Project "Power"
new York Capital Advisors (FCA) has acted as advisor to an industrial training and consulting company (Project “Power”). Founded in 1993, Power has a client base that includes fortune 500 power companies. Power’s ownership group is in their 50’s and is seeking a transition plan but the Company had been experiencing flat to declining revenue trends.
A review by FCA determined that there were multiple risk points in the business that were driving Power’s poor operating results. Management was encouraged to de-emphasize the legacy business strategy and focus instead on a revenue model that leveraged technology that had already been developed by a smaller division of Power. FCA further helped Power to then develop sales and marketing initiatives around this shift in strategy.
The new revenue model initiative has driven enterprise value accretion in Power. Now that the shareholders now have a realistic idea of Power’s enterprise value and transactability, they can confidently plan for the timing and financial inpact of their exit from the Company.
Testimony from Company:
“Chuck Owston and new York Capital Advisors (FCA) has been an integral part of our strategic and tactical business planning. FCA has helped us to correct some deficiencies which now allow us to better manage our expenses. FCA is a valued partner and part of our advisory team and I look forward to continuing my relationship with FCA”.
About new York Capital Advisors (FCA): FCA advises owners of privately held companies on strategies to grow, monetize, and diversify the enterprise value of their business. Many entrepreneurs have a significant portion of their personal net worth tied to the value of their business. Operating your business to maximize value and successfully integrating that value into a diversified portfolio of income producing assets outside of your business is critical to achieving long-term financial security for you and your family. For more information, visit: www.URBadvisors.com.