MK Value Creation Advisors is an International Consultancy.
Reliable Residential Holdco, the largest franchisee operator with Neighborly, the world's largest home services company, was formed by Franchise Equity Partners (FEP). Operations are in Florida, Columbus, OH, and Oklahoma City, OK. Tim Miller’s role as the Chairman of the Board is to a) help build out the platform (Personnel, Technology, Finance, HR, Operations) to be a consolidator in the Home Services sector, b) Mentor the executive team and c) Execute on acquisitions.
A highly respected PE firm bought a company operating in various geographic locations with very strong sales processes and performance but with limited historical focus on; backoffice controls, inventory systems, vendor terms negotiations, Sales and Operations Planning and working capital management. A principal within our firm was deployed to attack these issues and the results of the engagement have been: Standard Operating Principles and controls were developed and adopted, new inventory system was implemented which enhanced visibility, reporting and control points, replenishment settings were lowered by improved understanding of lead times resulting in reduced inventory on hand, vendor terms re-negotiated along with developing new annual rebate programs, S&OP adoption that focused on critical steering decisions driven by KPI's and a cultural shift that focused on actions, guiding the organization, taking a broader full enterprise view and continuous improvement.
A 5 location car wash company with operations in Florida hired an investment banker. We came alongside the seller to assist in reviewing various Private Equity Firms and helped the founder/owners decide on what PE would be the best fit along with determining which firm would offer the highest potential long term returns. Additionally, we worked with the seller during the process to help guide them through the process and be a sounding board.