THE FIRM

Independent advice.
Commercial judgment.

Second Order advises founders, owners, and emerging fund managers on capital formation, mergers and acquisitions, credit facilities, and private fund economics.

THE PRACTICE

Finance in the context
of the business.

Financing terms, operating assumptions, and transaction decisions affect one another. Second Order connects the analysis so owners and management teams can compare the implications.

The firm

Second Order works with founders, management teams, and investors to assess financing options, evaluate acquisitions, and plan for growth. Engagements combine financial analysis with advice on the assumptions, terms, and operating decisions that affect the result.

The method

The analysis connects financial projections to company records and stated assumptions. Scenario comparisons show how changes in revenue, costs, and financing affect cash requirements and returns. Recommendations account for the available evidence and the uncertainty in the forecast.

Our team

Second Order was founded in 2022 by Sean Dillard.

Meet the team

Location

The firm is based in Little Rock, Arkansas, and works with clients across markets.