Case Studies

Real engagements, real outcomes. See how Traverse fractional, interim, and project CFOs help growing and middle-market companies solve their toughest financial challenges.

Every engagement starts with a different trigger — a covenant breach that needs an interim CFO within days, a growth-stage company preparing for a raise that needs a fractional CFO embedded part-time, or a founder heading toward a sale who needs a project CFO to own the process end to end. The case studies below walk through three of those situations in detail: how a 13-week cash flow model rebuilt a lender's confidence, how standardizing net revenue retention and other SaaS metrics helped close a Series B, and how a quality-of-earnings story and a clean data room moved a healthcare business toward a signed letter of intent.

Interim CFO · Distressed Situation
Industrial Manufacturing  ·  ~$70M Revenue

Rebuilding Lender Confidence After a Sudden CFO Departure

When a covenant dispute collided with an unexpected CFO resignation, Traverse deployed an interim CFO in four days to stabilize cash and restore the bank's trust.

18 Days
to a signed covenant waiver, backed by a credible 13-week cash flow model
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Fractional CFO · Capital Raise
B2B SaaS  ·  ~$18M ARR

Turning a Spreadsheet-Run Finance Function Into a Series B Story

A fast-growing SaaS company had strong growth and no finance leadership investors could underwrite. A Traverse fractional CFO standardized net revenue retention, CAC, and LTV, then ran diligence directly.

$22M
Series B closed, above the founder's original $18M target
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Project CFO · Sale Readiness
Healthcare Services  ·  ~$45M Revenue

Preparing a Healthcare Services Business for a Clean Exit

A founder-owned business needed to go to market within six months, but its financials weren't ready for buyer scrutiny. A Traverse project CFO built the quality-of-earnings story and the data room.

5 Months
from kickoff to a signed letter of intent
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These case studies are anonymized composites drawn from representative Traverse engagements. Client names, exact figures, and identifying details have been adjusted to protect confidentiality; the situations, approach, and results reflect the kind of outcomes Traverse CFOs regularly deliver.

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