ACQUIRE
Know what you’re buying.
Understand earnings, working capital, and the financial implications of the deal.
- Target & earnings analysis
- Acquisition and financing scenarios
- Diligence preparation & coordination
Institutional finance for PE-backed companies
Expert-led finance.
AI-native by design.
Experienced finance professionals and one connected platform, running your accounting, reporting, and financial operations.
Finished reporting.
Ready for your decisions.
Your Ordovar team prepares, reviews, and delivers the work. You get finished reports, a clear view of performance, and experienced people to discuss what comes next.
June 2026 · Management brief
Performance, explained.
Reviewed by Ordovar
- Revenue
- $6.48m
- +$280k vs. plan
- Adjusted EBITDA
- $1.12m
- +$120k vs. plan
- EBITDA margin
- 17.3%
- 16.1% planned
The operating readout
Growth carried through to earnings.
Revenue contribution more than offset higher payroll, lifting adjusted EBITDA 12% above plan. Your June close is complete.
How this brief was prepared
AI prepared the source records and reconciliations. Ordovar resolved accounting judgments, completed the close, and reviewed the reporting. You review the finished outputs.
Business performance
Revenue
$2.48m
↗ +$80k (+3.3%) vs budget
Revenue ahead of budget
Subscription and managed services each contributed $40k above plan.
Growth continued in August
Revenue increased 5.1% from July, from $2.36m to $2.48m.
- EBITDA
- $620k
- EBITDA margin
- 25.0%
- Cash at bank
- $4.80m
ActualBudget
Jan–Aug 2026Revenue mixAugust 2026
Subscription revenue$1.62m+$40k
Managed services$680k+$40k
Acquisition planning · Sample assumptions
See the financing impact.
- Annualized EBITDA
- $8.0m
- Base business
- Net debt
- $24.0m
- Existing net debt
- Leverage headroom
- 1.0×
- $8.0m debt capacity
Illustrative covenant test
Net debt / EBITDA3.0×net leverage
0×4.0× maximum
$24.0m net debt ÷ $8.0m annualized EBITDA = 3.0×.
No synergies or integration costs modeled. The example uses a simple net-debt test.
Scenario assumptions
USD millions- Base EBITDA
- $8.0m
- Base net debt
- $24.0m
- Add-on EBITDA
- +$2.0m
- Additional net debt
- +$12.0m
Headroom = 4.0× less modeled leverage. Debt capacity = 4.0× EBITDA less net debt.
Financial diligence · Example request list
The diligence work, handled.
| Request | Response status |
|---|---|
| FIN–01Revenue testingRevenue bridge & sample invoices | |
| FIN–02Debt & covenantsDebt schedule & covenant test | |
| FIN–03Working capitalReceivables aging & collections |
Read the finished response or see what your Ordovar team is following up on.
Platform preparationOrdovar reviewResponse delivery
Explore performance, acquisition scenarios, and diligence.
Illustrative views · sample dataBuilt for the demands of ownership
A professional finance function.
From the start of ownership to exit.
Your Ordovar team runs the finance function through acquisition, growth, and exit.
Who we serve
For CEOs and their investors.
- PE-backed companies
- Search fund–acquired businesses
- Independent sponsor-backed businesses
INTEGRATE
Bring the business together.
Turn another entity into a coherent part of your finance operation.
- Opening balances & purchase accounting
- Group reporting & intercompany work
- Post-acquisition performance tracking
PREPARE TO EXIT
Be ready to tell the story.
Build the financial record that helps buyers understand the business you’ve built.
- Maintained financial diligence materials
- Earnings & working capital schedules
- Investor waterfalls & proceeds models
The continuous financial data room
Your data room. Kept ready.
Financial statements, schedules, and supporting records organized as the work happens. Your Ordovar team manages diligence requests through completion.
The people behind your finance function
Private equity experience.
On your team.
Discuss your finance team
Our team brings experience across private equity, investment banking, hedge funds, and search funds.
We run the accounting, deliver reviewed reporting, and support board and transaction decisions. Your Ordovar team owns the financial workstream through audit and diligence.
You receive finished reports and a team accountable for delivery.
