Industry: Private Equity Location: UK
Successful transitions to a commercially appropriate supply base
Our client is a UK based mid cap private equity investment company with a broad asset portfolio across c180 countries. The current portfolio comprising c80 businesses and £7bn of assets under management. Our client operates principally from the UK with offices in the US and Asia.
Our client had recently acquired a technical consultancy & testing services organisation from its UK based parent company and were in the process of creating a new stand alone entity.
Odesma were engaged to support the divestment process, managing the supplier and supply chain obligations as described in the TSA. The focus was on setting up stand alone supplier relationships and agreements in the most cost effective way, ensuring continuity of supply for the new entity and securing all available cost efficiencies.
Odesma deployed a small team of consultants with a track record of success in this environment. The team worked alongside key stakeholders in the new business and parent company to identify all procurement and supply chain transition risks.
Over a 5 month period, an appropriate supply base comprising both existing and new suppliers were formally contracted to support the new business. This included securing new contracts for critical software and IT infrastructure, office premises and front line resourcing. Additionally, the Odesma team designed and implemented an appropriate procurement operation and recruited associated staff.