to ensure that the portfolio company was fully integrated and onboarded into the firm’s reporting tools.
OBJECTIVES
Manage month end closing activities and prepare transition leadership plan
Enhance fixed asset accounting
Manage borrowing base calculation during interim
Prepare bottoms-up forecasting
Manage cash control
SOLUTIONS
Created FP&A communication cycle for executive leadership
Prepared a fixed asset ledger and developed depreciation schedules
Prepared and reviewed the borrowing base calculation
Developed a cash flow forecast and oversaw cash management
Successfully performed a
seamless transition in 90 days
with no interruption
