News

Clearwater Corporate Finance and specialist leadership consultancy Tyler Mangan are hosting a Chairmen's Forum on Wednesday 29 February 2012 in London

30 January 2012

What does the current economic climate mean for compensation in private equity backed businesses?

With growth and value creation difficult to achieve and exit timescales likely to lengthen, Chairmen may be under pressure to adjust compensation models and think more creatively about how to motivate and drive management teams in portfolio businesses. This forum will provide an opportunity to meet like-minded individuals and share experiences with fellow Chairman and NED’s. In advance of the event, we are conducting a survey and would like to seek your views on incentivising chairmen and management teams in private equity-backed businesses.

Tyler Mangan Senior Consultant Open Evening

20 January 2012

On Thursday 8 of March 2012, Tyler Mangan is hosting an open evening to meet entrepreneurially minded Senior Consultants to potentially contribute to shaping our business and support delivery in our consulting practice.

Tyler Mangan co-founders to speak at Real Deals UK Mid-Market Conference 2012

4 January 2012

Jonathan Chocqueel-Mangan and Jana Klimecki, co-founders of specialist leadership consultancy Tyler Mangan, will be speaking at the seminal Real Deals UK Mid-Market Conference 2012 which this year is being held at the Lancaster London Hotel on Wednesday 25th January 2012.

Cometh the hour, cometh the niche firm by Jonathan Chocqueel-Mangan of Leadership Consulting firm Tyler Mangan

14 December 2011

With continued economic uncertainty, especially in the Eurozone area, opportunities for growth in almost every industry are increasingly scarce. We are already seeing some of the larger professional services firms revising down their estimates of revenue growth, but, as is often the case in a downturn, opportunities are created for those who can adapt and provide new services that meet changing needs.

Within professional services firms, including accountancy, advisory and consultancy, we are seeing a number of niche firms delivering continued growth, between 50 to 100% per annum, who are resetting client expectations by delivering tailored and targeted expertise, without the traditional ‘pyramid’ based delivery model.

Talia Litman, Consultant at Leadership Consultancy Tyler Mangan writes for 'The Market' about the importance of dynamics for business management teams

25 November 2011

Experience and common sense tell us the dynamics of a management team, or how they actually get on with each other, is critical to the success of a business.

Several studies document a strong link between top management group dynamics and organisationa performance. For example, a study at London Business School found that management teams assessed as flexible, optimistic, and cohesive and associated with responsible risk-taking had generated 15% higher income. Despite this, few businesses systematically assess, account for, or manage team dynamics – a missed opportunity to add value

Jonathan Chocqueel-Mangan, managing director of specialist leadership consultancy Tyler Mangan, comments on the need for artisanry in the consultancy sector

24 November 2011

Consultants find inspiration in the oddest places:

Jonathan Chocqueel-Mangan of leadership consultancy Tyler Mangan found the ideal metaphor in a leather workshop on a cobbled street in France.

“It was all really good quality and I talked to the guy who ran it and found he has customers in Tokyo and Milan and Paris,” he says. Surprisingly, the owner had no ambition to ramp up production: “He said, ‘I’m an artisan—that’s not what I do. I can gain a worldwide market as an artisan,’ I thought, what if a consultancy was like that.”

For Chocqueel-Mangan, and his co-founder Jana Klimecki, “Does this fit the artisan model?” has become something of a catch phrase.

“We were looking at hiring someone, a real business development type, who was talking about creating a great pipeline and funnelling people through,” he said. “But then we thought ‘this doesn’t feel artisanal,’ so we didn’t do it.”

Jonathan Chocqueel-Mangan, managing director of leadership consultancy Tyler Mangan, comments in the Financial Times on the impact of changes to the way investment products can be sold

21 November 2011

Not everyone appears to have grasped the significance of the RDR, according to Jonathan Chocqueel-Mangan, managing director of Tyler Mangan, a UK based leadership consultancy.

“There is evidence that some private banks and wealth managment firms have yet to understand properly the impact the RDR will have,” he says.

Jonathan Chocqueel-Mangan, managing director of boutique leadership consultancy Tyler Mangan, comments in the Financial Times on the changing landscape of consulting, and how specialist firms have developed an increased influence on the sector

17 November 2011

Jonathan Chocqueel-Mangan, co-founder and managing director of Tyler Mangan, a boutique consultancy whose clients have included Virgin, Lloyds Development Capital and The National Trust, is buoyed by growth at his own organisation. But he believes some smaller firms will not survive amid further consolidation in the sector.

