We Buy Underperforming and Distressed Companies
Remember strategic conglomerations? Aggregations? Rolls-ups? Once revolutionary business practices that promised to spread business risk, level seasonality or leverage infrastructure. Appetites were big for acquisitions (strategic or otherwise) at almost any cost.
Fast forward. Today, many of these transactions have created portfolio orphans. These are divisions or subsidiaries of larger public or private parent companies that no longer (or never did) contribute to your strategic focus or bottom line. Worse, many of these orphans have become a drag on earnings and cash flow, and there is little interest in spending the management time or checkbook resources to deal with it.
Sound familiar? Is it time to clean house?