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For investment funds & portfolio companies

From buyout to exit, a senior at the stages where value is made.

Before signing, during the first 100 days, throughout value creation, then at the exit: a single senior counterpart, at the moments that matter.

No commitment Reply within 24 hours ex-Oliver Wyman · PE experience (Panzani × CVC, APAX)
Value creation Investment cycle
An accelerated J-curve
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1 Signing2 100 days3 Value4 Turnaround5 Exit

One senior at every stage, from signing to exit.

Benoît Mahmoudi, founder of Movari Conseil
Benoît Mahmoudi
Ex- Oliver Wyman
The investment cycle

Five stages, one counterpart

At each stage: the question you are asking, what I do, what you get.

Before signing

Typical duration: 1 week
Your question

“Is this target worth its price, and does the plan hold up?”

What I do
  • Operational review of the target before signing
  • Stress test of the business plan and value levers
  • Execution risks reviewed
Learn more
What you get
  • A reasoned go or no-go
  • Quantified levers
  • A first value creation plan

The first 100 days

Typical duration: First 100 days, extension possible
Your question

“We've just invested: how do we create value, fast and clean?”

What I do
  • On-site diagnosis and a costed 100-day plan
  • Post-acquisition integration (PMI) and hands-on PMO: synergies and quick wins tracked
  • Trade-offs argued and written down
What you get
  • A costed calendar, milestone by milestone
  • Clear investor reporting for your committees
  • The value actually captured, not just on paper
See the calendar, from Day 1 to Month 3

Creating value during the holding period

Typical duration: Depending on the mandate
Your question

“How do we grow EBITDA and cash during the holding period?”

What I do
  • Margin, cash (working capital), spend, organization: I look for where the value is
  • Integration of build-ups (external growth)
  • Action plan run with management
Learn more
What you get
  • Levers prioritized by impact
  • Gains tracked through to the budget
  • Monthly follow-up with the fund and management
See one lever in detail: the full spend audit

A portfolio company that slips

Typical duration: 6 to 18-month mission
Your question

“A portfolio company is slipping: what do we do, and who takes the helm?”

What I do
  • Rapid diagnosis
  • Turnaround plan
  • Interim management: I take over program leadership or run operations on an interim basis
What you get
  • A candid assessment within a few weeks
  • An action plan
  • Day-to-day steering

Preparing the exit

Typical duration: 12 to 24 months before exit
Your question

“How do we sell at the best price?”

What I do
  • Preparing the exit 12 to 24 months ahead: making the numbers reliable
  • Proving the gains delivered
  • Preparing the team for the buyer's due diligence
Learn more
What you get
  • An evidence file for the gains
  • A preparation plan
  • Weak points fixed before the buyer finds them
Not sure where to start?

The flash audit reviews the whole company and shows the stage where value is made first.

See the flash audit
2Stage 2 · The first 100 days, from Day 1 to Month 3
Day 1

First contact with key people, mandate and method presented, first governance markers set.

Week 1

Field diagnostic, meetings with the teams, mapping of risks and first value levers.

Week 2

Prioritized roadmap, costed 100-day plan, steering committee set up with a fixed rhythm.

Month 1

PMO up and running, first quick wins under way, value creation plan shared with the investor.

Month 2

Synergies identified and being captured, tighter tracking of gains, monthly investor reporting in routine.

Month 3

Synergies delivered and measured, governance stabilized, handover to the teams or continuation of the mission.

3Stage 3 · One of the value creation levers
Full spend audit

EBITDA from the first months

Every expense scrutinized, line by line: employee health and benefits, car fleet, telecoms, energy, insurance, software, outside services. We renegotiate, cut what is not needed, and lock the savings into the budget.

Map

All spend, by category and by supplier, in three weeks. You finally see where the money goes.

Renegotiate and reduce

Tenders on benefits, fleet, telecoms, energy, insurance and software. And consume less, not just pay less.

Lock in

Savings written into the budget, tracked monthly with the fund and management. They do not leak back.

Delivered: €460 k a year of savings identified on €27 M of purchases, at an industrial company under LBO · HRIS for the NUWARD subsidiary (EDF) deployed at its creation.

Purchasing is only one lever among others. To find out which one weighs most in your portfolio company, the flash audit reviews the whole business, purchasing included. See the flash audit

Value isn't declared: it's steered, week after week.

Entry point

The flash audit, your entry point at any stage.

5 days across the whole company: market and customers, margin, cash, spend (purchasing included), organization.

What you get
  • A summary memo
  • Value levers, quantified and prioritized

This is not a purchasing audit: it is an overview, to know where to act first.

€10,000 excl. VAT
flat fee · 5 days
Versus about 6 weeks and €120,000 at a large firm.
Book a 30-minute call
References

Already done, in a fund context

② The 100 days
Panzani · acquisition by CVC
Post-acquisition PMO · 12 months
Panzani
  • Deployed the post-acquisition PMO
  • Identified and captured synergies and quick wins
  • Structured the transformation for the new owner
③ Build-ups and transformation
Cegid · software publisher
Group transformation, 2,250 employees · 1 year
Cegid
  • Steered the group's transformation plan, €400M in revenue
  • Integrated acquired companies
  • Reported and coordinated directly with the executive committee
③ Value creation
Multi-site network · under LBO, anonymized
Operational excellence · about 2 years
  • Payment terms cut by 14 days, about €300k of cash released
  • On-time interventions: from 68% to 82%
Private equity & portfolio contexts
Ecosystem

Associate experts

Depending on the topic, I bring in trusted experts.

Photo of Charlotte Corgier
Charlotte Corgier
Services procurement & contracts · Founder of OPSHAPE

Led procurement for 5 years at Cegid, then 6 years at Olympique Lyonnais, from Groupama Stadium to LDLC Arena, through to the Paris 2024 Olympic matches.

Olympique Lyonnais LDLC Arena Paris 2024
What I don't do

Three limits, stated clearly

No IT integration or ERP implementation.

No juniors on your account.

No report without a decision.

Formats

Simple, clear, no surprises

Flash audit
5 days, see above
Single-stage mission
Before signing, 100 days, exit: fixed fee on quote
Transition mandate
6 to 18 months, depending on scope
Free · No commitment

Let's talk about your portfolio company in 30 minutes

A first direct conversation to frame the topic:

  • Which stage your portfolio company is at
  • Where the value is, and on what timeline
  • Whether a senior intervention makes sense

A frank, confidential conversation. If it's not the right time, I'll tell you straight.

Pick a time slot

Phone or video call (Meet / Teams)

Book online →
Booking via cal.com/movariconseil · reply within 24 hours
Or call directly
+33 6 21 05 93 09
Or write to me
contact@movari.fr
Book a call · 30 min