ForteCEO is a finalist for The M&A Advisor Turnaround of the Year for 2008 for the Sale of Ann's House of Nuts.

Our work with Ann's House of Nuts over a 20-month period led to a successful sale to Olympus Partners in July 2008. (read the press release)

Upon engagement, Lincoln International recognized that Ann’s had several challenges – including the lack of timely financial reporting and a comprehensive strategic growth plan – to getting a transaction completed. As such, the owners of Ann’s hired ForteCEO, a consulting and interim leadership firm that works with underperforming and undermanaged businesses, to identify the issues and establish an immediate action plan.

ForteCEO worked with Lincoln and management to accomplish the following:

• Brought in new management team who could implement changes quickly and stay with Ann’s after its sale
• Revitalized financial systems to deliver timely and accurate information
• Revamped human resources policies; installed performance-based bonus system, increasing efficiency by nearly 80 percent
• Created a base of skilled permanent workers that met efficiency and quality targets

Click here to read the Private Equity Professional Digest story about Ann's House of Nuts and how ForteCEO helped turn around declining trends and prepare the company for sale.

Lincoln International, a global middle-market investment bank, acted as the exclusive financial advisor to Ann's. The firm worked extensively with executives from ForteCEO throughout the sale process, including providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.