Fractional CFO & Exit Advisory · Serving North American Growth Companies

The CFO seat, filled by someone who has sat in it — and sold from it.

Led by Wendy van Donkelaar, Rolled Sleeves embeds senior fractional CFO leadership inside North American founder-led and mid-market companies — carrying them from commercialization through exit readiness to a premium transaction. Operators first. Advisors always.

Wendy van Donkelaar, Founder and Managing Director of Rolled Sleeves
Wendy van Donkelaar
Founder & Managing Director

Transaction Record

$1.5B+
M&A Transaction Experience
30+
Years Operator & Advisor
1
Deal Over $500M
12
Deals Between $30M – $200M

What We Do

Built to exit

Every engagement is led personally — no handoffs, no junior substitutes. We take the seat, run the function, and build the company a buyer wants to acquire.

Fractional CFO Leadership

Embedded, senior financial leadership for North American growth companies — fully accountable. Financial operations, forecasting, capital planning, board and investor reporting, and the strategic judgment of a CFO who has led companies through acquisitions.

Capital Planning · Board Reporting · Investor Dialogue · Financial Operations
Fractional CFO services →

Exit Readiness

A structured 12–36 month program that closes the gap between the company you run and the company a buyer will pay a premium for — clean financials, defensible forecasts, diligence-ready data rooms, and a narrative that commands competitive tension.

Diligence Preparation · Value Gaps · Positioning
The exit readiness program →

Commercialization Strategy

For companies crossing from R&D into revenue: pricing and go-to-market economics, unit-level financial models, capital sequencing, and investor communication through the transition to scale.

R&D → Revenue · Pricing · GTM Economics
Commercialization strategy →

Capital & Investor Strategy

PE financing, venture debt, and non-dilutive capital — informed by $500M+ raised firsthand.

PE Financing · Venture Debt · Non-Dilutive Capital
Capital strategy →

Transaction Support

When the process goes live: banker selection and management, negotiation strategy, diligence leadership, and steady counsel through signing — from leadership that has closed from both sides of the table.

Sell-Side Process · Negotiation · Close

The Rolled Sleeves Path

From first revenue
to final signature

Most owners begin exit preparation eighteen months too late. We build exit readiness into the organization from day one — so when the moment arrives, the company is the one buyers compete for.

Phase I

Commercialize

Convert product into predictable revenue — pricing, GTM economics, and the infrastructure to scale.

Phase II

Institutionalize

Audit-grade financials, KPI discipline, and governance that stands up to institutional scrutiny.

Phase III

Position

Close valuation gaps, sharpen the strategic narrative, and cultivate the right buyer landscape early.

Phase IV

Transact

Run a disciplined, competitive process to a premium close — with senior leadership at every step.

Leadership

Three decades in the seat.
One standard of work.

Wendy van Donkelaar

Founder & Managing Director · Fractional CFO & Senior M&A Advisor

Wendy has spent thirty years in the CFO/COO seat and across the deal table. At MAKE Technologies, she led the company's acquisition by Dell. At Immersive Media she executed a CA$100M cross-border exit to Hong Kong-listed Digital Domain Holdings. She has raised more than $500M in private equity and venture debt, and has been directly involved in M&A transactions exceeding $1.5 billion.

Today she serves North American growth companies as an embedded fractional CFO — currently working with CRWN.ai, a transmission grid infrastructure company now commercializing its technology, and a cancer diagnostics company. Founders work with Wendy directly, from first conversation to final signature.

B.B.A. Finance, Simon Fraser University · Chartered Accountant designation

in Connect with Wendy on LinkedIn

Insights · Published on LinkedIn

Where our thinking
lives in public

Wendy publishes weekly on LinkedIn — practical, unvarnished perspective on exit readiness, commercialization, and the CFO decisions that move valuation. Follow along, or start with these.

in Follow Rolled Sleeves on LinkedIn

How We Work

Five to six companies.
No more.

Rolled Sleeves is built around a deliberate limit: Wendy works with five to six companies at any one time. It is the opposite of a leveraged consulting model — no bench of juniors, no handoffs, no divided attention. Just senior leadership, embedded where it matters.

Embedded, not advisory-at-a-distance

Inside your company — in the numbers, in the board meetings, accountable for outcomes rather than recommendations.

Partner-led, start to finish

The person you meet in the first conversation is the person doing the work — from the first forecast to the final signature.

Built for the long arc

Engagements are designed to span the journey — commercialization, exit readiness, and the transaction itself — because the companies that exit best are built that way for years.

Start the Conversation

If an exit is anywhere on your horizon — it's time to talk.

A confidential first conversation with Wendy, partner to principal. No process, no pitch — just an honest read on where your company stands and what would move its value.

When one of the five to six seats opens, it goes to the company where the work will matter most.

ServingNorth American founder-led & mid-market companies
EngagementsFractional CFO · Exit Readiness · Advisory