In this special episode, Unquote editor Greg Gille speaks with Jan Kengelbach, a partner in charge of portfolio operations at BC Partners, about how to drive growth at an operational level.
BC Partners invested in Aenova – a contract development and manufacturing organisation (CDMO) – in 2012, but when the business floundered in 2017 from a market leading position, BC decided to take the wheel and steer the ship back towards growth.
Kengelbach was appointed CEO and has spent the following four years returning the company to profit through operational, commercial and organisational change.
0:00 – Intro
4:21 – Running a CDMO
9:56 – Switching up strategy
14:47 – Management by common sense
18:42 – Lessons learned
Note: BC Partners owns a minority stake in Unquote publisher Acuris
Theme music: ©2012 Kick Up The Fire
Strategy will target later-stage life sciences businesses, as well as undervalued listed companies
Fund has a special focus on the e-commerce, software, cybersecurity, fintech and blockchain sectors
GP is looking to invest in 35 tech startups in Europe and the US that are focused on the climate
Partners Hubert Deitmers and Martijn Hamann will now be the sole owners of the firm