Fractional CFO Services

Strategic financial leadership
for growth-focused SMEs

Senior CFO expertise without the full-time cost. Transaction-ready, hands-on, and focused on outcomes that matter.

Strategic
Agile
Execution-focused
Transaction-ready
Client Type PE-backed SMEs and scale-ups
Transaction Stage Pre and post equity, debt or mezzanine funding
Typical Size Revenue <£35m · EBITDA <£5m
Delivering Measurable Value

Four ways we move the dial

01
PE and debt transaction modelling

Independent, bespoke financial models built to withstand FDD scrutiny and secure investor and lender confidence.

02
Finance function optimisation

Process, systems and people transformation for accurate, timely reporting at lower cost. FinOps built to scale.

03
Pre and post-transaction CFO support

Agile collaboration with CEOs, FDD teams, lenders and PE investors from mandate through post-deal integration.

04
AI-enabled finance workflows

AI applied with CFO-level judgement to automate routine workflows and deliver real efficiency gains.

Strategic Framework

The Connexive SME Growth Support Pipeline

Input
SME Challenges
1
Turnkey Transaction Management
End-to-end deal execution, FDD-ready reporting packs and completion support
2
Debt & Equity Capital Raising
Investor-grade models, IM support and lender-ready forecasts
3
Financial Modelling & Strategic Reporting
Board-grade KPIs, scenario models and covenant tracking
4
Industry Agnostic Growth Focus
Sector-neutral fractional CFO for turnover <£25M
5
Finance Function Optimisation
Systems, close acceleration and automation for scale
Outcome
Elevated SME Growth & Enhanced EBITDA Performance
Transaction-ready
Investor-grade reporting
Scalable finance function
CFO-led confidence
Connexive FinOps — available throughout all stages
Fractional Bookkeeping
Finance Operations
Management Accounts
Cash Flow Management
Underpins and supports every stage of the CFO engagement — delivering the clean, accurate data the strategy depends on.
What Drives Us

Built on four core strengths

Every client engagement is shaped by the same principles. Not just competence, but character.

01
Initiative

We move first. Identifying issues, opportunities and solutions before they are asked for is how we add value beyond the numbers.

02
Results

Every mandate is measured by outcomes. EBITDA improvement, cash certainty, funder confidence and deals that close.

03
Grit

Growth businesses are messy. We stay focused, work through complexity and deliver, regardless of the challenge in front of us.

04
Integrity

We tell CEOs and investors what they need to hear, not what they want to hear. Trust is the foundation of every client relationship.

Experience 30+ years as CFO
Qualification Chartered Accountant CA(SA)
Specialism PE and debt transactions
Focus UK growth SMEs
Meet the CFO
Clive Angel
CA(SA)  |  Fractional CFO  |  Founder, Connexive

Clive Angel is a Chartered Accountant and fractional CFO with over 25 years of hands-on experience supporting SME CEOs and driving commercial performance. He brings a sharp financial lens and a growth-focused mindset to every client engagement, with a consistent focus on measurable outcomes tied to EBITDA, cash and transaction readiness.

Clive specialises in pre and post-transaction financial leadership — professionalising finance functions, systems and processes to ensure data quality, reporting credibility and deal-readiness.

Deal-Ready Modelling
Post-Transaction CFO
EBITDA Improvement
Finance Function Build
Connect on LinkedIn linkedin.com/in/cliveangel
Profile at a glance
Track record
Diverse mandates across PE, debt & growth transactions
Typical engagement
Project retainer or ongoing fractional CFO
Mandate size
£2m – £35m turnover, EBITDA to £5m
Deal experience
M&A, LBO, AIM prep, NYSE-listed buyer transactions
Finance function
Fit for purpose and built for scale
Availability
Fractional — multiple clients simultaneously
Based
London, UK
Connexive FinOps

Fractional bookkeeping & finance operations

CFO value depends on one thing: accurate, complete and timely data. Connexive FinOps is the finance function behind the CFO — delivering the numbers that make every strategic decision credible, fundable and defensible.

The CFO and FinOps Connection

The CFO sets the direction. FinOps makes it happen on the ground. From clean books and month-end discipline to working capital management and system automation — FinOps closes the gap between ambition and execution, so the numbers that reach the board are ones you can stand behind.

Core Services
01
Fractional bookkeeping
02
Finance system & process optimisation
03
Working capital management
04
Cash flow forecasting
05
Finance function automation
More information Connexive FinOps →
Three Areas of Value
01
Accurate bookkeeping

Scope-based fractional bookkeeping across Xero, QuickBooks and specialist platforms — complete, current and audit-ready. The foundation the CFO builds on.

02
Proactive reporting

Monthly management reporting built around your KPIs — timely and structured to support CFO-level decision making. No surprises, no chasing.

03
Financial operations

End-to-end finance function management — systems, processes and people integrated for efficiency and scale. So the CFO can focus on what matters most.

Systems Expertise
Xero
QuickBooks
Arthur Online
Cin7
Advanced Excel
Client Mandates

Where we add value

A selection of recent Connexive mandates across transaction modelling, finance transformation and post-deal CFO support.

