Case Study: a PE-owned healthcare company prepares for IPO success with BDO

a PE-owned Healthcare Company prepares for IPO across 150 facilities with BDO

A PE-owned healthcare company managing over 150 independent living facilities sought BDO's assistance to prepare for an IPO. The $1.5 billion company faced significant challenges, including a lack of a common chart of accounts, a long financial close cycle, operational issues, and no finance staff with public company experience following a period of rapid growth through acquisitions.

BDO performed a holistic IPO readiness assessment and established a Project Management Office to execute a comprehensive roadmap. BDO provided interim support for key financial roles and SEC reporting. As a result, the client was able to address all critical gaps, including chart of accounts alignment, systems implementation, and internal controls remediation, with no impact to operations. BDO's support positioned the organization to successfully pursue an IPO.