As we head into the summer, Monomoy Advisors hopes that you are well on your way to achieving your 2023 goals. The Monomoy team looks forward to continuing to serve our clients.
Here are some recent projects for which the Monomoy team has been engaged –
- Performed diagnostic of the financial operations of a life sciences company to identify performance gaps, developed a roadmap to address the identified weaknesses and implemented enhancements to improve internal reporting.
- Worked with early-stage biotech companies to complete R&D portfolio optimization scenario planning, capital preservation initiative assessments and runway extension analyses.
- Supported execution of a business unit divestiture including short-term financing and the shareholder approval process, including SEC filings.
- Advised a retail and a CDMO client in structuring and accounting for sale-leaseback and build-to-suit leasing transactions to leverage unique financing options in the current environment.
- Led efforts for a client’s proxy statement and annual meeting process, including the implementation of the pay versus performance standard.
- Supported the optimization of compensation incentives to drive revenue growth for an emerging technology company.
- Advised a publicly traded biotech company through a downsizing to ensure retention of critical talent, optimal financial outcomes and key stakeholder and BOD alignment.
As the Monomoy team continues to anticipate our clients’ potential needs, we have identified the following recent market trends which we would be happy to discuss with you –
- The challenging economic environment, including high inflation and tight financial markets, is forcing companies to reassess their strategic priorities, financial runway and financing options.
- Initiation of IPO readiness plans in anticipation of the financial markets reopening in the mid-term.
- Review of real estate utilization and optimization considering reductions in overall headcount as well as the continued remote work environment.
- Innovative strategies to ensure employees are engaged and aligned with organizational goals to improve retention, satisfaction, and productivity.
We are proud to serve over 60 clients across various industries including life sciences, technology/SaaS, industrial & manufacturing, consumer & retail, and services, ranging from public and private companies as well as venture capital and private equity backed firms.
In addition to serving our clients, we believe it is important to also serve our community. Recently, the Monomoy team volunteered to package and provide food to families with a local food pantry as part of the Life Sciences Cares initiative.
Heading into the summer, we offer our thanks to our clients once again. We value our client’s trust and realize that it has been critical to our success. We sincerely appreciate if you take a moment to “follow” our Monomoy Advisors LinkedIn page at https://www.linkedin.com/company/monomoy-advisors/. Our focus is thought leadership, insights, and other relevant content, including real-time updates on current events.
