INFORMATION TECHNOLOGY
Case Study #1
Cheltonian International, London-UK, The Hague-Netherlands, Oslo-Norway, Johannesburg-South Africa, Sydney-Australia and Paris-France.
Engagement:
Lakeland Asset Management was a venture capital partner in a distressed equity situation and turned the company around to high profits before selling to a publicly traded company.
Process:
Lakeland Asset Management purchased a 51% interest in the business that was about to go into foreclosure. A complete turnaround was achieved through innovative management, creative information technology engineering and strategic partnerships.
Outcome:
During this 7 year partnership Lakeland Asset Management achieved the following:
.....- New software development strategy from an in-house developed database to integrated
.......software with Oracle.
.....- Increased sales and new technologies through research and development and strategic
.......partnerships.
.....- Opened new offices with local personnel in Paris, France and Amsterdam, Netherlands.
.....- Sold the corporation at peak value to a publicly traded software and database company.
Key Capabilities:
.....- Ability to step in to a disastrous situation, recognize long-term intrinsic value and apply
........innovative management and sales techniques and goals.
.....- Utilization of the Lakeland Asset Management Group's extensive business savvy and the
.......ability to learn new industries in short order..
.....- Knowledge and understanding of construction and complex contractual issues.
.....- Ability to negotiate multi-million dollar corporate buy-outs due to vast knowledge of the
.......business from hands-on operation, awareness of the true market value and the ability to
.......identify the right buyer for the asset.
