Supportive
Autonomy
describes CM Acquisitions’ perspective in partnering with
portfolio company management. Management will have operating
autonomy and the support necessary to maximize the company's
value.
Support from CM Acquistions is
considered integral to maximizing company value in both the short
and long term. The financial support of CMA Capital Partners
provides for the investment in human resources, new product
development and the equipment required for enhancing
manufacturing efficiency and capacity. CMA's hands-on involvement
early on in an investment accelerates the transition period from
historical performance to superior operating margins, primarily
by insuring that our management partners have the tools they need
to be successful. Our transition period assistance allows
management to focus on their functional area of expertise and run
daily operations. Tailored to fit the needs of each business, our
assistance commonly focuses on the following areas:
-
Improve manufacturing quality,
service, cost and safety programs
-
Improve management information
systems and accountability standards
-
Rationalize unprofitable
operations, products or relationships
-
Improve employee benefits and
compensation
-
Execute a selective tuck-in
acquisition strategy
-
Strategic plan
development
-
Recruit/mentor talented
management
CMA expects the senior
management of a company to lead the operation and be fully
responsible for the development and successful execution of
annual business plans. The company's board of directors, which
will normally include the company's president and other key
managers, approves each year's plan.
Key leaders of each business
will be expected to invest equity in their business and will have
market-based, equity incentive plans to earn additional ownership
through superior performance.
Bottom line -- our
efforts allow engineers to develop and be inventive, sales and
marketing executives to work with customers and operators to
focus on quality production and service.
“My longstanding
experience with the CMA Principals has taught me that they are a
unique combination of contributory, hands-on management and an
informed source of patient capital.”
Cook
Jordan - Principal, Jordan-Knauff & Co., Chicago,
IL