Background
- The Kirchner Group was approached by investors in a public aquaculture company that included production, value add, marketing, sales and distribution
- The company required restructuring including financing
Activities
- Kirchner team member installed as CEO
- During this same timeframe over fifty direct competitors failed
- The company conducted seven successful international acquisitions
- Over $35M of equity and debt financing was raised
Results
- Revenues increased from marginal to over $45M
- Received numerous distinctions including ranking fourth overall in a nationwide survey of all industries for profit gain over a five-year period
- Ranked in the “top 20 wealth creation companies” in a survey of all Canadian public companies
- Company was ultimately sold at a premium of 62% to market cap
