Turnaround Project
Client: RCapital
Value: 50K
Duration: 2months
Project Overview
RCapital is a UK venture finance fund with an investment strategy of refinancing or acquiring distressed organisations, then leading and overseeing their operational and financial turn around for a future exit.
CPC’s Role
CPC was commissioned to assess and review the existing strategy, financial status, organisational structure, personnel, target markets and performance management of an RCapital acquisition (£50m yearly revenue). The review's main focus was to identify short term efficiency saving opportunities, stabilise and restructure the failing incumbent management team and lay the foundations for future growth.
CPC went to implement the agreed short to medium term strategy and imbed the agreed organisation changes derived from the initial strategic review.
Client Benefits
RCapital is benefiting from a rapid turnaround in business fortunes resulting in a quicker return on investment than originally estimated through:
• The development of a robust organisational structure
• The creation of effective reporting lines
• The merger and rationalisation of services
• Independent due diligence, unearthing critical issues and “quick wins”
• Identifying cost savings in excess of £1m per annum
• Synergy realisation by facilitating closer working between formerly disparate business units.
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