Parmesh Bhaskaran
Global Leader of End-to-End Supply Chain, Partner & Managing Director
Chicago
Parmesh Bhaskaran
Partner & Managing Director - Chicago
How we helped
A North American packaging manufacturer required integrated restructuring and cost reduction strategies before they could realize earnings growth and prepare for M&A.
AlixPartners spearheaded a recapitalization in conjunction with early refinancing—without an investment bank—to increase EBIDTA by 40%.
Our team further streamlined operations and uncovered savings in selling, general and administrative expenses—realizing additional savings by increasing efficiency in procurement and logistics.
$150mn +
increase in EBITDA
We went on to support due diligence and integration for seven companies, attaining an ultimate savings of 150+ million through synergy capture thanks to our reorganization and streamlining efforts in plant operations, consolidation and interim management, and refined pricing. Our efforts supported earnings growth and paved the way for a smooth and successful M&A.
