construction equipment dealership and construction supplies distributor

$60M Revenue

Company Overview

The Company sells construction equipment and supplies and rents a wide variety of construction equipment to major companies and smaller independent contractors, through several retail locations.

Engagement Overview

Fort Dearborn Partners was engaged to help the Company improve cash flow and profitability. 

FDP analyzed and created the Company’s first profitability analysis by line of business and by key customer. 

Through our strategic and operational assessments, several changes were implemented, including:

–restructuring the senior management team and their respective responsibilities;

–increasing pricing selectively;

–reducing inventory;

–divesting underperforming assets;

–enhancing cash management and credit policies;

–designing/implementing the Company’s first commission plan; and

–improving data quality, reporting and operational analysis.

Results

The changes identified by FDP increased revenue by 5% and improved profitability by $1.8 million compared to the prior year.

FDP News

Jan - 25

FDP Advises Northern Wholesale Supply

Fort Dearborn Partners ("FDP" or "Fort Dearborn") is pleased to announce that we served as the sole financial advisor and investment banker to Northern... Read More

Oct - 23

Max Bechtel and Austin Curtis join Fort Dearborn Partners

Please join us in welcoming the newest members of the Fort Dearborn Team, Max Bechtel and Austin Curtis.

Read More