Post-acquisition integration

Engaged by a leading mid-market private equity fund to support post-acquisition value creation for a portfolio company in the industrial equipment manufacturing sector.


The target, located in Western India, generates annual revenues of approximately INR 2,500 crores and operates across multiple product verticals, catering to domestic and export markets.

Key sticking/ pain points:

  • Inadequate MIS systems, inconsistent monthly reporting, and delayed data impacting decision-making.
  • Lack of clear cost attribution at SKU or plant level.
  • Resistance to change or lack of buy-in from the founding/legacy team.
  • Heavy reliance on manual processes and outdated ERP systems.

Hillpine’s value proposition

Value creation

  • Supporting the PE team in defining and executing the 100-Day integration plan;
  • Set up monthly MIS and flash reporting systems;
  • Identified working capital improvement opportunities;
  • Recommended pricing changes and rationalized unprofitable SKUs;
  • Evaluated backward integration opportunities.

Results of the suggestions

  • Financial governance: reporting lag reduced from 20+ to 7 days;
  • Working capital: a cash unblocked;
  • Leadership & Org setup: Key leadership positions filled
  • Margin enhancement: unlocking a potential reduction in sourcing costs and improving gross margin