Technology Company - Telecom Industry: M&A Integration project

Issue Faced. Integrating an acquisition of a division from another company

Industry. Web-based services software

Location. Boston, MA; Salt Lake City, Utah; and Seattle, WA

Size Of Company. $120M and $30M

Who Brought In The Team/Individual. CEO

Goal Of Assignment. Successful, smooth integration of target company.

Actions Taken. Expanded integration plan. Identified employee and customer concerns. Expedited timely closure of issues. Identified synergy opportunities. Provided project management service through 90 days after closing. Kept consistent focus by communicating with all functions and resolving inconsistencies. Provided additional staff to fill temporary project needs.

Results. Had great opening day! Employees of target company felt welcome. Were up front with issues. Established broad communications channels. Merger had good start with issues addressed (many on opening day) and synergies being pursued. Focus was maintained after opening day delivering agreed upon 30/60/90 days results.

Assignment Duration. 120 days

Resources Utilized. Three ERG professionals supplemented in-house team.

Testimonial. Lightbridge