Manufacturer of wide screen print for retail, events & construction sectors
Situation faced:
TAIGA was introduced to an under-performing Private Equity owned business currently implementing a turnaround plan. The situation was complicated by poor stakeholder management and relations.
Outcome achieved:
TAIGA supported the Directors in refinancing the position with another asset based lender which resulted in 100% recovery for the pre-existing bank. TAIGA also undertook an in depth review of the turnaround plan for Private Equity owners with suggested modifications based on real time information.
Duration: 4 Months
End: 2019