Satisfied costumers

Avedon Capital Partners
Booster Precision Components
Brandenburger
Logo Conen
Logo DEFSHOP
Geka
GRW Hochpräzisionskugellager
Logo Gütermann
Halder
Juwel Kerze
PRAE TURBO
Seebach
vaQTec
zouk

Reference project: Ensure all commercial functions

Success story

“Once again we have been able to rely on the professional performance of Hahnelt Consulting” Jerko Bartolic (CEO, Booster) and Philipp Scheier ( Partner, Halder holding consulting) sum up. We would like to thank Mr. Hahnelt for a job well done. Induced by the change in our management, Mr. Hahnelt assumed short-dated as an interim manager the duties of a CFO in our portfolio company. Mr. Hahnelt reinstated in best time the trust in our management. In a short 4 months he guided the year end closing 2017, the corporate planning and financing of the group into a very good condition. After an intensive 8 months, in which strong liquidation and capitalized value was realized, Mr. Hahnelt turned the CFO mandate over to our new managing director. By request of the CEO of Booster, Mr. Hahnelt took over as a CFO advisor for another 7 months the lead management of our projects in efficiency improvement and global production planning. Here as well we achieved very good results.”

Successfully implemented measures

All commercial structures and processes of the 2016 merged automotive consolidated companies had to be adapted to the requirements of an international operative holding. The interim CFO Michael Hahnelt was responsible for the timely guaranteeing of liquidity, all financial and banking related transactions, the installation of the annual consolidated financial statement for 2017, as well as the corporate planning in 2018 and the harmonization of the intercompany reporting systems. After ensuring the commercial functions, the implementation of best-practice methods (e.g. standardized cost accounting, introduction fast close) followed in due time. Mr. Hahnelt took over as CEO advisor the regulation of the global increase in efficiency and the reorganization of our plants in Slovakia.

Booster Precision Components - the company

Booster Precision Components, headquartered in Frankfurt, was installed in 2016 as a parent company for the existing Halder investments founded since 2011 and 2015 with CCN, Thyez/France and PRAE-TURBO, Schwanewede/Germany. The companies produce exhaust turbocharger components with a sales revenue in excess of 141 mio (2017) in their plants in Germany, France, Slovakia, Mexico and China.


Jerko Bartolic
Jerko Bartolic
Booster Precision Components
CEO
Booster Precision Components

Reference project: CFO services in post-merger activities at PE portfolio companies

Success story

"We were able to look back on the best corporate result of the PRAE-TURBO company history after only twelve months of trust and strong cooperation with the experienced CFO interim manager, Michael Hahnelt. Since the purchase by the private equity investor, Halder, we have successfully restructured our business processes together,” summarizes Oliver Romano, with satisfaction and emphasis. "In addition to a pure business relationship, a personal relationship has also established itself, which I have always appreciated and which exceeds over the normal level of loyalty."- Oliver Romano

Successfully implemented measures

The rapidly growing company, PRAE-TURBO (2003 = founding, 2015 = EUR 67 million), had to adapt its business processes to the new environment. The interim manager, Michael Hahnelt, took over all functions of a CFO and built the department in the 20-month CFO mandate (03/2015 to 10/2016), in accordance with the needs of the company and the PE shareholders. The timely realignment of the commercial functions of finance, cash management, controlling, cost accounting, and production planning was followed by the expansion of operative production and supply management. The successes were supported by a new project management for efficiency gains.

PRAE-TURBO GmbH - the company

Based in Schwanewede, Germany, PRAE-TURBO is a highly innovative, efficient, and recognized automotive supplier and, with its extensive know-how, is one of the world's TOP 3 compressor superchargers for turbochargers. 360 employees develop and produce complex components for this booming market in state-of-the-art production facilities.


Oliver Romano
Oliver Romano
Executive Partner
PRAE-TURBO GmbH
CEO
PRAE-TURBO GmbH

Reference project: efficiency increase and yield optimization

Success story

"After six months of intensive cooperation with CFO interim manager, Michael Hahnelt, we were able to write the best company result in va-Q-tec's corporate history in summer 2013." - Dr. Ing. Joachim Kuhn

Successfully implemented measures

The highly dynamic company, va-Q-tec, had to adapt its business processes for strong growth. Interim manager, Michael Hahnelt, took over all the functions of CFO and built the department to the requirements of the company during the nine-month CFO mandate (12/2012 to 09/2013). The timely realignment of the commercial functions of finance, controlling, purchasing, sales, and work preparation was followed by the expansion of operative production management.

va-Q-tec AG - the company

The va-Q-tec AG is a young, medium-sized high-tech company and has been developing pioneering insulation solutions since 2001, based on energy-efficient, space-saving, and environmentally friendly vacuum insulation panels (VIPs). At the award ceremony of the Querdenker-Awards on November 25, 2015 in the BMW Welt in Munich, the most creative companies from business, media, and culture were honored. Va-Q-tec AG won in the category "Innovation" for its special insulation solutions and products. Founded in 2001 and a fast-growing company 


Dr. Joachim Kuhn
Dr. Joachim Kuhn
CEO & Founder
va-Q-tec AG
CEO
va-Q-tec AG