Where The Business Was

• Family owned engineering fabrication business
• Over 10 years the business had grown to $3,000,000 per annum in turnover

Problem

• Owners had expanded to another state, where there was projected higher growth
• Due to the high cost of expansion they wanted to review their circumstances

Solution

• Realize the owner’s vision for the business through a change management process

Implementation

• Review business performance especially at the initial operating site
• Explore all the available options to reduce operating costs
  

Results

• Based on our investigations, it was agreed to sell the established business to assist in the further cash support of the interstate operations
• We assisted with the successful sale of the business via a structured management buyout (MBO)
• We facilitated the business plan, assisted with sourcing finance and managed the legal agreements with the MBO team