WHY THEY CAME TO US​

• The company suffered significant brand damage due to the actions of one of its founders and directors.
• Creditors were placing pressure on the company as the business had made significant losses and had a negative net asset position.
• A number of loss-making non-core business divisions were compounding a lack of cash available.
• The landlord had commenced legal proceedings to evict the company from their premises.

WHAT WE DID

• Diagnosed that the company had a good business model.
• Identified the impact that the actions of the founder / director had on the brand and ascertained that electrical retailers had withdrawn support for the company, significantly impacting revenue generation.
• Developed a brand strategy to rebuild and repair the damage done to the company’s reputation.

WHAT WE DELIVERED

• Capital raising to acquire the business.
• Procured the support of the company’s key employees, landlords, energy retailers, and Google.
• Developed and implemented a new business & turnaround plan with a focus on the core business activities.
• Implemented action plans to repair the brand with Australian consumers.
• Saved over 50 jobs.
• Delivered a return to unsecured creditors of the old Energy Watch entity.
• Lead the sale of Energy Watch to listed company iSelect.