CFOx recently provided buy-side financial due diligence services for the first acquisition of a newly-formed driving school platform. After the acquisition, CFOx was engaged to set up the accounting function and provide recurring CFO services. The Northeast-based platform was established by an independent investor.
As part of the initial accounting set up, the CFOx team implemented a new accounting software system and developed a proper Chart of Accounts. On a go-forward basis the team will implement additional processes and procedures, complete month-end close, and provide monthly financial reporting.
The CFOx team will further develop the platform’s accounting infrastructure as it scales and makes new acquisitions.
Transaction Services Provided:
- Buy-Side Quality of Earnings
CFO Services Provided:
- Accounting Integration and Transition Services
- Fractional CFO