Industrial Technology Company

Background

  • Company losing money
  • Investors losing confidence due to reassessment of market potential and low gross margins
  • CEO Quit
  • Difficult to sell company with low gross margins
  • 2 out of 7 investors (who were on the Board) had worked with KCI previously

Mandate

  • M&A and interim CEO

Results

  • Improved gross margins to saleable level
  • Company successfully sold to large French strategic buyer
  • All debt paid off
  • Investors recovered more of their equity than they expected
  • Follow on work from investors who had not worked with us previously (one investor to date and possibly two others)