Tyler Mangan Thought Leadership: Investing in founder-managed businesses by Jana Klimecki

26 October 2011

For fast-growing, founder-led businesses, there comes a point when the organisation becomes too sizable and complex to be run by just one individual or a small founding group. Specialist consulting firm Tyler Mangan, which has worked with 35 management teams since 2009, examines the key questions facing stakeholders during times of transition, typical characteristics of ‘founder types’, and what makes founder transitions effective.

Jonathan Chocqueel-Mangan reports for HR Director: M&A's not a game of chance

13 October 2011

With a number of recent announcements of hiqh profile megadeals, such as HP buying the UK’s Autonomy,
and SAB Miller’s bid for Fosters, it seems that mergers and acquisitions are on the up, Jonathan Chocqueel-
Mangan, Managing Director at Tyler Mangan, reports.

The right management team dynamics can significantly boost the income of private equity backed companies. Talia Litman offers advice on getting the right mix of skills in the Financial Director

10 October 2011

Every private equity investor will tell you that the dynamics of a management team – how they actually get on with each other – is critical to an investment’s success. Although most mid-market private equity investors would say they “back management”, few investors systematically assess, account for or manage team dynamics, which seems like a missed opportunity to add value.

Team dynamics can typically involve processes of communication, decision-making, leadership and sharing of power and can strongly influence how a team operates. Several studies document a strong link between top management group dynamics and organisational performance. For example, a study at London Business School found that management teams assessed as more flexible, optimistic, and cohesive, and associated with responsible risk taking, had generated 15 per cent higher income.

Tyler Mangan examines the challenges of investing in founder-managed businesses: the tricky balancing act of protecting legacy whilst supporting exponential growth

10 October 2011

For fast-growing, founder-led businesses, there comes a point when the organisation becomes too sizable and complex to be run by just one individual or a small founding group. Tyler Mangan, which has worked with 35 management teams since 2009, examines the key questions facing stakeholders during times of transition, typical characteristics of ‘founder types’, and what makes founder transitions effective.

Jana Klimecki, Founder and Director of TylerMangan, joins Finance IQ to discuss exit strategies, reconstruction and private equity

22 September 2011

Jana talks to Finance IQ to address some of the following issues:

With the predicted rise in PE exits from domestic portfolio companies and market volatility continuing what will the most likely exit strategies for PE firms be?

As we expect to see a large number of opportunities on the market would you agree that this will be very much a buyers market, what do PE funds need to do to ensure they get a good deal and what will be the key differentiators potential new owners and investors will be looking for?

What are the operational challenges facing PE firms as they prepare for a large exit?

On the 6th December we will be holding our Corporate Restructuring event with a focus on the banking sector, are there parallels that can be drawn between the difficulties banks are facing and the challenges facing PE firms holding distressed debt and are the processes and structures they require to prepare for the sale similar?

What are the three most important factors for any company looking at restructuring to consider?

Jana Klimecki, Tyler Mangan is shortlisted in the Private Equity News Awards for Excellence in Private Equity Advisory Services, Europe 2011

12 September 2011

Jana Klimecki is shortlisted for the ‘Most Influential Woman in Private Equity Advisory’ award.

Jana Klimecki comments on private business leadership in the FT's 'Chiefs relish being away from media limelight'

5 September 2011

In unquoted companies, building the business takes precedence over sticking to the rule book, writes
Jonathan Moules.

European Mid Market Conference 2011

10 August 2011

Jana Klimecki and Jonathan Chocqueel-Mangan of specialist leadership consultancy Tyler Mangan will be speaking at the leading European Mid Market Conference in Paris on 28 October 2011, in association with Real Deals.

Alt Assets: Managing the route towards exit by Jana Klimecki

2 August 2011

According to Grant Thornton’s Private Equity Barometer, 85 per cent of private equity executives expect to exit more than a quarter of their domestic portfolio companies in the next twelve months, with the overriding majority of exits expected to be via trade sales or secondaries, writes Jana Klimecki, director of specialist leadership consultancy Tyler Mangan.

Michael Joseph joins Tyler Mangan

19 July 2011

Tyler Mangan has appointed Michael Joseph, former CEO of Lloyds Development Capital, to work in an advisory capacity.

Tyler Mangan hires former LDC chief

19 July 2011

Leadership consultancy firm Tyler Mangan has hired Michael Joseph, former chief executive of LDC, on an advisory basis.

Jonathan Chocqueel-Mangan comments in City AM's 'Six things we will get more of when the RDR is introduced'

14 July 2011

The FSA, explains Jonathan Chocqueel-Mangan of Tyler Mangan, is aiming “to establish a transparent payment structure that eliminates bias in the recommendations made to consumers by advisers.”

