WMP Case Study: Algenist:
ALGENIST IS A CLINICAL SKINCARE BRAND DELIVERING ANTI-AGING INNOVATION FROM MICROALGAE.
Tengram Capital bought the brand from TerraVia in August 2016, making Algenist a standalone company. In this video, we document the challenges that Algenist faced when setting up their own finance and accounting function as well as enterprise resource planning (ERP) platform—services previously provided by the parent company.
West Monroe Partners provided carve-out expertise, that enabled Algenist to address both the business and technology aspects of its carve out, enabling Algenist to accelerate the implementation timeline.