Case study
Aeris Cleantec AG
Aeris Cleantec, faced the challenge of managing accounting and financial services across its international operations while preparing for a high-stakes acquisition by iRobot. This case study highlights the partnership between Aeris Cleantec and Fintrust Partners to address these challenges and achieve remarkable results.
Aeris Cleantec embarked on a hyper scaling journey with the impending acquisition by iRobot. The company required meticulous financial due diligence for the acquisition, spanning a six-month period. Simultaneously, Aeris Cleantec sought a financial services partner to ensure day-to-day operations remained robust during the acquisition process.
Aeris Cleantec ag
Services provided
FinTrust Partners offered a comprehensive set of services to meet the company's needs:
- Group Level Consolidation
- Ensured accurate financial reporting across all subsidiaries, enabling streamlined tracking of financial performance.
- Business Modeling Setup
- Developed a robust financial model to project future growth and facilitate strategic decision-making
- Forecasting Reports
- Generated accurate forecasts to aid in planning and resource allocation during the acquisition phase.
- Tax Advice
- Provided expert tax advice tailored to the Swiss entity's unique requirements
- Accounting and Payroll
- Managed complex accounting processes for both Swiss and US entities, ensuring compliance with local regulations.
Aeris Cleantec ag
Results
The collaboration between Aeris Cleantec and FinTrust Partners yielded remarkable outcomes:
- 10x Revenue Increase YOY
- The diligent financial planning, accurate reporting, and strategic support played a pivotal role in driving an impressive tenfold increase in revenue year-over-year.
- Dedicated Finance Team
- Aeris Cleantec benefited from a dedicated team of financial experts who understood the company's goals and supported its growth trajectory.
- Cost-Efficiency
- Engaging FinTrust Partners proved to be a cost-effective solution, costing only half of what an internal Swiss financial team would have required.
- Smooth Acquisition Process
- The financial due diligence conducted played a significant role in a successful and well-informed acquisition by iRobot.
- Operational Excellence
- With a reliable partner handling day-to-day operations, Aeris Cleantec could focus on its core business activities.
Pierre Bi
Former Aeris Cleantec AG CEO
“FinTrust was a hands-on, dedicated and reliable partner despite the massive growth of the company and during the company acquisition process by iRobot. It was like building a house. We didn't grow by chance. It was the result of a dedicated team working together.”
