Following an acquisition from a multi-billion international transportation related products and services group, a global private equity firm engaged A&M to help transform the accounting organization and underlying business processes of the acquired business.
A&M was initially engaged to provide accounting advisory services to enable the client to prepare its closing balance sheet and other necessary purchase accounting adjustments. A&M then built a roadmap to transition finance and accounting functions from prior ownership to enable reporting compliance requirements as a new stand-alone legal entity.
A&M was also essential to the successful completion of the new entity’s first year-end audit as well as three subsequent quarterly reviews. The client successfully carved-out and stood-up the new business’s back office within a period of ten months.