Case Study: Partner Professional
Situation: Strategic Growth Success Story –Partner Professional
- The four partners were looking for an outside expert to evaluate strategy, business model and to help scale and improve profitability
- GPalmer collaborated with partners and Senior Management to create the road map to success
- GPalmer was retained on a long-term basis to advise in the execution of the road map
Process:
- GPalmer came on-site and preformed a base line diagnostic vs. the market
- Along with partners created a strategic plan
- Advised to eliminate non-core and slow growth divisions and focus on Healthcare IT and related segments
- Along with Senior team, created dashboards, compensation plans, cash management process’s, decision filter, KPI’s, business model and human capital plan to scale
Result:
- With in 3 years Partner Professional increased revenue 9x, EBITDA 10x and EBITDA% improved by 700 bps
- Successful exit for partners with highly regarded private equity firm