The Situation
DataSoftCo* needed a turnaround strategy to reverse its financial free-fall.
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Our Approach
To increase accountability and restore profitability, DataSoftCo needed to evolve from an infrastructure company to an application software company serving its core customer base.
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Our Recommendations
After creating a path to profitability, Bain recommended a growth strategy based on the application software business.
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The Results
Since Bain's involvement, DataSoftCo has transformed $100 million in annual losses into strong profits and replaced declining revenues with a 10-15% increase. DataSoftCo is actively pursuing further acquisitions in order to anchor Bain's recommended growth strategy.
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* We take our clients' confidentiality seriously. While we've changed their names, the results are real.