A Private Equity backed business had acquired a new company in the manufacturing sector, and needed somebody to lead the integration process.
There were some specific post-merger challenges, as the two merged businesses had slightly different segment focuses, and the aim was to roll them up to deliver a consolidated offering. In particular the merger would result in a plant closure, and the PE firm required someone who was able to demonstrate experience in this area.
The consultant needed to be based in Europe, and willing to occasionally travel on site to the two countries where the existing businesses were based. The fund was looking for somebody to work with the internal team, the management team of the acquired business, and external advisors to ensure that the integration process was on time and budget, that the synergies were realised, and that operational improvements were made to the acquired business.
Talmix was able to put forward the ideal candidate – one with integration experience within the manufacturing sector, alongside experience working within the unique demands of private equity. They proposed deliverables including the 100 day Master plan (100 days), detailed checklists and calendars and creation of the organisational structure and long-term Value Creation Plan. Their experience in having delivered on over 50 similar initiatives meant that the client could feel confident in their ability to provide effective communication through the process.
Crucially, the talent had experience in closing down manufacturing plants, a key demand for the role – and was hired on an initial twelve month interim basis.