When your company was smaller, your operations were easier to manage—you could carry key performance and financial information in your head, and adjust operations accordingly. Your management style and your systems could be informal. Yet, as your company grows, you need to implement formal systems for reporting financial and operating results and tracking your company’s performance. You may want to recruit seasoned talent to your board and management team to improve your company’s operations. If you are considering an eventual IPO, you also may wish to start working toward public company standards for financial reporting, board independence and other key corporate governance measures.
Summit Partners can help you build systems that enable your company to succeed, both now and in the future. Summit can develop executive dashboards to track key performance metrics and help you identify revenue enhancement opportunities. In addition, Summit can provide functional expertise in several areas of your business, including sales, marketing, manufacturing and supply chain, human resources and recruiting, finance, and strategy.
Here are some examples:
- Summit Partners helped Anesthetix Holdings LLC strengthen its corporate infrastructure, including financial reporting, human resources and business development. The company’s commitment to metrics-driven quality impressed eventual acquirer, TeamHealth Holdings.
- While working with SafeBoot Holdings BV to upgrade its systems and reporting to public company levels, Summit helped recruit a new independent board member and advised the company on operational and strategic plans for expanding in Europe and North America.
Summit’s board representative became a valued member of the MDVIP Inc. team, providing strategic input on an array of operating issues, offering counsel on upgrading the company’s financial reporting systems, and preparing for an eventual strategic sale to Procter & Gamble.
Summit helped Jamba! AG increase its value by providing guidance at the board level, improving the company’s corporate infrastructure through better systems and controls, and helping to expand its geographic reach from within Germany to across Europe.
Summit Partners has helped many other companies grow through infrastructure development and operational support. To learn more, read the case studies below: