We strongly believe in operating autonomy for management. Because our role is to assist managment in making the acquisition a success, our management and advisory board participate as active members of the Board of Directors, rather than involving themselves in day-to-day operations.
Reporting Requirments
Crown partners work with a portfolio company's management to develop a reporting system that delivers timely and accruate financial information to ownership, management and our bankers and other funding sources.
We believe all of that information, including nonfinancial ones like market share, customer share, repeat business, customer satisfaction and product and service quality, should be available to the management team, board members, lenders and investors. And we help our companies deploy the technology they need to deliver the information required.
Intermediaries
We encourage inquiries from merger intermediaries like investment bankers, business and merger brokers, commercial bankers, finders and promoters, as well as CPAs, attorneys, management consultants and other interested third parties. We also welcome submissions from principals, incumbent management teams and controlling shareholders.
Fees and Response
Provide referral fees.
Senior management makes our acquisition decisions, which translates into speedy responses to submissions; we generally indicate our degree of interest in a transaction within two weeks. We typically complete acquisitions within 120 days.
Confidentiality
At Crown, we maintain complete confidentiality and are more than willing to sign non-disclsure agreements.
Support
Merchant Banking
The Crown Management Approach - continued
Crown Capital
Partners In Building Value