A fintech firm initially brought in Orchid Black to evaluate a potential transaction and to perform a Value Creation Assessment (VCA) with the goal of identifying areas of opportunity and provide an estimated valuation in the marketplace.
After performing the VCA, which included reviewing company data, conducting market research, and holding internal and external interviews with stakeholders, Orchid Black quickly identified massive opportunities for growth, but certain factors were inhibiting the organization’s ability to grow.
Key factors included:
The Company has operated profitably since the changes and has survived the worst of the recession.
Orchid Black operators created a plan and executed on the following:
- Implemented a new business system.
- Redesigned the processes within the entire company
- Consolidated responsibilities; reduced headcount by 40%
- Implemented PEO strategy
In addition, we:
Negotiated and bought out of the unionImplemented a leasing program for trucks and drivers
Reworked commission programs
Reorganized the warehouse for efficient operations
A family run business that was losing money each of the past three years and did not have the managerial experience to fix.
"Orchid Black was able to come up with phenomenal insights in a matter of weeks just by analyzing the data that was already within our own company. That alone was worth every penny of the VCA (Value Creation Assessment)."
-CEO & Founder, fintech company