JANUARY 12, 2015, Southborough, MA – Newmine, a focused consultancy with practices that support the entire retail business cycle, today announced consulting services for private equity firms who invest in retail and consumer sectors. The Newmine services build on their significant work in this area, and offload the significant—and often unexpected—complexities of transitioning a newly acquired retailer or consumer brand as quickly as possible with minimal risk to customer service, market perception, or financial performance.
Recognizing that speed and efficiency are key to a successful transaction, Newmine’s Private Equity services include change management, systems and operations integration for merged organizations, technology and process assessment and improvement, as well as long-term planning for continued optimal performance. All services are focused on reducing risk and speeding successful transitions of people, operations and systems.
“There is much uncertainty during the acquisition or merger of a retail business,” stated Navjit Bhasin, Newmine’s CEO. “We are able to use our experience, expertise, and proven methodologies to greatly reduce a private equity firm’s risk as well as minimize the challenges to the retail organization during the transition and ongoing.”
“You must stay focused on the priorities of running the business during a merger or acquisition,” said Jerry M. Socol former CEO of Filene’s of Boston (now Macy’s) and J. Baker. “It’s critical to understand the exposure points, have a plan to integrate staff, operations, and systems, and to be able to execute quickly and effectively. Newmine has proven their ability to do this in numerous engagements.”
Newmine has engaged with private equity firms in a number of projects ranging from shared services development to change management and pre-acquisition due diligence. Our engagements have successfully helped private equity firms and their portfolio companies re-launch iconic brands in weeks, reduce operational expenses by millions of dollars by better leverage portfolio assets, and establish shared services across companies for operational improvement, cost savings and cross-company growth opportunities.
Newmine, LLC is a focused consultancy with practices that support the full retail business cycle. Services include systems and operations strategic planning, evaluation and optimization, due diligence for merger and acquisition events, change management and business integration. We provide these services to retailers, consumer brands and private equity firms with investments in the retail sector.
The company specializes in helping businesses develop and bring to market a coherent omni-channel retail strategy, assess and optimize operations and systems for revenue growth, cost reduction and risk mitigation. Newmine also enables new infrastructure projects with existing IT and operational staffing. Newmine’s experienced, hands-on team offers a high-value alternative to large, traditional consulting firms.
Our clients, which include mid-market and multi-billion dollar retailers, internationally known brands and nationally known private equity companies, rely on Newmine to keep them competitive, profitable and to enhance the value of their brands. For more information about how Newmine can drive positive change for your business, contact firstname.lastname@example.org or www.newmine.com.
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