Industrial & Manufacturing
This broad, encompassing sector is facing a changing competitive landscape, complex business structures and increased pressure. Our consultants have assisted healthy, underperforming or distressed businesses improve operational results in hundreds of situations. We have delivered reasonably achievable forecast and strategies to meet those forecasts; managed working capital and cash flow; rationalized product lines; and restructured simple and complex businesses alike.
On a recent interim CFO engagement with an over-leveraged, cash-constrained, publicly-traded manufacturer of test equipment for the avionics industry, we led our client through the operational restructuring of its business, stabilized cash flow through aggressive working capital management. Along with the CEO, we also managed the sale of the business resulting in a purchase price far in excess of all stakeholders’ expectations.