Situation
- $150M Equity Owned Specialty Healthcare Provider
- Client was in the final stages of acquiring a like-sized specialty health practice in a new geography
- Given the size and complexity of the deal, the need for a formalized IMO to facilitate the integration process from end-to-end was identified
- In the past, issues with establishing an integration plan and process later in the deal life cycle had hindered the ability to successfully achieve their investment thesis
- SLKone was hired to establish and facilitate a successful integration of the two practices, enabling the anticipated growth potential
Bespoke Solutions
- Prepared the business for the integration process by conducting strategic reviews, facilitating integration planning activities, and developing an actionable roadmap with all business functions
- Leadership Interviews
- Critical Path Integration Activity Timelines
- Risk Matrix
- Integration Project Plan
- Communication Plan & Documents
- Provided leadership and integration management activities to ensure successful integration of the organizations
- Prioritized activities for first six-months of integration and assisted with activity integrations into normal processes
- Developed reporting mechanisms for weekly progress, issue documentation, and escalation against pre-defined targets and metrics
Leading With Results
- Successfully aided leadership to navigate the intricacies of the two unique organizations coming together
- Facilitated cohesive communication and collaboration between equity sponsor, current practice and targeted practice through actively managing interactions and challenging cultural norms
- Created a repeatable process, supporting structure, and plan to leverage in future transactions
- Integration successful, equity sponsor identified the use of SLKone in future transactions