- Vision care medical device company acquired for 38X EBITDA
- Acquisition propels portfolio management company to the market share leader in its category
- Branded industrial product manufacturer taken private following big public market gains
- Dick Palermo Receives Richard Heveron Community Partner Award
- STI Chairman/CEO, Peter M. Palermo II, named Chairman of Applied Science Fiction
- Strategic Triangle Inc. Creates Global Alliance With Not-For-Profit Consumer Products Manufacturers Association
Vision care medical device company acquired for 38X EBITDA
Altreya Consulting and its parent company, Strategic Triangle, Inc.,have worked collaboratively with this company’s senior management team since 2003 to guide strategic direction, sales and marketing organizational structure and operational priorities. Our work throughout the organization has ensured top to bottom alignment to the company’s strategic plan, and helped achieved a successful IPO in 2004. This success paved the way for a purchase agreement with one of the company’s rivals for more than $800 million – thirty-eight (38) times EBITDA in early 2007.
Acquisition propels portfolio management company to the market share leader in its category
Since this company’s founding in 1998, Strategic Triangle, Inc., and its subsidiary, Altreya Consulting, have advised its CEO and Board of Directors on new market, product and professional services development, as well as strategic alliances and sales force optimization. Our efforts helped transform the company’s product offering from a single application for large multinationals to a suite of management tools used by every sector of the economy. Distinguished as a top-500 software company as well as a top-25 U.S. Federal government software vendor, this company was pursued by several of the world’s best known technology companies before being acquired in 2006.
Branded industrial product manufacturer taken private following big public market gains
Hired as an advisor to this public company’s largest division, Strategic Triangle, Inc. and its subsidiary, Altreya Consulting, explored strategic alternatives that would best position the business for sustained and profitable growth. Our efforts spawned a new vision and value maximizing path forward for this global business and resulted in dramatic breakthroughs during the industry’s technology transition. The resulting value-maximizing initiatives nearly tripled the company’s stock price in one year.
Dick Palermo Receives Richard Heveron Community Partner Award
Richard Palermo, Sr., Chief Consulting Officer of Strategic Triangle Inc., was recently honored by the United Cerebral Palsy Association of the Rochester Area with the Richard Heveron Community Partner Award. For details, read the press release. (Right click the link below to open the document in a new window.)
Related File: UCPA-release_6-01.pdf
STI Chairman/CEO, Peter M. Palermo II, named Chairman of Applied Science Fiction
STI Chairman/CEO, Peter M. Palermo, was recently named Chairman of the Board of Applied Science Fiction, an Austin,TX based technology company. For more details, read the press release (right click the link below to open the document in a new window):
Related File: ASFNew Leadership.doc
Strategic Triangle Inc. Creates Global Alliance With Not-For-Profit Consumer Products Manufacturers Association
Rochester-Based Firm Drives Alliance for Leading Packaged-Goods Manufacturers Rochester, New York (July 31, 2000) Strategic Triangle Inc. (STI), a Pittsford-based consulting firm specializing in global alliances, has completed an alliance engagement with the Consumer Products Manufacturers Association (CPMA), a not for profit global alliance formed to help develop a universal standard for the security of packaged goods. Strategic Triangle led the effort to bring together key corporate founding members, Eastman Kodak Company, Johnson & Johnson, Procter & Gamble Company, and The Gillette Company, creating a powerhouse of global packaging players. CPMA is now entering a test and expansion phase. “STI recognized the opportunity to facilitate an alliance with leaders in global packaging, helping to set standards that could save the industry, and in turn consumers, billions of dollars,” said Pete Palermo II, Chairman/CEO of STI. “Partnering in today’s business world makes it even more critical for companies of all sizes to access an extensive range of inputs from other companies — in some cases, even competitors — to best meet the needs of the global consumer.”
STI’s alliance strategies were fully utilized with the development of CPMA. STI was founded in 1994 to provide companies seeking significant growth in the global marketplace with a unique portfolio of international management consultant services. The CPMA alliance marks an opportunity to help packaged goods manufacturers prevent fraudulent activity in their industry. By developing a universal, source-tagging system that embraces EAS, authentication, and ID, the founding corporate sponsors have spearheaded an effort in a key facet of their supply chain and logistics business.
“CPMA members share a common goal in developing a universal standard for packaged goods,” said Vic Wasilov, President of CPMA. “By taking a closer look at standardizing security and authentication source tagging, we are able to work together in a way that makes the best business sense for everyone involved.”
Strategic Triangle Inc. (www.strategic-triangle.com) was founded in 1994 in Rochester, New York, to provide hands-on management expertise to execute solid and effective organizational programs for its clients. Applying proprietary alliance strategies and global business expertise, STI is able to bring together parties with varied interests to create unified goals that benefit all members of the alliance. The company prides itself on the high quality and speed of their consulting services — which enable them to deliver and execute quick interactions with measurable results. STI has worked with a variety of clients spanning global and local industry, from leading manufacturers to dot.coms. These include Arthur Andersen LLP, Bausch & Lomb Inc., Eastman Kodak Company, Johnson & Johnson, The Gillette Company, Procter & Gamble Company, Xerox Corporation, Applied Science Fiction, General Science and Technology, Agrilink Foods, VisualPlex, Silicon Valley Bank, Angelica Corporation and Stora Enso North America, Inc.
For more information about CPMA, visit their web site at www.cpma-global.org.
