The manufacturing industry is a crucial sector of the global economy, transforming raw materials into finished goods. The industry is evolving rapidly, driven by technological advancement and changing consumer demands. At Quest, we have helped businesses in the industry that need M&A services to CFO support services. Quest has options for any business and will meet the owner where they are at in their journey.
$30M Industrial Manufacturing Company
The Challenge: Working with the CEO and Management Team to help stabilize and grow the company during post-covid times.
The Solutions: Acted as the Fractional CFO to this subsidiary of a NYSE company by having a high-level budget, financial and strategic reporting and presentations to publicly listed management team.
The Results: Made the company over $200,000 in year 1 by developing efficiencies and negotiating settlement with vendors.
$75M Industrial Manufacturing Company
The Challenge: Helped the company transition from the death of principal as Pres/CFO after full-time CFO resigned.
The Solutions: Worked with a broker to establish exit strategies for the company and 4 subsidiaries as well as negotiated variable pricing to customers based on fluctuating steel prices resulting in multimillion dollars in revenues and profits.
The Results: Was able to negotiate $2M retroactive price concessions from major customer. This resulted in a $5M+ in increased price changes for future 2 years.
Types of Manufacturing
Size
Customer Concentration
Quality
Growth Trends