I specialize in providing comprehensive transition accounting services for private equity (PE) sponsors, focusing on post-acquisition processes including Opening Balance Sheets (OBS), Purchase Accounting, and converting cash to GAAP accounting. My expertise ensures that PE sponsors receive timely and accurate closing statements, GAAP financial reporting, and efficient closing processes for newly acquired companies.I have extensive experience in creating and reviewing Buy-side and Sell-side Quality of Earnings (QoE) packages, including in-depth financial statement analysis, GAAP adjustments, pro forma adjustments, Net Working Capital, cash proof, and aligning Net Income to tax filings. These analyses are critical for post-close purchase accounting, OBS preparation, and the creation of financial packages for PE sponsors, ensuring a smooth transition and financial clarity.Additionally, I leverage my skills in Financial Planning & Analysis (FP&A) to provide clients with actionable insights, helping them optimize financial performance and identify areas for improvement. By applying Six Sigma continuous improvement tools, I help clients streamline processes, enhance pricing strategies, and implement cost-effective solutions that drive profitability and operational efficiency.With a track record of delivering precise, timely, and actionable financial reports, I am committed to supporting PE sponsors in achieving financial stability, improving business operations, and optimizing their investment outcomes post-acquisition.
Lean Group Consulting
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Founding PartnerLean Group Consulting Nov 2024 - PresentI specialize in providing comprehensive transition accounting services for private equity (PE) sponsors, focusing on post-acquisition processes including Opening Balance Sheets (OBS), Purchase Accounting, and converting cash to GAAP accounting. My expertise ensures that PE sponsors receive timely and accurate closing statements, GAAP financial reporting, and efficient closing processes for newly acquired companies.I have extensive experience in creating and reviewing Buy-side and Sell-side Quality of Earnings (QoE) packages, including in-depth financial statement analysis, GAAP adjustments, pro forma adjustments, Net Working Capital, cash proof, and aligning Net Income to tax filings. These analyses are critical for post-close purchase accounting, OBS preparation, and the creation of financial packages for PE sponsors, ensuring a smooth transition and financial clarity.Additionally, I leverage my skills in Financial Planning & Analysis (FP&A) to provide clients with actionable insights, helping them optimize financial performance and identify areas for improvement. By applying **Six Sigma** continuous improvement tools, I help clients streamline processes, enhance pricing strategies, and implement cost-effective solutions that drive profitability and operational efficiency.With a track record of delivering precise, timely, and actionable financial reports, I am committed to supporting PE sponsors in achieving financial stability, improving business operations, and optimizing their investment outcomes post-acquisition.
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Private Equity ConsultingE78 Partners Jan 2023 - Nov 2024E78 delivers advisory, talent, and managed services that address the critical finance, technology, and transformation challenges faced by PE sponsors and corporate leaders across the middle market through Fortune 500 companies. We are more than just a consultant; we are a trusted ally, in the trenches, partnering with our clients in a collaborative manner to accelerate value creation. Beyond a broad array of thoughtfully integrated service offerings, E78 brings deep sector and functional experience to each engagement. Our expert teams, led by seasoned corporate and PE executives, excel in combining the elements of visibility and control to enable agile, cost-effective, and profitable growth. It’s what enables us to see between the lines, anticipate problems before they arise and understand what clients are really solving for. E78 has earned recognition from various authorities and industry leaders for our remarkable growth and accomplishments. This includes Inc. Magazine, which has featured E78 on their Inc. 5000 list for five consecutive years as one of America's fastest-growing companies. Additionally, Crain's Chicago has ranked E78 in the Crain’s Fast 50 as the tenth fastest-growing company in Chicago. Welcome to the Power of E. -
Director Private Equity ConsultingOutliers Llc Jan 2023 - Nov 2023
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Director, Sales Operations & FinanceSoftheon Jun 2022 - Jan 2023 -
Director, Sales Operations & FinanceNexthealth Technologies Jan 2022 - Jun 2022Denver, Colorado, United States -
Manager, Financial & Sales OperationsAgility Recovery Jan 2021 - Jan 2022 -
Manager, Fp&AAgility Recovery Aug 2019 - Jan 2021Providing senior management with the analysis and information needed to make major operational, financial, and strategic decisions. In addition, running the annual budgeting process as well as managing cash flow forecast models, variance analysis, and other financial performance tools. -
Senior Financial Analyst, Fp&AAgility Recovery Jul 2017 - Aug 2019Denver, ColoradoProviding senior management with the analysis and information needed to make major operational, financial, and strategic decisions. In addition, running the annual budgeting process as well as managing cash flow forecast models, variance analysis, and other financial performance tools. -
Director, Revenue ManagementAgility Recovery Jul 2016 - Jul 2017Supporting the sales cycle and providing business analytics from pricing strategy to custom solutions which meet the customers' needs. In addition, negotiating contracts, providing guidance and leading the Sales Operations Team. -
Solutions ArchitectAgility Recovery Nov 2015 - Jul 2016Supporting the sales cycle from a technical perspective by working with customers to better understand how we can help them during a disaster. Understanding the customers' complex network infrastructure to provide a custom solution during a time of recovery. In addition, negotiating contracts and putting contracts/deals together. -
Customer Solution Design Engineer Ii - Ip & SecurityLevel 3 Communications Mar 2015 - Nov 2015Design,implement and maintain solutions for customers' networks. -
Ip Technician IiiLevel 3 Communications Dec 2013 - Mar 2015 -
Technical Service Center TechnicianLevel 3 Communications Apr 2012 - Dec 2013Broomfield, CoConfiguring and troubleshooting Juniper, Cisco and Alcatel routers and switches on backbone and enterprise environments. -
Technical DirectorFlatirons Community Church Apr 2007 - Apr 2012Maintained and supported the audio/video/lighting of a 4,000-seat auditorium and managed a team of 50+ volunteers to run services. -
Technician IiiPyramid Communications Dec 2004 - Apr 2007Primarily was an onsite technician supporting the Nortel PBX phone systems at Kodak Company, United at Denver International Airport and First National Bank.
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Technician IiNextiraone (Formally Williams Communications) May 2000 - Jun 2004Field technician supporting phone systems including Nortel PBX's and Key Systems. Was also an onsite technician for Agilent Technologies supporting their Nortel PBX.
Derek Swanson Education Details
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Business Administration And Management, General -
Business Administration And Management, General -
Pomona High SchoolDiploma
Frequently Asked Questions about Derek Swanson
What company does Derek Swanson work for?
Derek Swanson works for Lean Group Consulting
What is Derek Swanson's role at the current company?
Derek Swanson's current role is Founding Partner | Private Equity Consulting at Lean Group Consulting.
What schools did Derek Swanson attend?
Derek Swanson attended Community College Of Denver, Community College Of Denver, Pomona High School.
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Derek Swanson
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Derek Swanson
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