SUCCESS STORIES
SOFTBRANDS, INC.
SoftBrands, Inc., a provider of software solutions for businesses in the manufacturing and hospitality industries worldwide, was underperforming and its Board felt the best path forward was to sell to a private equity group.
To achieve a better valuation, Connolly and Partners was hired to undertake an extensive profit improvement program. Connolly and Partners improved SoftBrands EBITDA by taking out $1.9 million of G+A. This was accomplished by consolidating accounting and finance operations that were spread out globally into one location and adopting common systems and best practices.
As a result, Golden Gate Capital acquired SoftBrands at a significant premium to the company’s stock price at the start time of Atlas’s engagement..
MISTRAL EQUITY PARTNERS
Connolly and Partners has been a long-term advisor to Mistral Equity Partners. We are engaged to look at prospective investments as well as to assist with programs to grow the revenues of Mistral’s portfolio companies. Significant assignments include the following companies Jamba Juice, Insomnia Cookies, Vino Volo and Ready Ice.
“Michael and his team are great to work with. Atlas brings the right balance of analysis and real-world experience. They’ve improved our batting average!”
Christopher Bradley - Managing Director Mistral Equity Partners
