| Case Studies
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Turn-around and Trade Sale
Paras approached Xenva to provide Financial Director services and operational financial control. The entire Paras Finance Function was outsourced to Xenva and the CFO provided by Xenva became part of the Paras management team. The turnaround of the Finance Function was rapid even when a completely new project management system had to be integrated into the company accounting system. When Paras was approached by its subsequent buyer within less than nine months from Xenva starting to work with Paras, the management was ready to negotiate the deal with all financial information at its finger-tips. With the experience of Xenva from several previous deals, the substantial due diligence process was completed in record time and the deal was complete on the target date. Visit www.parasconsulting.com
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Paras was a fast growing consultancy in the oil and gas arena. They had outgrown their existing financial management systems and processes and needed a revamp in order to take the company to the next stage of growth.