Client case study – NZE/ ASX Global Built Environment Company.
Mandate
Help the CEO appoint a Divisional CE and Group CEO designate to improve the profit and cash performance of a non core operating business unit and to divest this operation at an optimum / maximum EBITDA multiple.
Outcome
Executed a global search that delivered a candidate that post appointment increased division operating earnings by 30% and led and completed the divestment of the business unit for 14 times EBITDA – increasing the groups share price by 7%