The Corporation acquired this rapidly growing UK tech company with a view to it being key to the company’s continued growth in this sector, but the existing remuneration programme(s) failed to deliver a competitive opportunity likely to retain the team…. the management team are threatening they will seek a VC-backed alternative, and walk…
How we helped
We created an innovative long-term incentive programme which captured the imagination of the Hawk-Eye team - the team remain, to this day, one of Sony’s most successful divisions
Benchmarking pay opportunity against a ‘model’ of a VC-backed start-up, and re-creating similar upside, while at the same time the programme within the context of a closely managed, and world class corporate owner
Benchmarked against Venture Capital ‘models’
Innovative ‘Rising Tide’ design
Accepted, highly effective
This was a unique programme, requiring complex sign-off, globally.
The economics required knowledge of how venture capital (VC) backing actually works, and the plan design required knowledge of the team itself – interviews, discussions, consensus building.
The outcome – a 10 year period of stability – is widely seen as a ‘success story’
Martin Baker make the ejection seats for installation in many of the world’s air forces globally.
They remain an ‘old fashioned’ family-owned engineering company despite being the world leader in their field.
London Team were selected to act as ‘neutral independent advisors’ on the divestment of assets by a major Fund Management Partnership to form a new company: ‘Newco’, eventually TruFin plc, the listed fintech business