TC Group
Allied health buy and build — AIM listing preparation
2025 to present
35 practices · AIM-bound
35-practice roll-up AIM Listing – equity & debt raise Corporate advisor-ready forecast model
  • Rebuilt four founding entities from cash to accruals — balance sheets, working capital and month-end from scratch.
  • Built the dynamic acquisition model overlaying 35 practices with timing, cost and performance assumptions to underpin FDD and investor presentations.
  • Delivered the consolidated group forecast ready for reporting accountants and the AIM listing process.
K3 Advantage
PE and debt transaction modelling — multi-sector SMEs
2025 to present
Revenue up to £50m
Build transaction ready forecast models Post deal funder financial analysis & reporting and CEO fractional CFO support
  • Ongoing mandate delivering investor-ready models with clear funding capacity and debt serviceability analysis across multiple sectors.
  • Embedded commercial drivers and scenario analysis to withstand funder and FDD scrutiny.
Managed IT Commercial property Property lettings Hospitality & travel
WASP Power and Filtration
Clean-tech manufacturing — capital restructure and US equity sale
2023 to 2025
NYSE-listed acquirer
60% cost reduction Close: 15 → 8 days NYSE exit
  • Cut accounting overheads by over 60% and accelerated month-end close from 15 to 8 days across three entities.
  • Built the integrated three-entity forecast to support the UK debt restructure.
  • Managed pre and post-closing diligence for the successful sale of the US subsidiary to an NYSE-listed acquirer.
Gilberts Kosher Foods
Finance function transformation — food manufacturing
2025
Revenue £8m–£10m
Cin7 + Xero integration Full automation
  • Replaced manual stock and reporting processes with a fully integrated Cin7 + Xero workflow.
  • Delivered a restructured finance function with timely, reliable management information ready to scale.
Lawfront
PE-backed legal roll-up — finance function and first group audit
2023
Revenue c. £15m
PE reporting standard First group audit WIP methodology
  • Implemented PE-standard board and investor reporting from day one of the mandate.
  • Built a WIP valuation methodology across a multi-site legal practice — resolving historic VAT errors in the process.
  • Directed the first successful group audit under PE ownership.
General Dental Smiles
Debt-funded buy and build — multisite dental group
2021 to 2022
1 → 10 practices
£2m debt raised 10 practices 50+ clinicians
  • Built and raised a five-year cash flow model securing £2m term bank debt.
  • Designed the scalable group finance function and covenant reporting framework from the ground up.
  • Built a benchmarking tool tracking net contribution per practice and dentist across 50-plus clinicians.
Effective Media
B2B digital media — restructure and liquidity management
2021 to present
Revenue £2.5m–£3m
CVA framework 2 economic crises Going concern secured
  • Restructured the balance sheet across two consecutive crises — COVID-19 and the 2022 economic downturn.
  • Implemented a CVA framework and secured interim funding facilities to sustain going concern trading.
Discover Digital
Fintech platform — go-to-market model and investor funding
2020
Digital currency platform
4-year model Investor pitch B2B strategy
  • Built a four-year financial model with commercial assumptions aligned to the investor pitch for a cross-border digital currency platform.
  • Developed the B2B monetisation and go-to-market strategy covering all network participants.
Client Endorsements

What our clients have to say

I strongly recommend Clive. He is an extremely organised, commercial and detail-oriented professional, focused on achieving good outcomes for his clients.

Freddie Wingfield Digby
Co-founder, Direct at Adsum & Non-Executive Director, Wasp Technologies Group
Nov 23 – Present

Clive is highly competent and very experienced. He is an absolute pleasure to work with, an excellent team member and sorely missed.

Jamie Kerr
Founder & CEO, Smiles Dental Practices
Jul 21 – Nov 22

Clive has been an excellent finance leader supporting our business group across the UK and USA. He diligently executed a UK restructuring and led the due diligence process in selling our USA subsidiary to an NYSE-listed buyer. We highly recommend his services.

Henry O'Lone
Business Leader, critical power-focused business, UK, USA & EU
Nov 23 – Present

Clive grasped working in a new sector very quickly and was able to deal with multiple issues for us in parallel. He helped us successfully resolve a historic VAT issue with HMRC and get to grips with some complicated WIP valuation workings. A self-starter and great hands-on problem solver.

Nigel Osborne
Chief Financial Officer, Lawfront Group
Jan 23 – Oct 24

Clive's dedication, reliability, and passion for our company's success have had a positive impact. He has significantly improved our financial systems and management of our costs, which has enhanced our profitability. I wholeheartedly endorse Clive.

Adam Rock
CEO, Effective Media
Jun 21 – Present

Clive is structured, pragmatic and insightful. Working with Clive enabled me to challenge and validate my assumptions and to ensure my model made objective commercial sense. I have no hesitation in recommending Clive to anyone looking for a straight talking entrepreneurial finance professional.

Yo Percale
Change Consultant & Coach, MyKagami
Aug 20 – Dec 20
Get in Touch

Time to professionalise

Your Fractional CFO
Your FinOps Partner

Pre-transaction, post-deal or simply overdue — we embed the CFO leadership and finance operations your business needs to perform and scale with confidence.

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