Experience
The Aaronite years
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 7 partners.
Current Aaronite assignments in the public domain include: -
The Investment Dar – CRO
NHS NW – Turnaround Director
Libra NHP Limited – CRO and non-executive director
McCarthy & Stone PLC – non-executive director
Advisor to Multi Million Pound Private Equity Partnership
Recent completed Aaronite assignments include: -
2 entertain Limited – Chairman and non-executive director – joint venture between the BBC and the Woolworths Group commissioning and distributing DVD’s, which was highly profitable. Appointed by the Administrators of Woolworth Group to represent their shareholder interests on the board of 2 entertain.
Care Principles Group – Chief Executive Officer, non-executive director and Company Secretarial support – a major care home business, involved in the care of the mentally ill, Returned by its equity investors to its bank, it has been the subject of a full successful operational turnaround and then sale
Hospedia Limited (formerly Patientline) - Non-Executive Director in a telephone service provider to hospitals, which was restructured and then sold through a pre-pack process
Chairman, Bison Limited – manufacturer of concrete flooring based in the UK Midlands, which was restructured and then sold through a pre-pack process
CRO, 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
