Challenge:
Initially retained by FVLCRUM in October 2023 to identify a CFO for portfolio business AITC, we ran a successful search for a candidate based in Florida. We secured a strong hire within five weeks that met all the search parameters and niche experience required for the role.
Three months later, AITC’s CEO resigned. We won the search to find a new leader for the business. The search parameters were robust – an established CEO with relevant industry experience, from a private equity background, with M&A experience and local to the Orlando metropolitan area.
The additional challenge was the sector. Many businesses in Government contracting are located in the D.C. metro area, so the candidate either needed to be local already or be willing to relocate.
Action:
We presented the initial shortlist of candidates three weeks after the kick-off call. Six candidates were interviewed and all were deemed strong; three candidates moved on to final round interviews and one was selected. The entire process took 5 weeks. We found a local candidate who spent 50% of his time in the D.C. metro area.
Impact:
The successful candidate started as AITC’s CEO in March 2024.
Ivette DeJesus, CFO at AITC, said: “Finatal’s private equity market knowledge and CFO recruitment experience sets them apart from all of their competitors I have ever worked with. They placed me in such a short time frame…leaving nothing but great things to say about them. They are urgent, proactive, responsive and incredibly personable and I strongly recommend [them] for PE firms searching for their next hire.”
