Closing a leadership vacuum and leading the company into the future with a new shareholder

The undertaking:
A sudden situation led to the company being without strategic and operational leadership from one day to the next and thus without a goal and orientation. The project aimed at stabilising the operative business in the short term and ensuring the company's ability to pay. In a second step, the aim was to secure the company's existence through new equity capital and ownership. The path to this goal was challenging. A detailed plan for restructuring, with a sound analysis of the stakeholders, as well as open and unsparing communication with all parties, involved as a basis for trust, were central to the success of the project. The restructuring plan was successfully implemented; the company and the jobs were saved.

Client: The shareholders
Acquisition: Financing bank
Function in the project: External management/trusted shareholder representative

Previous
Previous

Returning the company to profitability and then arranging succession process

Next
Next

Regulation of succession on the board of directors and shareholders as a prerequisite for successful business development