CRO appointment

WayPoint Change has been hired by a national private equity firm to work with the management team of a 2005 service sector buyout which has been significantly loss making in its last 2 financial years and was under significant banking pressure as a result. An operational turnaround has included overhead savings, disposal of a non-core activity and a change in operational model. A return to strong profitability and financial controls over working capital levels have enabled a significant debt reduction.

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