Tyler Mangan assists ECI with the Management Due Diligence for Stewart Plastics...

12 July 2011

Tyler Mangan conducted the management due diligence for ECI Partners as they invest £12 million in Croydon-based Stewart Group Holdings Ltd (“Stewart Plastics”) in a BIMBO (buy-in/management buyout) deal that values the business at £17 million.

Jana Klimecki & Michael Joseph discuss why the management due diligence process is paid the least amount of attention

16 June 2011

Management due diligence: Power to the people

The strength of a management team is roundly considered the single most important factor in determining the success of a private equity deal. So why is management due diligence the process to which most acquirers pay the least amount of attention? Susannah Birkwood finds out

Jonathan Chocqueel-Mangan comments on the possible cost for non-compliance with the RDR in Financial Adviser

9 June 2011

FSA urged to outline cost of RDR non-compliance.

Regulator must outline how financial services firms will be incentivised to comply with the retail distribution review or risk creating confusion, consultants have warned.

Managing Transitions: Jonathan Chocqueel-Mangan examine the implications for L&D

2 June 2011

While we have now accepted that ‘change is the only constant’, there is no doubt that, for some organisations change is predominantly about doing what we have always done, but better. The business model stays the same, the strategy remains largely unaffected (albeit with lower costs) and the management team are clear about what needs to be done.

Tyler Mangan assists with the Management Due Diligence for A-Gas...

24 May 2011

Tyler Mangan was delighted to assist LDC with the management due diligence for their recent investment in A-Gas International.

Tyler Mangan assists ECI with the Management Due Diligence for Reed & Mackay...

10 May 2011

Tyler Mangan assisted with the management due diligence, as ECI Partners joined ISIS Equity Partners to back Reed & Mackay in a deal that values the travel business at around £50m.

Good Site, Bad Site by Jonathan Chocqueel-Mangan

6 May 2011

Lamaisoncoirture.com This is an exclusive e-boutique styled around a virtual 17th century chateau. Each
‘room’ is clearly designed to mirror a luxury department store, and contains a handpicked selection of high-end homewares and unique gift ideas, compiled from a ‘little black book’ of all the top online retailers.

Management consultancies post-recession, comments in the Financial Times from Tyler Mangan’s Jonathan Chocqueel-Mangan

27 April 2011

Consulting reflects patchy upturn.

Gill Plimmer explores job prospects in a sector that has been on a rollercoaster ride since the start of the economic downturn.

Jonathan Chocqueel-Mangan comments on the private and investment banking movement

8 April 2011

While regulators and politicians may want investment banking to be split off from private banking, in the industry the two are moving more closely together than before the crisis. But many are still predicting change in the long term.

Political pressure on banks is being stepped up, with looming threats to split risk-taking investment banking divisions from more staid wealth management and retail banking arms now firmly on the agenda.

A Question of Leadership: Managing the Implications of the RDR’ - Tyler Mangan’s Jonathan Chocqueel-Mangan writes for Wealth Briefing

7 April 2011

The RDR is forcing change across the UK wealth management industry. Jonathan Chocqueel-Mangan, managing director of the leadership consultancy Tyler Mangan, discusses the challenges and opportunities facing those in leadership roles.

Private banks and clients colluded with ‘flawed system’ pre-2008, says Tyler Mangan’s Jonathan Chocqueel-Mangan

5 April 2011

Wealth managers lost control of their advisers during the financial crisis and are now looking to tighten
the reins, but will this lead to onesize-fits all portfolios?

Rising to the challenge of RDR: Tyler Mangan’s Jonathan Chocqueel-Mangan writes in Private Banker International

29 March 2011

The Financial Services Authority’s recent Retail Conduct Risk Outlook (RCRO) has provided another opportunity for the UK industry to vent its views about who will really benefit (or not) from the Retail Distribution Review (RDR).

Investment banking: Tyler Mangan’s Nina Remer comments on why there are so few women at boardroom level

25 March 2011

Why are so few women in the upper echelons of investment banking?

Numerous theories have been put forward to explain why this is, with perhaps the most significant being discrimination against women due to their gender stereotype. My research found that implicit stereotypes tend to be stronger than explicit ones, as in the unconscious, all examined leadership styles were perceived as being more male than female. It is this inherent preconception that needs to change.

The implications of RDR on Private Banks and Wealth Managers, article by Tyler Mangan’s Jonathan Chocqueel-Mangan in Wealth Briefing

23 March 2011

Jonathan Chocqueel-Mangan, managing director of leadership consultancy Tyler Mangan, discusses the changes private banks and wealth managers will need to satisfy the requirements of the regulator’s Retail Distribution Review.

