Lakelet Capital LLC
Partnering for Proven Results
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Results

Results

Sector / Business Description of Company Results
Alternative Energy Regional engineering and metal product company where one client constituted over 60% of the business. Diversification was required. Design, implementation and roll-out of a new product line and new market for an established entity of 40+ years. Leveraging the current asset base and organization. Within 3 years this new product line represented over 30% of the business.
VoIP (Telecommunications) Value Added Reseller of solutions. Improved the A/R & A/P accounting productivity by 147% through measurements, triaging workflow and training.
Manufacturing Large Customized Fabrication Projects averaging +$1.5M/project. Very high end engineering. Strategic sourcing generated a net savings of 18% of administrative and IT expenditures.
Electronics Regional entity transformed to an international player within the electronic transportation market. After 3 years, the Company conducted IPO. Tripled the number of customers within 18 months based upon an international service / market strategy.
Medical Supplies A producer & distributor of medical supplies with revenue of $50+M. After 24 months, company sold for a significant return on its initial investment. Initially unable to provide optimal delivery, quality and automation. Via continuous improvement within the 1st quarter we achieved a 23% improvement, 2nd quarter a 31% improvement. Each improvement percentage dropped to the bottom line.
Software A software developer specializing in the legal / accounting markets. Able to sell the Company within 20 months. Introduced new product in a competitive software market for service organizations. In 12 months, +500 professional firms on this solution.
Distribution National transportation distributor with 1,000+ parts. Re-engineered the warehouse & transportation facilities. Implemented standard process & solution for these logistics centers, resulting in an immediate savings of 18.5% upon completion of 9-month project.
Office Supply B2B provider of office supplies. In this highly competitive market that is virtually price elastic, we were able to expand the business by providing customers the ability to allocate a portion of our profits to a charity of their selection. This entire process was automated.
Healthcare Regional healthcare provider. Increased labor efficiencies 13% by optimizing training and services.
Metal – High-end Metals A profitable entity was not able to leverage its standards, software and brand for its 18 facilities. Implemented “state-of-the-art” bar coding and automation in facilities to optimize productivity and reduce inventory requirements. Net cash flow savings was over $1.5M in 1st year.
Packaging A provider of specialized packaging with revenue of $25M. Key international clients with high demands and short lead times. Reduced inventory by 28% in 60 days using the A, B and C inventory analysis, generating an immediate cash infusion and savings of $7.7 million.
Medical Devices Regional medical device company where the sales stagnated. Utilizing the “Balanced Scorecard”, designed, implemented, and monitored a sales performance matrix with weekly feedback to a sales force of 32. First year, sales increase by 10%.
Manufacturing – Tier II Automotive Manufacturer National parts provider which was not able to automate its order with the “big boys” due to legacy systems. Increased automated orders by 170% in 15 months.
Finance Services Collection Agency. Saved a recognized 21% in efficiencies and customer loyalty by reengineering customer service.
Telecommunication Regional telecom company that we were able to expand to Canada and the Middle East. Via our international networks, we were able to leverage our network solution to both Canada and the Middle East. This not only allowed the business to increase revenues by 15%; moreover, business was able to leverage our 24/7 support and teams. More revenue with minimal additional costs / overhead.
Beverage Company Adult beverage company where the focus was challenged with regards to perceived customer vs. true customers. Restructured the balance sheet and negotiated distribution with national players in markets we were not able to address.
Paper Manufacturer Highly specialized paper manufacturer with $50+M in revenue. Brought on specialized resellers to stabilize and improve revenues by +18%.
Manufacturing – Aftermarket International company where growth was a challenge. We needed to be able to improve our cash by optimizing cash flow. Prepared economic model and implemented Economic Value Added (Stern Steward’s EVA Methodology) in 45 days. Generated +4-day improvement of cash on hand in 60 days.
Engineering Firm A regional engineering firm. Added 15% to the top line by focusing more on the value added engineering vs. the “commodity of the construction” phases.
Manufacturing Remanufacturer of transmissions. Regional company with $22M in revenue. Implemented “state-of-the-art” bar coding and automation in facilities to optimize productivity and reduce inventory requirements. Net cash flow savings was over $1.5M in 1st year.
Financial Services Regional lender of specialized loans. Improved net working capital by 23% in 28 days by addressing basic technology utilization and training.
Manufacturing High-end commercial plumbing appliances with revenues of $10+M. Increased gross margins by 4% points within 3 months by strategically adjusting prices. No customers were jeopardized or lost during this exercise.

These results reflect (1) certain “forward-looking” statements as to future opportunities and/or growth prospects, and (2) select results of prior consulting engagements by our affiliate – Lakelet Advisory Group. Neither Lakelet Capital nor any affiliate, nor any of their respective employees, agents or representatives, makes any guaranty that any such statements or any results discussed on this site may be achievable for any specific business that Lakelet invests in.