All Press Releases for March 31, 2017

CFO Colleague to Act as Adviser for College/University Merger

Firm Principal believes this trend is growing

    MOUNT VERNON, OH, March 31, 2017 /24-7PressRelease/ -- CFO Colleague, LLC has been selected by Trevecca Nazarene University (TN) as an adviser for its merger exploration process with Eastern Nazarene College (MA). The boards of trustees for the two institutions recently announced their desire to formally explore combining operations, naming Trevecca's President and its Chief Financial Officer to fulfill their respective roles at Eastern as well.

David Caldwell, CFO of both Trevecca and Eastern said, "We are excited about the opportunities this process affords and are pleased to partner with CFO Colleague to carefully consider all the possibilities. With a practice focused on institutions of our size and type we will rely on their experience to lay out the framework for a healthy and successful combination."

According to Jeffrey Spear, Principal of CFO Colleague, "Trevecca is one of our most progressive and best-managed clients. We are confident that, working together, this combination process can create a blueprint for institutions of like size and mission that are thinking seriously about a similar arrangement. Many others will watch this process with great interest."

About CFO Colleague
CFO Colleague is a financial and operational advisory firm, specializing in private higher education. Founded in 2013, the firm has provided services in every region of the U.S. market, implementing best practices and managing turnarounds among its client base of over fifty institutions.

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Jeffrey Spear
CFO Colleague
Mount Vernon, Ohio
United States
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