Scenario
You are unsure as to whether the existing management team has the ability to resolve the issues in the business.
We will carry out a rapid review of the management team and identify the key business issues.
- Where we find that the management team has the ability, but lacks the strength in depth required to deliver the business improvements necessary, then we will put in a team to work alongside management.
- Take hands-on responsibility for ensuring the delivery of improved performance and results.
- This would be a base fee (fixed at the outset) plus a share of the profit improvement achieved or equity in lieu of fees.
Case Study Example – Catering Equipment Business
Private equity owned business, profitable but sub-scale for them to commit their own time and resources to growing it. Acquired with the objective of driving growth over a 3 years period to deliver a profitable exit.
consilia conducted an initial review of the business performance and management team and a review of current market conditions.
We identified opportunities for business and profit improvement, including extending the product range, introducing after sales maintenance services for the products supplied, and reducing the current overhead base of the company.
consilia acquired a majority equity stake in the business and put in place an executive chairman and a NED alongside the existing management to take responsibility for driving the improvement plan.