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|Business Description:||Provider of informatics solutions for the pharmaceutical and biotech industries.|
The software company was quickly running out of cash, was unable to raise additional capital and was repeatedly missing revenue forecasts.
Diablo Management Group (DMG) was retained and immediately assumed responsibility of Informatics co. with placements of DMG staff in corporate roles including CEO, COO and board positions.
DMG immediately worked to reorganize the operational processes in place for the marketing and sales channels, increasing quarterly revenues by 1300% in six months. While successfully increasing revenues, DMG determined the sale of the company was the most advantageous action for all involved parties and aggressively marketed and sold the company.