In the Summer of 2021 a supplier of automotive components to hotrod and vintage car enthusiasts was referred to My CFO, wanting to transition away from the business. The My CFO team went to work preparing the business for a transition. In November of 2021 a sale was closed and transition to a strategic, publicly traded buyer began. Here is how the owner describes the experience and results.
In October of 2021, a client of My CFO’s accounting and advisory services was approached by a private equity firm consolidating like businesses across the region. My CFO successfully supported the owners of an industrial supplier through the private equity acquisition, balancing their personal, financial, and business goals. In the short video, the client describes what My CFO’s work means to him and his family.