A privately owned publishing business was looking to create an exit strategy. However after the departure of their chief accountant they were facing a collapse in financial performance followed by a complete accounting breakdown.

The existing strategy of multiple launches to boost revenue was exposing the company to a fundamental lack of flexibility, as well as consuming an excessive percentage of share capital. This resulted in them being unable to respond to change in the marketplace, such as establishing new products or responding to developments in market for existing core products.