Case Study #99: When Your Exit Strategy Turns to Survival Mode
When Suja Juice’s buyout fell through and left $40M in debt, discipline—not a rescue deal—turned the company around. Lessons for any exit plan.
When Suja Juice’s buyout fell through and left $40M in debt, discipline—not a rescue deal—turned the company around. Lessons for any exit plan.
Simple Closure was born to help companies shut down efficiently and legally, avoiding headaches and penalties in the years following.
Realizing much of the business would resist automation due to segmentation, Murray Kent made sure to invest in the right sorts of people.
Jay Richards had sold t-shirts and houses but had never built a serious business until he created Imagen, a market research firm.
It’s encouraging to see companies like Gravity building a positive universe of work and contribution.
In November 2023, Dave Gilbert bought Proven CFO (now rebranded as Proven). We will look at what he learned as he took over the business.