Case | HBS Case Collection | February 1997 (Revised December 2012)

Jim Sharpe: Extrusion Technology, Inc. (A)

by H. Kent Bowen and Barbara Feinberg

Abstract

Jim Sharpe, 11 years after receiving his MBA from Harvard and working for others, has finally become his own boss and 100% owner of manufacturer of aluminum extrusions. After 10 months of an unfunded search, he acquires the business in an LBO and prepares to face his employees on the first day.

Keywords: crisis management; Acquisitions; Search Funds; entrepreneurial management; entrepreneurs; entrepreneurship; turnarounds; bank loan; leveraged buyouts; manufacturing; metals processing; entrepreneurial finance; Labor unions; Leveraged Buyouts; Labor Unions; Entrepreneurship; Financing and Loans; Crisis Management; Management Skills; Experience and Expertise; Borrowing and Debt; Manufacturing Industry;

Citation:

Bowen, H. Kent, and Barbara Feinberg. "Jim Sharpe: Extrusion Technology, Inc. (A)." Harvard Business School Case 697-078, February 1997. (Revised December 2012.)