CFO - PORTFOLIO SEARCH - MANUFACTURING - USA

April 19, 2022

The Appointed Executive

CFO

Maarten Oostendorp is a highly accomplished CFO with extensive experience in financial leadership, M&A, and operational restructuring across manufacturing, distribution, and retail industries. As CFO of Abrisa Technologies, he rebuilt and optimized the finance function, implemented strong controls, and streamlined operations across multiple locations, significantly improving cash flow and profitability. Previously, he served as EVP Finance for Teleplan International, where he led financial transformation efforts that turned negative cash flow into 8% EBITDA profits and reduced net working capital by over $6M. Maarten’s expertise spans financial restructuring, risk management, and strategic planning, making him a key driver of business efficiency and profitability in private equity-backed environments.

3x

Revenue increase at a prior role

Exit

Completed successful exit backed by Graham Partners

REASON FOR THE SEARCH

Auxo Investment Partners was seeking a Spanish-speaking CFO with expertise in manufacturing, tax reporting, cost accounting, and business case writing. Additionally, the firm needed someone with exit experience to navigate growth and provide strategic leadership.

THE PRIVATE EQUITY FIRM

Auxo Investment Partners.

THE PORTFOLIO COMPANY

GSA Golden State Assembly Manufacturing Company is an industrial manufacturing company valued between $50 million to $100 million. The company employs around 200 to 250 staff and is known for its innovative manufacturing solutions. GSA specializes in design, engineering, and wire harness manufacturing, catering to a broad spectrum of order sizes. In addition to traditional manufacturing, the company offers value-added services like kitting, electromechanical assemblies, and outsourced quality control. GSA also has in-house machine shop and PCB assembly capabilities, which help reduce time-to-market and ensure superior product quality.

THE SEARCH REQUIREMENTS

The ideal CFO candidate needed to meet these criteria:

  • CFO experience (preferred)
  • Exit experience (required)
  • Expertise in process management
  • Financial reporting experience
  • Tax reporting experience
  • Business case writing experience
  • A general management mindset
  • PE-backed experience (preferred)
  • Strong problem-solving skills

WHY RAW SELECTION

Auxo Investment Partners initially worked with another recruiter, but the results were unsatisfactory, as the recruiter struggled to find suitable candidates. Raw Selection, however, excelled in communication, gathering feedback between both candidate and client. This ensured the process moved forward smoothly, ultimately resulting in a successful placement.

THE PROCESS

Raw Selection’s Managing Partner, Alex Rawlings, collaborated with Max Keenoy, the hiring manager at Auxo Investment Partners, to build a comprehensive profile of the company’s needs. Using Raw Selection’s extensive 15-step process, over 381 candidates were identified. After a rigorous evaluation, the shortlist was reduced to two top candidates. Within three days, the selected candidates were interviewed for culture fit, and Maarten Oostendorp emerged as the ideal candidate. He was then hired for the role.

RESULTS

Raw Selection successfully placed Maarten Oostendorp as the CFO for GSA Golden State Assembly Manufacturing Company. Maarten had extensive experience in the manufacturing sector and a strong background with Private Equity-backed companies, including a successful exit with his previous employer, Graham Partners.

THOUGHTS ON THE SEARCH

Auxo Investment Partners had initially worked with a different search firm, but the firm failed to produce any viable candidates. With their business growing rapidly, GSA Golden State Assembly needed a CFO who had a proven track record of success in Private Equity-backed environments. Raw Selection identified two excellent candidates, one of whom, Maarten, had completed a successful exit with his previous company, making him an ideal fit for the role.

Alex Rawlings, Managing Partner at Raw Selection

GET IN TOUCH

If you are looking for exceptional talent for your manufacturing portfolio company, contact Alex Rawlings today at alex.rawlings@raw-selection.com.

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Raw Selection favors a meticulous approach to talent research. Our process for selecting the right talent means we can boast a 100% success rate for all our retained and engaged C-Suite clients, with 96% of placed candidates still in their roles after 12 months.

If you are looking for new talent, contact us now.

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