The Challenge
A leading interventional pain company, known for its innovative minimally invasive treatments for lumbar spinal stenosis, initially engaged CPAClub for expert guidance on a pre-IPO SOX implementation to strengthen financial controls and ensure compliance.
As the company prepared for an IPO, an unexpected acquisition shifted its focus from IPO-readiness to post-acquisition integration, introducing new regulatory reporting requirements, complex acquisition accounting, and operational hurdles that required a rapid strategic pivot.
The Journey
| Timeline | Crew | Chiefs | Captains | Term |
|---|---|---|---|---|
| September – December | ✓ | ✓ | ✓ | Monthly |
| January – February | ✓ | ✓ | Monthly | |
| March – August | ✓ | Monthly |
The Solution
Midway through the company’s subscription pass, CPAClub quickly adapted to support its new post-acquisition priorities, ensuring a seamless transition. Our team:
- Provided acquisition accounting guidance, helping navigate post-merger financial reporting.
- Managed compliance tasks, including 1099 and Sunshine Act reporting.
- Streamlined month-end close processes, improving efficiency and accuracy.
- Shifted focus from IPO readiness to ensuring financial integration and stability.
The Impact
CPAClub tackled the company’s regulatory and financial challenges, optimizing operations and reducing costs while delivering a premium passholder experience with lasting value.
- On-demand expertise – Our subscription model gave the company instant access to specialized guidance, helping them navigate post-acquisition complexities without disruption.
- Seamless transition – Our agile approach enabled a smooth pivot from IPO readiness to post-acquisition integration, maintaining all compliance functions under their existing services agreement with no new SOWs or scope changes required.
- Operational excellence – Enhanced month-end close processes and optimized financial reporting boosted accuracy and efficiency, reducing the burden of manual intervention.
- Cost efficiency – Our flexible model eliminated the need for additional contracts or proposals, delivering substantial cost savings while ensuring continuous, high-quality support.
- Five-star passholder experience – Through proactive, tailored support, we turned operational challenges into opportunities, reinforcing trust and delivering a truly five-star experience.
