Pride Advisory PAS Color Logo Transparen


420 Lexington Ave, 30th Floor

New York, NY 10170​


Sims Tullos

Business Development, Pride Advisory

Tel: 212.235.5329​

  • Black LinkedIn Icon
  • Black Facebook Icon
  • Black Instagram Icon
  • Black Twitter Icon
Pride Gloal logo

M&A Client


  •  Our client lacked clarity regarding the Gross Profit generated by its individual clients

  •  Our client had trouble determining if its clients were profitable because it did not have a set service price for each client or service

  • Our client went to market with limited accounting background and without a complete financial picture


  • Pride Advisory obtained and analyzed the cost data from the internal cost tracking system from the client 

  • We built schedules to show current sales prices with the new vendor price increases based on each client’s recent activity

  • Schedules outlined the necessary price increase to get the gross profit back up to market based on our client’s industry

  • Schedules allowed our client to negotiate in real time with its customers to establish the minimum of a price increase to maintain a higher gross profit

  • We re-evaluated the company’s financials and ensured GAAP compliance on a monthly and annual basis


  • Gross profit rose 2-3% overall from our client’s customer base

  • For some individual customers, gross profit hit double-digit increases, as well as jettisoning an unprofitable client after negotiations

  • Our efforts resulted in over a 2 million-dollar increase in gross profit for the business for the next fiscal year

  • Potential buyers receive a more accurate and reliable set of financial statements


Cash Flow Deficiency


  • The Client came to us amid an ongoing cash flow deficiency

  • The Client’s inventory purchases were not being managed properly, which resulted in an excess of over $1 million in inventory and a backlog of accounts payable

  • Consolidating the purchasing, inventory, and accounting departments to communicate with each other on a more regular and consistent basis


  • Pride Advisory negotiated new payment terms with vendors to ease the cash flow burden and keep the vendors’ shipping product

  • We reduced inventory by establishing a hybrid JIT inventory solution to reduce inventory to a more appropriate amount to maintain the current orders

  • Implemented new control environment including AP, PO, and inventory management system so the Company’s operations become more efficient and transparent


  • Pride Advisory stabilized the financial health of the Client while maintaining a steady growth of new customers 

  • Productivity increased company-wide, and employees became more in control and informed of the tasks they have to complete


Bank Line of credit project


  •  The Client wanted to obtain a working line of credit with a bank to expand operations and potentially open a second location

  • Client needed help finalizing their year-end financials in order to get their tax return complete


  • Pride Advisory reviewed the last three years of financial statements and adjusted them to reflect a more accurate financial picture of successes based on an accrual basis—not cash—which was the reporting method

  • We reconciled all bank and credit card statements for the year, recorded missing transactions, and made adjusted journal entries to prepare supporting schedules for the tax accountant


  • Our Client was able to negotiate a line of credit with their bank based on the adjusted financial statements

  • The tax accountant was able to prepare the Company's tax return with minimal questions, saving the company time and money


Staffing firm accounting review

coming soon