Facts
- Ownership: Owned by American private equity firm (previously owner-managed with 4 x 25%)
- Number of employees: 35-40
- Industry: Software
- Products/Services: On-Prem/Cloud
- Clients: Larger public and private international companies
Strategic Challenges and Opportunities
- Owner and management challenges
- No agreement or common direction
- A large, untapped international potential
- Primary focus on sales, insufficient focus on product development, quality, customer retention and service
What we did
- Entered as chairman of the board and strategy consultant
- Later as "part-time CEO", co-owner and partner
- Management buy-out (splitting of deadlock ownership)
- Attracted investors with new strategy (+ expansion of the board)
- Hiring of new CEO and experienced management team
- Focused product development through the Corona crisis
Results
- Creation of a healthy and energetic culture with high engagement
- Incentive program for key employees
- Strong growth in revenue and organization
- Attractive sale to American private equity firm
- Integration of the company into the "new family"
- Opportunity for another "up-side" as part of new set-up