Case Studies
J.S. Held Acquires GLI Advisors, Strengthening Our Construction Project Support Services in the Western US and Hawaii
Read MoreAfter undergoing two to three years of rapid growth, including the addition of multiple new business entities, a president had been hired to run the largest of the companies. However, the company’s principals did not clearly define the president’s and operating team’s responsibilities, resulting in bottlenecks and poor communication. The organization’s infrastructure and workflow issues persisted while the company continued its rapid growth, leading to inflated overhead, reduced margins, and dissatisfied customers. Ultimately, the company’s structural instability threatened its ability to react to future and regular industry downturns.
The company’s shareholders had been trying to establish a family office operation for many years to oversee its investments, including multiple operating divisions. When the newly hired president struggled at excelling in his role, the shareholders realized they needed outside advice. Our team was referred to the principals by a professional advisor to the company, familiar with our ability to quickly understand the root causes of symptoms and efficiently act to implement permanent solutions.
As advisors to a family office owning very successful and rapidly growing construction and environmental remediation companies, our experts identified and resolved management and operational issues hindering future growth. Key actions leading to the successful outcome included:
Obstacles and solutions included:
Mike Bergthold, CTP
Senior Managing Director
Strategic Advisory Practice
+1 213 404 0113
[email protected]
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