Mills and Partners, Mergers, Acquisitions, Investments, capital, money, business, research and development, James Mills, Thomas Mcghee, investment banking, business venture

 

Operations Activities

The success of the Mills & Partners' companies has been achieved through strategic acquisitions as well as significant growth in revenues and earnings within the core operating businesses. These strong operating results are driven by a committed group of employees and a dedicated professional management team. Each of the operating companies has a management team consisting of a President, Vice-President Finance, Operations Managers and a Sales and Marketing team. This management team is responsible for the day-to-day performance of their respective company and daily reporting to Mills & Partners. Mills & Partners participation in the operations of the companies includes strategic and tactical planning and direction; day-to-day decision-making and operating counseling including daily bookings, billings and cash monitoring; monthly operating reviews; and corrective action planning.

The planning and decision-making function of Mills & Partners encompasses activities that look to the future and take necessary steps to ensure the long-term strength of the companies. Mills & Partners' involvement in planning and decision-making at the operating company level includes the following:

Developing and Implementing
Performance Enhancing Strategies

  • Penetration of Adjacent Markets
  • Optimization of Distribution Channels
  • Vertical Integration
  • Recessionary Planning
  • Supplier and Customer Contract Negotiations


Developing and Implementing Cost Reduction Strategies

  • Overhead Reduction Through Plant Consolidation
  • Product Synergies
  • Market Synergies


Ancillary Financing

  • Capital Leases/Operating Leases
  • Sale/Leasebacks
  • Sale of Accounts Receivable
  • Accounts Receivable Securitization Transaction
  • Industrial Revenue Bonds


Monitoring performance activities

  • Analysis of Daily Bookings, Billings and Cash
  • Analysis of Financial and Operational Results
  • Monthly Operating Reviews


Overseeing the Budgeting Process


Overseeing the auditing Process


Communicating Results

  • Equity Partners
  • Board of Directors
  • Stockholders
  • Bondholders
  • Senior Bank Lenders
  • Investors/Analysts


The overall objective of the operating strategies and activities developed and executed by Mills & Partners is to grow revenues and EBITDA (earnings before interest, taxes, depreciation and amortization) while ensuring the long-term strength of the companies and superior returns for the investors.



© 1996 - 2002 Mills and Partners, Inc.
Mills and Partners, Mergers, Acquisitions, Investments, capital, money, business, research and development, James Mills, Thomas Mcghee, investment banking, business ventureMills and Partners, Mergers, Acquisitions, Investments, capital, money, business, research and development, James Mills, Thomas Mcghee, investment banking, business venture