Technology, Information and Media
Hospitals and Health Care
Active

Francisco Egana Barrios

Dynamic and accomplished scaleup CFO with 20 years of cross-sector experience in accounting, investment banking, FP&A and commercial finance

Jurisdiction

United Kingdom | Spain

Experience

Seniority LevelC-Suite
Years of Experience20+ years
Current StatusActive
Cofounder - Fractional CFOFractional Advisory Services S.L.
2023 - Present

• Health-tech: CFO role in a 15m ARR scale-up growing at 40% p.a.. Secured multiple term sheets in the company’s first fundraising round. Drove a €50m valuation uplift by leading investor negotiations and repositioning ARR by client and product segment • Health-tech: CFO role in a £1m ARR business growing at 100% p.a. Instilled investor confidence through robust financial reporting and forecasting which enabled a £2m follow-on investment round • Health: Supported a €1bn bond refinancing for a KKR-backed healthcare business. Designed the group’s long-term forecasting model and planning process • Search Fund: Advised a Search Fund on target screening, valuation, and investment analysis across multiple sectors

Group CFOTop Doctors Group
2022 - 2023

• Spearheaded a debt financing fundraise and successfully secured €8m in non-dilutive debt within the first six months at the company in Mars Growth Fund & Liquidity Group’s first transaction in Spain • Negotiated a €2m Convertible Loan Note with a strategic investor, enabling completing a critical acquisition • Led two acquisitions (UK’s I Want Great Care and Spain’s Ofimedic), coordinating closings immediately after debt funding, unlocking product expansion and new revenue streams • Redesigned the financial reporting and accounting processes to bring the group’s monthly closing cycle down to two weeks from three months while substantially improving SaaS and financial information

CFOMedicspot
2018 - 2022

• Supported the CEO and executive team in key strategic areas such as fundraising, financial planning, B2B and B2C pricing and strategy during a 16,000% revenue growth phase, from £40k to £6.5m p.m • Revived a stalled fundraising process by creating a professional financial model, which led to a £3.5m VC term sheet and £2.5m raised by external investors • Started and scaled the FP&A and controllership functions to the fast changes the company experimented while implementing from scratch systems, policies and financial controls • Presented to Investors, Banks and other credit providers; successfully completed external due diligence and credit analysis and negotiated innovative working capital facilities worth £1m to support growth • Implemented cost reductions and successfully negotiated with providers, saving hundreds of thousands p.a.

Education

Masters of MBALondon Business School
2008 - 2010

Skills

Core skills4
Languages2

Skills

Fundraising
Corporate Finance
• Financial forecasting & reporting
Financial modelling

Languages

English
Spanish

Services