The Client:
Trivest AG (Austrian family-owned company) looks back on 100 years of entrepreneurial tradition and has produced a renowned portfolio of internationally operating companies. With more than 650 employees, the group focuses on innovation and quality.
A group acquired years ago (companies in Austria and Germany) with a business focus on hardware trading, service & software development could not reach the profit zone. Several restructuring attempts failed mainly due to the difficult market environment and the Corona Pandemic.
The Project:
Management Factory was commissioned to evaluate downsizing options for the specific investment group and to assist in the implementation of the downsizing.
Highlights:
- Analysis phase – evaluation of optimized exit scenarios taking into account continuing obligations, group interdependencies and the complex business model with different customer contracts.
- Preparation of a detailed wind-down plan and integrated calculation of financing requirements – Support in the implementation of the solvent liquidation of the hardware and services business as well as in the spin-off and sale of the software division
- Customer projects and contracts were completed to the satisfaction of all stakeholders.
- Mutually agreed solutions with all employees as well as transfer of key employees to the group.