Sale of the Business

A fractional CFO can assist businesses with many distinct or integrated services. The following provides brief descriptions of some of those services.

Sale of
the Business

We have extensive experience on both sides of this activity. Selling a business requires an information package that includes financial summaries. This is usually given to targeted prospective buyers who are asked to sign non-disclosure agreements before receiving the information. When potential buyers respond with interest, the CFO will help management understand the impact of each interested buyer, focusing on the amount, structure, tax implications and the synergy of the offering. When the offers are narrowed down to one, the fractional CFO will take a front and center position in the due diligence process. This is a grueling detailed process to allow the purchaser to complete the purchase with a level of confidence that the company is as presented.

What People Are Saying

Carl Solomon is a veteran Chief Financial Officer who has extensive experience working with and advising technology companies. I have worked with Carl for over a decade and through all of our dealings he demonstrated the utmost in professionalism. Carl has deep knowledge of all finance issues critical to technology companies, including preparing a company for sale and concluding a successful transaction, management reporting, SRED and a wide variety of other government incentive programs. Carl is also approachable, a strong team player and a pleasure to collaborate with.

Deep Knowledge of All Finance Issues

Peter Matutat
Partner, BDO Canada LLP

Carl, you have been a valued colleague and contributor within our executive team. Your service as an independent contractor acting as our Chief Financial Officer over these years has been exemplary and your leadership and guidance throughout many difficult circumstances has been greatly appreciated. I personally have appreciated the opportunity to work closely with you over my four years as Chief Operating Officer and I have benefitted greatly from that experience.

Thanks Carl!

Chris Lewis

I have known Carl for 6+ years as a seasoned financial executive who finds creative solutions to achieve strong business results. I worked with Carl on many occasions and was always impressed with his thorough approach to solving complex issues. He got things done in a most efficient manner. Carl has high integrity standards and was very respected by the teams he was working with. I would highly recommend Carl to any companies in any industry to benefit from his skills and experience.

Finds creative solutions to achieve strong results

Mike Arazyan
Senior Account Manager, RBC