Interim Management/CRO: High Tech Manufacturing

Howley Associates LLC, retained by national PE firm to work with portfolio company during management transition and lender negotiations.

Responsible for finance and control function during management transition period.

Worked closely with sponsor and lending group to revise capital structure

Andy Howley and his team asssumed full management for financial functions including:

  • Accounting, reporting, treasury, and back office
  • Interaction with lending group
  • Development of annual budget
  • Financial planning model as basis for capital restructuring negotiations
  • Recruiting permanent CFO, and transitioning responsibilities

Close working relationship throughout the process with all parties including:  outside counsel, lending group, external auditors, PE sponsor.

Andy Howley, Andy Howley Associates, CRO, Interim Management, Portfolio Company, Private Equity Sponsor, Private Equity, Management Transition, operational restructuring,