A new wave of entrepreneur: Tyler Mangan’s Jonathan Chocqueel-Mangan comments on the BIS report which suggests entrepreneurs are inspired by The Apprentice and Dragons’ Den

14 March 2011

Tyler Mangan’s Jonathan Chocqueel-Mangan comments on BIS research which suggests a new wave of entrepreneurs are being inspired by television shows such as The Apprentice and Dragons’ Den

Nina Remer, Consultant at specialist leadership consulting and management due diligence practice quoted on 'Increasing Women on Boards: Is a Quota System the Solution'

24 February 2011

Lord Davies’ report entitled Women on Boards has avoided the implementation of quotas unless the voluntary measures to double the number of women on FTSE boardrooms by 2013 fail.

This decision to avoid quotas has been largely welcomed by business, though for some, a quota system is seen as the only way to accelerate the required change. Comments in favour and in opposition of a quota system are presented

Women in the Boardroom: Tyler Mangan’s Nina Remer comments in FT Adviser

24 February 2011

The government looks at strategies to raise the number of women on the boards of UK-listed companies.

There are numerous reasons why women are still failing, even in this day and age, to get the top jobs in business, according to Nina Remer, consultant at specialist leadership consultancy Tyler Mangan.

She said: “Numerous theories have been proposed to explain the current uneven ratio, perhaps the most significant being discrimination against women due to their gender stereotype. My research found that implicit stereotypes are stronger than explicit ones and, in the subconscious, all leadership styles are perceived as being more male than female. It is this inherent preconception which needs to change.

Tyler Mangan ‘rejects’ imposition of boardroom gender quotas: Nina Remer comments in The Times

24 February 2011

Firms ‘won’t be forced’ to appoint female directors

“We welcome any decision to reject the imposition of statutory gender quotas. While we appreciate that it is important to improve the gender diversity in the boardroom, we believe this should be an organic process as opposed to one forced upon companies.”

LDC Invests £11.5m for Sala Stake

10 February 2011

Congratulations to LDC who have invested £11.5m (€13.7m) for a majority stake in Sala International, the UK document archiving and records storage business.

Management due diligence provided by Tyler Mangan.

Jonathan Chocqueel-Mangan talks to Corporate Financier about the merger of NTL, Telewest and Virgin Mobile

7 February 2011

In 2006, the merger of NTL, Telewest and Virgin Mobile created Virgin Media, the UK’s first quad-paly media company-television, broadband, mobile and fixed-line telephony. Jonathan Chocqueel-Mangan, Managing Director of leadership advisory firm Tyler Mangan, was tasked with supporting the complex post-integration strategy for the group.

Boardroom balance: Jana Klimecki of Tyler Mangan talks to Retail Week

28 January 2011

Getting a board right isn’t just about skills but personalities too. Leadership consultancy Tyler Mangan developed a list of personality types every board should have. Director Jana Klimecki says: “They can be occupied by any board member, but sometimes you’ll
find you have three people with a certain skillset and none with another.”

Fresh business thinking.com: Good Leaders and Engaged Staff: Vitamin or Aspirin? by Jonathan Chocqueel-Mangan

17 January 2011

In a recent survey by the Chartered Management Institute (CMI), it was revealed that many organisations are starting the year believing that only one in five managers has the qualifications that they need to do their job. Poor morale and poor leadership were also cited by almost half of organisations as the main reason for pessimism about the year ahead.

Private equity needs to deliver on the hype: Tyler Mangan’s Jonathan Chocqueel-Mangan comments on the challenges facing the sector in 2011

6 January 2011

Private equity firms need to deliver on the hype

Jonathan Chocqueel-Mangan, Managing Director and Co-founder of specialist leadership consultancy Tyler Mangan, provides comment on what he considers the most important challenges for private equity in 2011.

“Whenever we talk with investors or management teams, both parties tell us that what makes the difference between a good deal and a great deal is ‘value add’.

HSJ Online - Private Equity in Healthcare by Jonathan Chocqueel-Mangan

23 December 2010

Over the last two years the number of private equity investments in the UK has fallen by over 50 per cent, due mainly to an absence of debt and the high returns required by investors.

Entrepreneurs and private equity: more than just cash

21 December 2010

Entrepreneurs now expect private equity firms to provide a range of bespoke services beyond capital investment. That was the view formed by a panel discussion, hosted recently in London by specialist leadership consultancy Tyler Mangan, to examine the changing relationship between the two groups.

