We hope everyone is enjoying the start of spring and has had a strong start to the new year. As we ramp up into Q2, the Monomoy team looks to continue serving our clients across our various lines of business.
Here are some of the ways Monomoy has helped our clients recently –
- Assisted a recently public life sciences company with the accounting for their IPO, including the accounting for their new ESPP and a buildout of the accompanying expense attribution schedule.
- Supported an automotive technology company during bankruptcy proceedings by preparing its Form 10-K and providing guidance on complex accounting and financial reporting matters.
- Program managed a cross-functional scoping exercise for a Fortune 500 retail client, to identify opportunity areas for transformation via automation and labor arbitrage via outsourced labor.
- Helped a foreign biotech with a dual listing on NASDAQ by reviewing IFRS financials, assisting with the draft of the SEC filings, and providing PCAOB audit assistance.
- Supported three companies with systems implementation, including NetSuite, and SAP. Including technical specifications, SOX compliance, vendor master data, fixed assets, and leases.
- Filled a key finance role during a leave of absence, leading monthly close activities and supporting SOX readiness and IT controls testing.
- Assisted a life sciences company with developing a budget for cash reduction, deriving numerous levers to extend cash beyond clinical milestone, and reviewed non-binding term sheet, providing board and management team with areas to increase company value.
- Helped a clinical-stage company, by bringing in two strategic investors one of which entered into a collaboration agreement concurrent with the close.
We are seeing trends in the market, including –
- Capital markets continue to improve with a growing number of IPOs occurring and an increase in strategic transactions, including licensing and M&A deals.
- Continued interest in international assets, both from a public market perspective and a strategic perspective.
- Robust activity on the private equity front across multiple industries, with acquisitions building platform companies in a variety of strategic areas.
- Recent regional instability has caused continued concern, resulting in some companies remaining conservative and adopting a “wait and see” approach.
oy team specializes in the following support services:
• Interim finance
• Business process consulting/project management
• Accounting advisory
• Decision support
Our clients include Life Sciences, Technology / SaaS, Industrial, Consumer / Retail, and Services companies, both publicly traded and privately held, including venture capital and private equity-backed entities.
We would sincerely appreciate it if you could take a moment to “follow” our LinkedIn page at https://www.linkedin.com/company/monomoy-advisors/. Our focus is on thought leadership, insights, and other relevant content, including real-time updates on current events.
