Mike Grant and Iain Lynam formed Aaronite Partners Limited in June 2006 to provide leadership in managing turnarounds by providing “chief restructuring officer” services. The firm expanded becoming the Aaronite Partnership LLP in June 2009. There are now 6 partners.
Current Aaronite assignments in the public domain include: -
2 entertain Limited – Chairman and non-executive director
Care Principles Group – Chief Executive Officer and non-executive director
Hospedia Limited (formerly Patientline) - Non-Executive Director
Libra NHP Limited – Chairman and non-executive director
McCarthy & Stone PLC – non-executive director
Recent completed Aaronite assignments include: -
Chairman, Bison Limited – manufacturer of concrete flooring based in the UK Midlands, which was restructured and then sold through a pre-pack process
Advisor, Deutsche Woolworths – major German retailer that went through a major cost reduction exercise
Non-executive directors – part of the contingency plan in a major restructuring of a UK insurance business
Strategic advisor, Parliamentary Estates Office – to assist with a cost reduction exercise
Advisor, North West NHS Strategic Health Authority - to help address financial underperformance in a number of its trusts
Advisor – assisted a major UK institution conduct a stalking horse bid to facilitate the successful sale of a UK/US media rights business
CRO & non-executive director, Torex Retail PLC – sale of a troubled software business through a pre-pack process
Prior to joining Aaronite the individual partners have considerable senior level experience including:
Abu Dhabi Water & Electricity Authority, UAE
British Railways Board
Cable & Wireless PLC
Coolchain Group Limited
Crossrail
Eastern Electricity
Eurotunnel PLC & SA
Factiva
The Galileo Company Limited
Georgian Wholesale Electricity Market, Georgia FSU
Great Eastern Telecommunications, Cayman Islands
John Dickinson Stationery
Liverpool Vision
Mobile1 Ltd, Singapore
Monaco Telecom, Monaco
Murray Darling Basin Commission, Australia
National Electric Power Authority, Nigeria
National Health Service, (over 20 NHS hospital trust, PCT and SHA turnaround programs)
Railtrack Property
Reuters PLC
Safetynet, Japan
Shaheen Investment Group, Jordan
South Australian Water Corporation, Australia
Strategic Rail Authority
Thames Water