Entrepreneurs should be rigorous with Private Equity, says Tyler Mangan’s Jana Klimecki in City AM

10 December 2010

Do Your Due Diligence

Private equity firms will do their due diligence and require references from you. Be prepared for this and take the same rigorous approach to assessing them. Jana Klimecki of the consultancy Tyler Mangan says: “Entrepreneurs should be pragmatic and take time to ensure an investment is the right fit for their company.” She suggests that you should take references on them and display attention to detail. Klimecki thinks that there is a proliferation of capital in the private equity world at the moment, so it might pay to be fussy – they need you too.

Tyler Mangan reflects on the challenges of a PE backed board

8 December 2010

“Considering the enormity of challenges the private equity industry is facing, PE [backed] boards get ‘good press”.

Tyler Mangan hosts its 3rd successful breakfast panel discussion exploring 'Changing Entrepreneurial Attitudes to Private Equity - A Silent Shift in the Balance of Power'?

1 December 2010

“There needs to be a deep understanding of the purpose of the business, with a proposal aligned to this goal.”

Entrepreneurs: master the power of ‘no’ for positive results, says Tyler Mangan’s Jonathan Chocqueel-Mangan in the Financial Times

29 November 2010

Optimism is one of the defining traits of an entrepreneur, which is probably why so many also find it hard to say ‘no’. But being negative can be a positive advantage at certain times.

How to know when to let go: Tyler Mangan’s Jonathan Chocqueel-Mangan comments in the Sunday Times

21 November 2010

There comes a time for every firm’s founder to take a back seat and that’s where the problems can begin, reports Carly Chynoweth

LDC Buys Stake In Mountain Warehouse

30 October 2010

LDC will support the company’s ambitious expansion plans, which includes a wave of further store openings, a new higher-end clothing range and buy out its existing inveestor, KCAJ.

Tyler Mangan Director Jana Klimecki comments on the Stewardship Code in a Sunday Times business feature

3 October 2010

Remember the investors

Pressure is beginning to mount for shareholders to have enough information to hold directors to account

Are civil servants fit for the private sector?

16 September 2010

Jana Klimecki speaks to Andrew Baxter from the Financial Times, discussing what civil servants can do to develop their capabilities to make a successful move into the private sector.

Tyler Mangan's Director, Jana Klimecki talks to Corporate International about Tyler Mangan’s approach to management due diligence

15 August 2010

Tyler Mangan provides management due diligence and portfolio support services to private equity investors and PE backed businesses. In the current market, investors can no longer rely on a tailwind of economic growth to help ensure investment returns; consequently, the capability of the management team matters more than ever to ensure value is created. Tyler Mangan’s work focuses
on supporting investors and management teams on making the deal work and helping the organisations fulfill their potential.

Strategic HR Review: Devolving decision making: implications for leadership development

1 July 2010

by Jonathan Chocqueel Mangan

Jana Klimecki, Director of Leadership Consulting and Management Due Diligence Practice speaks to Carly Chynoweth at The Sunday Times...

27 June 2010

by Carly Chynoweth

Securing investment used to be so simple. Get the financial and legal due diligence out of the way, go to lunch with the private equity firm or venture capitalist and — provided you didn’t spray your peas all over the financier’s expensive suit — you were good to go.

Today more and more investors are running the due-diligence rule over management teams as well as the accounts. Problems with management quickly feed into poor performance; resolving them after the deal is done can be time-consuming, distracting and detrimental to the investment.

HR Magazine: Is Cadbury heading for a meltdown following the Kraft takeover?

7 June 2010

It’s six months since Irene Rosenfeld , CEO of Kraft, successfully bought Cadbury – and she still hasn’t bothered to pay it a visit. And while there are positive signs the US-giant appears to take the culture of Cadbury seriously, those involved in the negotiations still believe its future hangs in the balance. Peter Crush reports on a firm in limbo

Training Journal: Strategic Leadership in Action

1 May 2010

Jana Klimecki looks at what makes an effective leader…

Press Announcement

1 February 2010

Tyler Mangan is shortlisted for Specialist Professional Services Firm of the Year 2010

The Times: How to … orchestrate a successful succession

9 December 2009

Mark Hunter looks at approaches that help to ensure change at the top goes smoothly. Don’t forget specialist roles…

The Times: How to … become a great leader in business

11 November 2009

Emily Ford outlines the skills you need to master to inspire those working for you. Focus on decision-making…

ACQ's Charlotte Abbott talks to founders of Tyler Mangan about their specialist approach to management due diligence

1 October 2009

ACQ’s Charlotte Abbott talks to Jana Klimecki and Jonathan Chocqueel-Mangan, co founders of Tyler Mangan, about their specialist approach to management due diligence and their recent role on the Modelzone MBO.