KLO Partners - Acquisitions, Exit Planning & Business Sales
Call: Offices in Kent 01892 731 272 Oxon 01491 834572 & Herts 01279 420782
KLO Partners

Recovery and successful sale

November 16, 2023 by admin in Success Stories with 0 Comments

A business acquaintance approached us for advice following the discovery of a cash shortfall. 

Our investigation revealed that the Finance Director was both fraudulent and incompetent.

The CEO and the Chair had made poor strategic choices partly based on the incorrect information provided by the FD.

The FD, CEO and Chair were dismissed and Tim Luscombe was appointed chair, the board restructured and the business focussed on core strengths.

The business returned to success and profitability and we assisted in the sale to a larger US corporation within 3 years.


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