- Engagement Type: M&A, Tech Strategy
- Industry: Software
- Sector: Online Storage
A start-up company with a large capital investment was caught in a technology change and had already burned through most of the capital allocated to the company. A cyclical economic turn removed most of the revenue stream from the company’s portfolio. The company had to quickly cut costs and find a buyer for the technology it had developed.
Morgan Hill operators created a plan and executed on the following:
- Developed a strategy to package the IP of the company and find a buyer
- Eliminated all non-essential members of the work force
- Found and presented to potential buyer
The company assets were sold to a competitor of the firm.
About Morgan Hill
MHP was founded on the principle that deep industry knowledge, pragmatic operating expertise, and a unique playbook produce superior results. We create strategies and deliver operational support, aligning with stakeholders to achieve objectives. Honed at hundreds of technology companies, our innovative, capital efficient Operators as a Service model is battle-tested and, quite simply, works.