The two owners were in a disagreement about the future of the business. We stepped in as the temporary CEO correcting a backlog of sales by reconnecting to the customers and stimulating orders. We had to reduce staff which had never been adjusted with the past three years of downturn in sales. In May when we started the company had a value of $1.5m; eight months later we were able to achieve a $10m cash at close transaction for the owners, solidifying both of their needs for the future of their families.
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