ENERGY WATCH
Energy Watch was one of the first online electrical brokerage companies in Australia. Turnover was approximately $30 million and the business employed
close to 140 people in Australia and New Zealand.


WHY THEY CAME TO US
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The company suffered significant brand damage due to the actions of one of its founders and directors.
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Creditors were placing pressure on the company as the business had made significant losses and had a negative net asset position.
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A number of loss-making non-core business divisions were compounding a lack of cash available.
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The landlord had commenced legal proceedings to evict the company from their premises.
WHAT WE DID
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Diagnosed that the company had a good business model.
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Identified the impact that the actions of the founder / director had on the brand and ascertained that electrical retailers had withdrawn support for the company, significantly impacting revenue generation.
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Developed a brand strategy to rebuild and repair the damage done to the company’s reputation.
WHAT WE DELIVERED
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Capital raising to acquire the business.
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Procured the support of the company’s key employees, landlords, energy retailers, and Google.
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Developed and implemented a new business & turnaround plan with a focus on the core business activities.
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Implemented action plans to repair the brand with Australian consumers.
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Saved over 50 jobs.
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Delivered a return to unsecured creditors of the old Energy Watch entity.
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Lead the sale of Energy Watch to listed company iSelect.