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Emerging growth companies typically have
financial and operational needs that exceed the founding management
team capabilities and/or bandwidth. Substantial value and leverage
can be achieved through senior financial and accounting leadership,
though this leadership is generally not part of the founding team
due to resource constraints, and the lack of depth and breadth for
a full time position. BlackFord Partners provides the premier solution
to the organization as its First CFO™. Utilizing and leveraging
BlackFord qualifications, experience, and network, allows the CEO
to dedicate undivided attention to developing the technology, building
business channels and recruiting key team talent.
BlackFord works directly with the CEO and
senior management team as the lead financial officer to develop
and manage the enterprise financial and administrative infrastructure,
including cash and risk management, human resource development,
investor relations, etc. BlackFord engagements are generally recurring
one to two days a week, though can expand to support the organization
through financing efforts, strategic planning, business transactions,
etc. At the appropriate time, BlackFord can lead or participate
with the identification and transition to a full time CFO.
BlackFord’s principals and associates
have successfully managed the early stage growth of many of San
Diego leading technology companies in the Telecom / Communications,
Biotech / Life Sciences and Software markets. With over 40 years
of combined experience, and having closed approximately $500 million
in financing and M&A transactions, BlackFord principals and
associates have the expertise and relationships to provide value
to the organization on its rapid growth path and engage with management
to create value.
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