Search for CFO To Lead Funeral Home Expansion

PE Firms
Human Capital
Value Creation

Service Area: Human Capital

Client Type: Lower-Middle Market PE Firm

Service Provider Type: Finance Executive Search Firm

Industry: Retail

The Need
New CFO Amid Expansion

A lower-middle market PE firm needed to initiate a search for a new CFO for its portfolio company in the retail sector, focusing on funeral home and cremation services. This was prompted by the departure of the current CFO to a role with a larger company, leaving a gap in strategic financial leadership during a critical phase of expansion and acquisitions.

The Challenge
CFO with Industry-Specific and Transactional Experience

The firm sought a CFO with experience in managing multi-site service companies, ideally with a background in retail or similar sectors that involve consolidating family-owned businesses. The candidate needed to possess transactional experience to support the company’s aggressive acquisition strategy, aiming to close four to seven per year.

How BluWave Helped
Identifying a Specialized Finance Executive Search Firm

BluWave connected the PE firm with a finance executive search firm renowned for its expertise in the retail sector and specifically within the niche of funeral home and cremation services. This firm was chosen for its broad network, ability to present a wide array of candidates and experience with multi-site service companies undergoing consolidation.

The Result
Successful Placement of a CFO to Drive Future Growth

The search culminated in the successful recruitment of a CFO who not only met the criteria for industry experience and transactional expertise but also aligned with the company’s culture and growth objectives. This strategic hire positioned the company to continue its expansion and consolidation strategy effectively, with a strong leader at the helm of its financial operations.

Provided good summaries of each candidate. At or above what we are used to seeing. Was available and able to move quickly. Really liked working with them. Managed the process very well.

-SVP of PE Firm


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