CFOx provided transaction and accounting support to a New York-based independent sponsor acquiring two adventure tourism businesses. The engagement spanned preclose due diligence through post close accounting implementation, creating a seamless transition for new ownership.
The CFOx Transaction Services team delivered buy-side due diligence for two distinct targets: an international guided bike tour operator and a US-based mountain guide company. Given the differing business models and accounting complexity, the scope included a Buy-Side Quality of Earnings analysis and a Cash to Accrual conversion, both executed concurrently. This approach provided the sponsor with clear, decision-ready insights across both entities within a single transaction timeline.
Following close, the CFOx Accounting Services team supported new management with process implementation and accounting setup. The team continues to provide hands on monthly accounting services for the US based entity, along with high level financial reporting for the international tour business.
By leveraging multiple CFOx service lines, the client benefited from a coordinated handoff from diligence to ongoing operations. This integrated approach reduced friction, accelerated post-acquisition stability, and helped preserve value from day one.
If you would like to learn more about our Accounting Services or Transaction Services, please reach out via email (info@cfoxadvisory.com) or schedule a call directly on our Contact Us page.
Transaction Services Provided:
- Quality of Earnings (QoE) Analysis
- Cash-to-Accrual Conversion Analysis
Accounting Services Provided:
- Accounting Processes and Procedures
- System Implementation
- Monthly financial reporting & accounting services
