Changing for the Better
Brown & Williamson Tobacco awarded the company the largest contract in company history and required new reporting systems to track, invoice and provide weekly status reports. Links were created from the ERP software to Excel automatically creating Key Performance Indicators (KPIs) and spreadsheets for B&W executives.
The three partners of the NJ location needed to renegotiate their ownership agreements with Strive. Brokered the negotiations by providing historical data and counseled the partners on the choices available: The partners traded 25% ownership of the NJ sub for 18% of the consolidated parent which included a $2.7 million dividend payout on completion of the negotiation, and a $11.2 million payment when the company was sold in 2011.