Interim CFO with PE Experience for Tech Software Company

PE Firms
Value Creation

Service Area: Interim Executives

Client Type: Lower-Middle Market PE Firm

Service Provider Type: Interim CFO

Industry: Technology – Software

The Need
PE-Grade Interim CFO

A lower-middle-market PE firm sought to support its recent acquisition of a tech software company specializing in IT solutions and tools. With an impressive revenue of more than $10 million, the company lacked prior PE backing and a CFO.

An interim CFO was identified as the perfect solution to provide hands-on support in professionalizing finance functions and building a robust team. This person would also need to be well-versed in PE-backed environments and possess revenue software experience.

The Challenge
Professionalizing Finance Function in Complex Business

The tech software company, despite its strong revenue performance, needed to establish a solid financial infrastructure. With a first-time PE backing and debt on the books, the company faced complexities in handling low friction, high-velocity sales. The challenge was to find an Interim CFO capable of driving financial transformation, implementing strategic processes and aligning financial operations with PE expectations.

How BluWave Helped
Empowering Financial Professionalization

BluWave provided the PE firm with multiple industry-specific interim CFO candidates. The PE firm quickly identified and engaged with the best fit. Possessing deep experience in professionalizing finance functions for SaaS businesses after acquisitions, BluWave’s recommendation quickly addressed the company’s needs.

The Result
Driving Growth and Financial Excellence

Taking a hands-on approach, the interim CFO collaborated with the existing controller to streamline finance processes, implement best practices and optimize reporting structures. Additionally, the CFO provided strategic insights aligned with the company’s long-term objectives, enabling scalability and improved resource allocation.

The tech software portfolio company established a robust finance function tailored to PE-backed businesses. The organization achieved heightened financial visibility, improved data-driven decision-making and effective financial resource allocation.


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