Client Description:
Private equity owned- Global business marketing firm
Client Opportunity or Challenge:
- The Client is a European private equity backed company; new investors have an aggressive growth plan in mind. Within 9 months of investment, the Client acquired 3 companies in the US- its first US investments. Since growth via acquisition was not part of the core experience of our Client, our European Affiliate, Greene 6 Partners, based in Paris was engaged to support post merger integration and assimilation. Since the diligence period was short, many risk areas were not well understood and required post acquisition remediation.
- Most of the existing management team was leaving the company because of the relocation of company headquarters, hence there was a time sensitivity to dealing with issues
- We advised on a wide range of issues including
Organization structure | IT Risk |
Severance | Tax structure |
Recruiting new employees and leaders | Marketing |
Cash management and forecasting | Finance and accounting |
Performance Management | Outsourcing of key functions |
Real Estate and Leases |
Role:
Consultant and advisor
Outcomes or Benefit:
- Created due diligence and acquisition assimilation guide book for client to use in subsequent transactions
- Devised strategy and criteria for Leasing decisions
- Executed risk assessment as well as IT transition plan
- Established structure for revised performance reporting including data structures
- Provided criteria and assessed outsourcing proposals for key functions
- Project managed issues resolution
- Mentored interim staff
- Served as surrogate general manager
NOTE:
Client names are not used because of Client privacy and Confidentiality Agreements. Similarly, facts are cloaked to preclude people from deducing the Client name or situation.