Transitioned from Promoters to Private Equity
Business Type: Leading fashion house
- Challenge:
- Legacy promoters of 40+ years and new PE fund needed a productive working relationship
- Action:
- Established renewed financial and governance structures, ensuring compliance and adherence
- Negotiated binding agreements for fund infusion and utilization
- Secured joint pre-approvals for critical items such as sales plans, and marketing and operational costs
- Fostered trust through transparent, data-driven communication in weekly and monthly meetings
- Enabled legacy employees to adapt to new business practices through coaching and training
- Led the leadership team to build stakeholder trust, drive transition efforts, and focus on growth
- Impact:
- Clear roles and accountability improved decision-making
- Focused on long-term growth with trust and alignment among stakeholders