Manufacturer of wide screen print for retail, events & construction sectors

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

Durable Household Products

Durable Household Products

Situation faced:

TAIGA was introduced to a loss-making business where the existing turnaround plan had stalled despite the injection of c. £100m in cash over a number of years.

Outcome achieved:

TAIGA supported the Directors in re-evaluating the established plan and led the redesign and refresh of a turnaround pathway. The plan provided clarity and direction to potential investors and an accelerated M&A process was undertaken and ultimately the insolvent sale maximizing investor returns.

Duration: 4 Months

End: 2019