Service(s) Provided:
Finance & Accounting Advisory
Situation:
Vector was engaged by the independent sponsor of a newly formed collision center roll-up that was actively in the market purchasing founder-owned collision center locations across the greater southwest and Texas geographies of the US.
Vector’s Approach:
Vector Advisory provided financial leadership for integrating newly acquired collision centers leveraging the platforms investment’s SOPs and technology. The engagement included liaising between the PE sponsors and acquired businesses to train, integrate, and implement all financial aspects of the company.
Results:
Over a 9-month period, Vector’s Interim CFO resource contributed to the acquisition and integration of six businesses totaling nine locations and three regions across Texas. Additionally, Vector led process improvement and scaling initiatives to centralize accounting, transition payroll providers, and transition banking relationships. Our efforts to date have led to a 47% increase in top line growth.