Private equity firm implements strategic transformation projects to unlock growth opportunities while scaling and improving operations
The company was looking to tackle a variety of strategic transformation projects that involved investments in people, processes and technologies across their various operating companies. Read our case study to learn how Baker Tilly set them up for future success.
Client background
The company is a private equity firm with an entrepreneurial approach that invests in market-leading companies. They evaluate each company’s business and financial needs to create the structure that best fits the situation. Industries they invest in include business and financial services, industrials, consumer and special strategies.
The business challenge
As a private equity firm with multiple portfolio companies, the company often seeks management consulting in regard to strategic levers that can be applied to accentuate growth, scale an organization or optimize efficiencies within their subsidiaries. They operate as a strategic partner to the portfolio operating companies with guidance, support and resources to address truly transformative projects which ultimately results in superior outcomes for the operating entity and ultimately the fund owners via superior financial returns.
Specifically, the company was looking to tackle a variety of strategic transformation projects that involved investments in people, processes and technologies across their various operating companies in order to unlock growth opportunities while scaling and improving overall operations.
Strategy and solution
The company engaged Baker Tilly to project manage the transformation initiatives. This included the leadership of software evaluation, definition of future state software requirements, management of the overall business readiness to adopt the future state, testing and validation of software solutions.
Our involvement with the operating companies has resulted in the following outcomes:
- Structured project management processes leading to increased confidence in the success of the transformation initiatives
- Organizational change management services engaged the user community to prepare for a new future state and ensured the team was trained and ready to embrace the new solutions
- Implementation of more modern enterprise technology solutions to address the needs of the organization and set them up for future success