Humatica supports Solifos AG and HVD Partners with carve-out and turn-around of Swiss fiber-optic firm
Humatica has supported Solifos AG’s management and HVD Partners with the carve out and rapid turn-around of the former Brugg Cables company active in fiber optic cables for sensing, defence, and telecommunications. Solifos is a leader in the area of distributed sensing cables for critical infrastructure and high-reliability defence and security applications. Following years of losses, the company has demonstrated sustained profitability for the first half year of independent operations.
According to André Zengaffinen, CEO of Solifos, “we achieve a rapid turn-around of the business through good collaboration among all stakeholders, including our advisors. Humatica helped us to accelerate the carve out, define a value growth strategy, establish new processes and align the organisation.”
Jouni Heinonen, Partner with HVD and chairman of the Solifos board, adds “turning around a chronically loss-making division is a big task. To do so within one quarter is a significant accomplishment. We would not have been able to achieve this without good collaboration with the Solifos management team and Humatica’s support.”
About Humatica
Humatica is a specialist consultancy helping private equity investors and portfolio company management teams to increase value through organisational excellence. The firm applies hard-facts analytics to deliver quantified transparency on the behaviors which drive value growth, and assists leaders with implementation to realize bottom line benefits.
To view the Press Release: Humatica AG supports Solifos AG and HVD Partners