VerseOne Technology, a dynamic software and services firm based in Surrey, is led by an ambitious entrepreneur with a clear vision: to scale the business and prepare for a successful exit within five years. To achieve this, strengthening the company’s financial management was a top priority.

Challenge:

As VerseOne moved closer to a potential sale, it became evident that the company needed an experienced CFO to provide strategic financial leadership. This role was pivotal in improving financial reporting, ensuring robust management information, and eventually leading the exit process—particularly in handling intellectual property within the business sale. Initially structured as a part-time role (five days per month), the expectation was that the CFO’s responsibilities would expand over time.

Our Engagement:

Having worked closely with the Chairman on previous projects, we were entrusted with sourcing a CFO who not only had exceptional financial expertise but also a deep understanding of software businesses and corporate transactions.

Strategy & Execution:

We leveraged our extensive network and industry knowledge to identify highly qualified candidates. Our approach focused on:

• Targeting portfolio FDs/CFOs with strong backgrounds in the software industry, particularly those with expertise in business disposals and intellectual property.

• Researching companies that had successfully navigated business sales in the past decade to identify professionals with relevant experience.

• Conducting a comprehensive search, utilizing both direct outreach and strategic advertising to attract top-tier talent.

After meticulous screening and evaluation, we curated a shortlist of highly suitable candidates, ensuring they aligned with VerseOne’s objectives and future plans.

Outcome:

VerseOne successfully recruited a seasoned CFO with extensive experience in the software sector and a proven track record in managing complex business sales. This individual brought valuable financial insights and a strong understanding of intellectual property dynamics—critical for guiding the company through its next phase.

Result:

The new CFO seamlessly integrated into VerseOne’s leadership team, enhancing financial oversight and positioning the company for both growth and an eventual sale. Our strategic recruitment process ensured that VerseOne secured the right expertise at the right time, with the flexibility for the role to expand as needed.

Conclusion:

This project highlights the value of a tailored recruitment strategy in securing high-caliber senior finance professionals. By partnering with us, VerseOne not only addressed a critical hiring challenge but also gained a CFO who will play a key role in shaping the company’s future. Our ability to understand the nuances of senior financial recruitment ensured a seamless and successful outcome.