A complete finance function
From the monthly close
to the next transaction.
Select a service.
See the work behind it.
THE CLOSE, CONNECTED01 / 08
Month-end working papersJUNE / SAMPLE
Your close.
Completed.
Account / workpaperBalanceReview
1010 Operating cash$775,000Reviewed
1200 Receivables$620,000Reviewed
2000 Accounts payable$410,000Reviewed
2100 Accrued expenses$85,000Reviewed
Bank statementReconciliationLedger
Exceptions brought forward.
Support retained. Judgment applied.
CASH & CAPITAL CAPACITY02 / 08
Four weeks ahead.
Room to operate.
Closing cashSample forecast / $000s
Net leverage3.0×
Current4.0× limit
1.0× headroom against the sample limit
Illustrative: $24m net debt ÷ $8m covenant EBITDA. Actual calculations follow your credit agreement.
03 / FINISHED OUTPUT
Board and sponsor reporting
The numbers, the narrative, and the questions to anticipate.
THE WORK, DELIVERED01. 03
ORDOVARBOARD REPORTING
Example Group / June
Your business,
in perspective.
Revenue against plan
USD, millionsActualPlan
What changed
June revenue finished $280k ahead of plan. Adjusted EBITDA was $120k above plan.
The next four weeks
Illustrative cash plan| Week | Inflows | Outflows | Closing |
|---|---|---|---|
| Week 1 | $240k | $205k | $810k |
| Week 2 | $185k | $260k | $735k |
| Week 3 | $270k | $215k | $790k |
| Week 4 | $210k | $195k | $805k |
What needs attention
Cash begins at $775k. Week 2 includes a larger payment run; confirm collection timing beforehand.
A focused board conversation
- 01
Performance against plan
Explain the revenue and cost movements.
- 02
Cash and commitments
Review the coming payment cycle.
- 03
The decisions ahead
Connect the financial outlook to priorities.
THE NUMBERS. THE CONTEXT.
THE DECISIONS AHEAD.
THE DECISIONS AHEAD.
BOARD PRESENTATION SUPPORT04 / 08
Walk into the
room prepared.
01
The numbers, the narrative,
and the questions to anticipate.
THE CONTINUOUS FINANCIAL DATA ROOM05 / 08
Financial diligenceSAMPLE INDEX
The record,
already taking shape.
01
Monthly financialsStatements · trial balances · commentary
Organized02
Earnings & working capitalSchedules · adjustments · supporting records
In review03
Debt & obligationsAgreements · calculations · certificates
OrganizedBUYER REQUEST 2.04Support the revenue bridge.
Linked: monthly ledger, revenue schedule.
Ordovar review: adjustment checked and documented.
THE DAILY WORK, UNDER CONTROL06 / 08
A clear path
from bill to books.
01
Invoice received
CapturedVendor · amount · supporting record
02
Matched & coded
PreparedAccount · entity · duplicate checks
03
Authorized review
ApprovalThe right approver. The full context.
04
Payment & reconciliation
NextApproved payment run · ledger support
People stay in control.
The platform moves the work forward.
Your Ordovar team manages the accounting and exceptions.
OWNERSHIP, MADE VISIBLE07 / 08
The structure.
The value to each owner.
HOLDCOPortfolio Holdings
OPERATING COMPANYCore business100% owned
OPERATING COMPANYAdd-on business100% owned
Illustrative proceeds allocation$10.0m available
Investor A $8.0m
Investor B $2.0m
Simple 80 / 20 example. Waterfall models follow the agreed ownership terms and distribution tiers.
ACQUISITION THROUGH EXIT08 / 08
Another company.
One clear view.
CORE BUSINESSGroup accounts
NEW ACQUISITIONOpening balances
CONNECTED GROUP REPORTINGConsolidate. Compare. Explain.
Entity mappingIntercompanyAdjustments
Integration workplan
Opening balance reviewFinance team
Group policies & reportingFinance team
Transaction evidence retainedData room
AI prepares reconciliations, entries, and supporting schedules. Your Ordovar team reviews the accounting and delivers finished financial statements, with the detail behind them in place.
