Every business is different. So why do most private equity firms force a one-size fits all growth strategy?
No matter how similar they may seem, each business is as unique as its founders. Each demands carefully considered strategies that will create the most value AND feel right to the people making it all happen. At Hastings we work alongside business owners to uncover bottlenecks and implement immediate support that lets them focus on running their business.
Here we work with your team to assess company pain points, bottlenecks and other adverse issues impacting revenue potential. Then we’ll build a custom plan to eliminate these constraints. This could include any number of things such as making acquisitions, instituting performance KPIs, upgrading technology or investing in human capital. It all depends on the unique needs of the business.
Next, we’ll put this plan into motion, helping the team implement your growth strategy the right way. New infrastructure might be put into place. Acquisitions might be identified and secured. And new ways of doing things will position you for exponential scalability. This looks different for each company and its ownership, depending on the needs.
Ongoing support will keep the organization on track as it grows. This means both everyday management activities, such as maintaining KPI accountability, as well as bigger-picture awareness such as monitoring market or competitive events. And when the plan has run its course, we’ll help owners formulate a responsible exit strategy that works for them.
Because of our specialization in the energy services sector, and vast operational experience in this market, every portfolio company benefits from our extensive connections and industry insights.