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Strategic Crossroads
The Background to this project What we delivered What were the benefits to the business of carrying out this project

Background

A 5-Partner firm trading for 25 years, but where the oldest Partner was arriving at retirement, with two other Partners well into their fifties and beginning to plan their exit

Several questions raised by this: Should they seek a merger?  Should they seek a sale?  Should they seek to improve the ‘saleability’ of the firm, prior to seeking a buyer – and how should these improvements be identified and implemented?

Should they split the firm, and allow separate Partners to take separate specialisms elsewhere?

Should they seek a new Partner, whether from inside the firm or outside via trade sale?  How should they best assess their options?

We were asked to evaluate the current activities and modus operandi, to assess the strategic options available, and to recommend changes to the working practices, commercial strategy and future direction of the Partnership

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