DEVELOPMENT AND IMPLEMENTATION OF THE BUSINESS PLAN

We believe the best path to long-term value creation for all stakeholders is through the development of a strong management team and the execution of a well-conceived business plan. 

While management is a central component of Crosse+Partners’ investment philosophy, we understand the dependence upon the shareholders and other challenges and limitations family-owned business face.  Therefore we anticipate developing and/or augmenting an existing management with outstanding people who have proven themselves to be superior leaders and managers as well as possessing the ability, experience, integrity and motivation to succeed.

Because of the importance of management to our investment goals, we expect key individuals to hold a meaningful equity stake in the company as a way of aligning their financial incentives with ours.  This can be accomplished through flexible deal structures and/or creatively structured equity participation to enhance returns to all.

As we work together to develop a broader management infrastructure, Crosse+Partners will maintain an active and hands-on relationship, but not day-to-day role, and will be focusing on corporate strategy, financing policy, business and product line acquisitions, marketing opportunities, and other aspects which are critical to the success of the enterprise. 

The end goal is to develop a positive working ‘chemistry’ with a strong, experienced management team that can lead portfolio investments through a development process that increases growth rates, improves operating margins, augments business systems, and broadens product offerings.