Success Stories
NXT’s founding partners have decades of experience developing companies, acquiring companies, and helping owners make a successful and profitable exit.
Our experience spans many sectors including manufacturing and distribution (energy, including green energy, agriculture, heavy equipment and furniture), composite fabricators, telecom and cable operators and financial services.
We have restructured, streamlined, refinanced and developed companies that are now recognized as world-class operations.
We have sold businesses to private equity firms, facilitated acquisitions to international companies, supported strategic acquisitions (by a competitor), and facilitated sales of companies to Manitoba business owners.
Case Study : Equipment Manufacturer
In 2010 the founding partners at NXT were asked by private equity owners to manage the turnaround of a Winnipeg-based equipment manufacturer. The company had significant operating challenges, which resulted in concern with its ongoing viability.
NXT implemented significant changes in corporate culture, product offering, markets served, and operations. We focused on increasing profitability, process improvement, enhanced customer relationships and the development of Intellectual Property and product innovation that positioned the company for sustainable growth. The company was able to improve profitability and increase market share.
Three years later, the manufacturer was sold to another private equity investor, with all debts paid and a significant return to the original equity owners.