Bregal
Hear from the Client
“Privatal have a great selection of relevant CFO-Candidates for PE Portfolio companies in the DACH market. We've found them to be responsive, fast, clear communicators and very pleasant to work with. We highly recommend Privatal and will use them for future CFO recruitment.”
Florian Betzinger, Senior Investment Manager, Bregal
“Working with Privatal is always a pleasure and characterized by transparency and professionalism. We felt well looked after, our requests were dealt with quickly and straightforwardly, and we always had the right contacts. We are looking forward to relying on Privatal’s expertise for future projects as well.”
Peter Wohlfarth, CEO, Theobald
About
Bregal Partners backed Theobald Software is a leading provider of connectivity software, enabling its 3,500 large multinational clients to connect applications across their IT landscapes. Theobald’s solutions provide mission-critical connections between ERP and BI, CRM, and other core software.
Requirement
With this being a primary acquisition for Bregal, they needed a CFO to firstly build up the finance function, upskill the existing team, implement new systems, and create proper transparency and depth to the numbers. Secondly, the CFO needed to take pressure off the CEO-Founder, who hadn't been PE backed before.
Solution
Privatal were selected for the search, with the goal of delivering a strong shortlist of immediately available candidates at extreme speed, as Theobald didn't have a senior finance person to hold the fort and the pressure was mounting on the existing management team.
Result
The successful CFO was one of two potential candidates: both of which were introduced within 2 days of the search kicking off. The first was so strong that Bregal were ready to make an offer. They then met the second candidate, who was even better and was subsequently offered the job.
Hear froM the Candidate
"Privatal have now placed me in my third consecutive CFO Role. Their exceptional expertise in the Private Equity world meant that with each new search, I had multiple interviews lined up in just days.
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Their DACH team, led me very competently through five parallel processes. He kept me constantly informed throughout and was an invaluable party for me. Within 1 month of embarking on the joint search, I signed an Interim CFO role with a superb PE House. I can clearly recommend Mark and Privatal from a candidate perspective."
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Andreas Kolbe, Interim CFO