Intramezzo Appointed CEO Achieves Build to Exit within 3 years
28 August 2020
Our client, a highly successful and technically led company, addressed a lucrative vertical market in the professional services sector. The CTO and founder had a number of challenges, given that the business was outgrowing the existing management capability, and his focus was required on technical development.
Intramezzo’s remit was to find a CEO who could drive international expansion and lead the business into the next phase of growth, to achieve an exit within 3-5 years. Experience in managing the challenges associated with high-growth technology ventures was essential. As was a track record in building high-performing international sales teams addressing the professional services sector. The CEO would also need to have been involved in preparing at least one company for a successful exit. Because of the critical nature of this appointment and the founder-led venture, personal fit was elevated as a key criterion during the search and all short-listed candidates were psychometrically assessed.
The candidate selected from our short-list built a definitive plan for exit which led to a substantial increase in the value of the company by driving the development of international markets.
We are pleased to announce that less than 3 years from the CEO’s appointment, an exit was accomplished, at an estimated £50m+.