Building the management team for value creation in private equity-backed business

Our client wished to replace an MD immediately, but also take the time to find the right permanent hire.

NSCG created a joined-up interim-perm solution to achieve both goals through a stronger, more cost-effective overall process.

Interim MD stepped in successfully to ensure customer centricity and provide stability. Permanent hire took over to accelerate profit improvement plan.

It’s the right move for PE houses to replace an underperforming MD/CEO quickly when a portfolio company fails to meet expected goals and milestones. Portfolio Chairman, Chris Clegg, whose portfolio has included BGF, Palatine, LDC, Foresight and Nimbus investments explains it can be even smarter to choose a combined Interim and Permanent recruitment solution to speed up value creation, streamline the recruitment process and reduce hiring costs.

If you’re ready to find out how hiring an interim leader while you search for the right permanent replacement can work for you, get in touch with Laurence Frantzis by emailing lfrantzis@nscg.com or call us on 020 3854 1608

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