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Navigator Financial Services Launches to Provide Fractional CFO Expertise to B2B Services Companies with Deep Testing, Inspection, Certification/Compliance Experience

1. Navigator Financial Services launches fractional CFO solutions for small businesses. 2. Service costs 20-40% of a full-time executive's salary. 3. Drew Szilagyi, founder, has a strong financial management background. 4. Focus on sectors like Testing and Compliance can boost client impact. 5. Navigator aims to improve financial infrastructure for growth-oriented companies.

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FAQ

Why Neutral?

Navigator's launch introduces a new CFO service, but its material impact on ERF remains uncertain. Historical context shows that fractional services often attract niche clients rather than major market shifts.

How important is it?

The emergence of fractional CFO services could indirectly pressure traditional finance roles, potentially affecting ERF. However, the actual influence on ERF's price remains moderate and dependent on broader market response.

Why Short Term?

Immediate effects may arise from Navigator’s initiative, but long-term transformation in existing businesses is less likely. Short-term visibility into their performance could determine upcoming trends.

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CHICAGO--(BUSINESS WIRE)--Navigator Financial Services (“Navigator”), a newly formed fractional CFO firm, is proud to announce its official launch, offering strategic financial leadership to small and medium-sized businesses principally in the Testing, Inspection, Certification, Compliance, Repair, and Maintenance (TICC and RM) sectors.1–2 days per week or 3–4 days per month of CFO leadership can have a dramatic impact on underlying companies, especially when the outlay for that leadership is only 20–40% the cost of a full-time seasoned executive.Share Founded by Drew Szilagyi, CFA, Navigator brings deep industry expertise and a proven track record of scaling financial systems for growth. Drew, a CFA Charterholder since 2018, holds dual degrees in Accountancy and Finance from the University of Illinois’ Gies College of Business. His experience includes serving as CFO of Infinity Laboratories, where he helped lead the company through its successful sale to Eurofins Scientific in 2024. Prior to that, he played a key role in corporate development at Great Lakes Dental Partners (a portfolio company of Shore Capital Partners), expanding the organization to nearly 30 locations across two states. Drew began his career in investment banking at Stout, advising industrial service and manufacturing companies on mergers & acquisitions and debt & equity capital markets. Navigator offers a suite of services including Fractional CFO Service, Interim Executive Coverage, and Board Advisory, tailored specifically for service-based businesses that require high-caliber financial leadership without the full-time overhead. “What stops most companies from hiring full-time financial executives is their ability to fund the expense or complacency with existing systems,” said Szilagyi. “My aim with Navigator is to provide efficient financial leadership to small and medium-sized service-oriented businesses. 1–2 days per week or 3–4 days per month of CFO leadership can have a dramatic impact on underlying companies, especially when the outlay for that leadership is only 20–40% the cost of a full-time seasoned executive.” Navigator began operations earlier this year and is now formally announcing its launch alongside the debut of its website. About Navigator Financial Services Navigator Financial Services is a Chicago-based Fractional CFO Services firm. Navigator bridges the company-level executive gap that frequently challenges growing businesses. By leveraging its proven framework of developing sound, company-specific financial planning & analysis models and professionalizing financial infrastructure, client-companies and their leaders are empowered to make excellent decisions and to achieve strategic objectives.

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