Mergers and Acquisitions

Welcoming new member Giovanni Fontana Giusti

Umbrex is pleased to welcome Giovanni Fontana Giusti with Stradé. After an engineering degree and an MBA Giovanni started in consulting in a French consulting firm (Bossard) then in Bain London and Sydney. After that he worked as an executive, then as a CEO/Business owner in the luxury business on one hand, and in the TIC industry (Testing, Inspection and Certification).

Now he works as an independent consultant in Italy and in France.

Welcoming new member Joy Fairbanks

Umbrex is pleased to welcome Joy Fairbanks with Fairbanks Venture Advisors. Joy is an experienced founder, investment evaluator, and advisor to high growth, innovative companies across sectors. Prior to forming her own boutique advisory, she served clients at LEK Consulting and Mitchell Madison Group where she was an engagement manager.

Joy has extensive experience advising companies across geographies from M&A and strategic planning to process improvement and supply chain management. She advises on business modeling, customer discovery, MVPs/prototyping, product/market fit, go to market strategy, fundraising/investor presentations, partnerships, operations, and financial forecasting.

Joy is an active advisor across accelerators and university startup communities including: Blackstone Launchpad (powered by Techstars), Venture Out, Inventor to Founders (I2F) Cyber NYC, StartEd’s NYU New Media Lab, Stanford University’s Lean Launchpad, and Columbia University’s Entrepreneurship Design Studio.

Joy is open to collaborating on projects of various types, particularly those that make an impact on people, markets, and the planet.

Welcoming new member Marco Piacentino

Umbrex is pleased to welcome Marco Piacentino with Soir Bleu. A blend of strategy, operations and M&A consulting activities are the characteristics of Soir Bleu srl, the firm that Marco founded in 2012. The aim is to provide clients with an advantage point through a comprehensive, generalist view of their business with a touch of specific industry knowledge.

Before 2012 Marco has been Senior Partner in charge of the ICT and Business Services Practices at Cross Border s.r.l., an M&A Boutique, member of Global M&A an International Network focused on Mid Market Transactions. His industrial professional career includes more than ten years at the Olivetti Group where he managed subsidiaries in Europe, Asia And Latin America. Marco also covered Corporate positions with international breadth, including VP Marketing EMEA at Unisys. International M&A projects, JVs and Corporate Counsel for Italy are the areas where Marco looks forward for collaboration with other professionals.

Welcoming new member Peter Korponai

Umbrex is pleased to welcome Peter Korponai with Hungarian Enterprise Development Institute.  Peter has been running his strategy consulting practice since 2011. Peter started his career in consulting at McKinsey, where he spent 4 years working mainly for banking and energy sector clients in Hungary and neighboring countries. After McKinsey, he worked in line management as CFO in the medical device manufacturing and interactive media sectors.

In 2007, he returned to consulting and joined CEMI, a Central Eastern Europe focused strategy boutique founded by McKinsey alumni. Peter has extensive experience in the area of strategy, restructuring, M&A, and investment management. He has been serving VC and PE clients as well to enhance value creation at portfolio companies.

Peter lives in Budapest, Hungary and he is happy to collaborate on projects involving the above mentioned topics.

The Upside of Divestitures

 

Jeff Perry shares a post that identifies the positive potential of divestitures in a company’s growth portfolio. 

Houston, do we have a problem? While many companies talk about the need to regularly reshape its portfolio, divestitures are too often considered aborted missions. Quite the contrary, divestitures can be rocket fuel for other business priorities of the parent company.

Divestitures are unsung in portfolio-shaping. When businesses are rumored to be for sale, many questions are raised internally and externally: Why is the business on the block? Is it underperforming? Was it starved investment? Was required management talent lacking? Why would the business be of more value to someone else?

Divestitures are not typically afforded the buzz and attention of their M&A cousins. When companies announce major acquisitions, there is often great anticipation and excitement regarding how the newly acquired entity will drive growth, expand geographic markets, expand products and services, and/or improve supply chain efficiency. High potential leaders in the business lineup for roles to help in acquisition and integration processes.

When divestitures are considered, first, there are fewer people “in the know.” When it is more known that a business may be a divestiture candidate, in addition to the questions highlighted above, high potential leaders often run for the hills. People may experience changing allegiances throughout the divestiture process as well. While everyone starts thinking on behalf of the parent company, some will shift to wearing the hat of the divested business, especially if they are ring-fenced and going with the deal.

 

Key points include:

  • The barriers to overcome
  • Creating value
  • Capital raised

 

Read the full article, Divestitures Can Be Rocket Fuel, Not Aborted Missions, on LeadMandates.com.