- Financial statements & multi-entity consolidation
- Revenue recognition & reconciliations
- Clear review responsibilities
Know what you can fund, where cash gets tight, and what your lenders need. Your Ordovar team maintains the forecast, calculates covenants, and prepares lender reporting.
- Budgets, rolling forecasts & scenario planning
- Covenant calculations & compliance monitoring
- Lender reporting & certificates
A clear view of performance for management, the board, and your sponsor. Financials, operating KPIs, and commentary tell one coherent story.
- Board-ready & sponsor reporting packets
- Actuals, budgets & performance drivers
- Financial commentary & management reporting
Experienced finance professionals help you turn the numbers into a board conversation: what happened, why it matters, and the decisions ahead.
- Board presentation preparation
- Management narrative & financial analysis
- Meeting preparation & questions to anticipate
The platform assembles schedules, evidence, and draft responses. Your Ordovar team manages requests, reviews the work, and follows through on delivery.
- Audit preparation & supporting schedules
- A maintained financial data room
- Diligence requests managed through completion
Your Ordovar team manages billing, collections, and vendor obligations through connected workflows. Clear controls keep business approvals with the right people.
- Accounts payable & payment preparation
- Billing, receivables & collections
- Contract obligations & approval controls
See how the business is structured and how value flows to its owners. Model investor returns and distributions using your agreed economic terms.
- Legal entity & ownership diagrams
- Investor waterfall modeling
- Distribution & exit proceeds scenarios
Financial expertise through acquisition, integration, and eventual sale. Bring each add-on into group reporting and build the record for your next transaction.
- Target analysis & acquisition modeling
- Purchase accounting & roll-up integration
- Earnings, working capital & exit preparation
A fast start.
A clear handover.
Rapid data migration, a deliberate review,
and a finance team taking ownership.
- 01
Connect & import.
Bring your systems, entities, and historical records together.
- 02
Reconcile & set up.
Check balances, identify cleanup, and establish your reporting.
- 03
Take on delivery.
Your Ordovar team runs the close and agreed recurring work. You receive finished reports.
Institutional finance.
At a fraction of the cost.
AI reduces the manual work. Our experts own the delivery. You get an institutional finance function at substantially less than the cost of building it in-house.
A defined scope. A predictable monthly fee. Additional work agreed in advance.
Explore your team and costYOUR FINANCE ENGAGEMENT
- The team & platform
- One engagement covering the technology and the finance work agreed for your business.
- The recurring work
- Defined deliverables, review responsibilities, reporting dates, and a monthly fee.
- The big projects
- Acquisitions, historical cleanup, and other additional work scoped and approved in advance.
Compare the full cost: delivery team, platform, implementation, project work, and any roles you retain in-house.
Before we
get to work.
Discuss your situation Am I getting a finance team or software?
Both. Your Ordovar team runs the agreed accounting and financial operations using our connected platform. We prepare, review, and deliver the work. You receive finished reports, visibility into performance, and experienced people to discuss the numbers with.
Will I need to manage the accounting in the platform?
No. Your Ordovar team handles the accounting and journal entries. Your view is built around finished reports, business performance, and decisions that need your judgment.
Can you work alongside my CFO or controller?
Yes. We can support an existing finance leader or handle a broader finance function. We agree who owns each activity and approval, so your internal team has clear responsibilities and the support it needs.
How does migration work?
Our team manages data import, account mapping, historical reconciliation, and reporting setup. We agree the records to bring across, identify any cleanup work, and establish who owns each recurring deliverable. Your systems and the condition of the records determine the transition plan.
What does a continuous data room cover?
It keeps financial statements, supporting schedules, and evidence organized through the regular finance workflow. Audit and transaction-specific requests are handled as they arise, with clear ownership of missing information and follow-up.
How do I know what is included in the fee?
Your proposal sets out the recurring deliverables, responsibilities, platform access, and monthly fee. Projects such as acquisitions or historical cleanup are scoped and approved before work starts.
Put better finance
behind your business.
Tell us about your company, your finance team, and the priorities ahead, from improving the close to preparing for an acquisition or exit.
A conversation about your business.
A clear view of what we can take on.
A clear view of what we can take on.