This case follows Shan Kadavil, the co-founder and CEO of FreshToHome, as he assesses the growing diversity of investments being made by his team. FreshToHome is a technology-enabled platform that connects fishermen directly with customers, eliminating intermediaries and guaranteeing product quality and traceability. To achieve their mission, the company has invested heavily in advanced technology and operations to optimize the supply chain, reduce waste, and offer competitive prices. This case highlights the balancing act required by Kadavil as he aims to maintain the company's core mission while fostering growth and adapting to an ever-evolving competitive landscape (including both online players and traditional offline retailers and local vendors) FreshToHome must also navigate logistical issues and cultural differences when expanding geographically into new markets.
In March 2006, Iftekhar Enayetullah and Abu Hasnat Md. Maqsood Sinha, the cofounders of Waste Concern, a social enterprise based in Dhaka, Bangladesh, and focused on developing innovative waste management solutions for cities in emerging Asia, faced their biggest challenge yet: scaling up their organization's activities and impact. The previous fall, working with a Dutch recycling firm, Waste Concern had secured approval from the United Nations and the Bangladeshi government for two projects under the Kyoto Protocol's Clean Development Mechanism, a policy program designed to spur infrastructure investments in emerging countries that would help reduce global greenhouse gas emissions. To move forward with the projects, Waste Concern also required access to the Matuail landfill, which was owned and operated by the Dhaka City Corporation, the city government of Bangladesh's capital. But despite the projects' obvious benefits to Dhaka and Waste Concern's lobbying of key local officials for months, the DCC still had not granted its permission, and it was unclear whether the DCC ever would. The clock was ticking for Enayetullah and Sinha. Was there a way to persuade the DCC to provide access to the landfill so that Waste Concern could pursue the two CDM projects at Matuail as planned? Or would the social entrepreneurs be better off taking a different path to scale Waste Concern's efforts to address urban waste management and global climate change?
This case describes the formation of Trista Engel and Jessica Markowitz's search fund. It begins by describing their process for deciding if they should pursue entrepreneurship through acquisition and, if so, if they should partner together. Upon deciding to raise a search fund, the duo work through the process of fundraising. Surprised by the positive response, they are faced with deciding who they should choose to have as investors.
This case describes the tumultuous experience Eduardo Ruiz had as CEO of Retail Services & Technologies. Ruiz had acquired Arizona-based RST at the end of his search process, but soon began to experience difficulties with the seller and former CEO. These difficulties strained Ruiz's relationships with his board, employees, and key customers. As the situation deteriorated, he faced the prospect of filing for bankruptcy.
This case describes how Laura Franklin and William Colt conducted their entrepreneurial acquisition process. After the duo honed their method for contacting potential sellers, they found a company they were excited to close a deal with. Over the course of many months of diligence, and overcoming a large mistake, the duo were prepared to acquire their ideal company - then COVID-19 hit, leading them to consider pausing the deal.
Nova Pioneer was a private school system in South Africa and Kenya that offered preschool through secondary education for students ranging in age from 3 to 19. The earliest of Nova Pioneer's precursors was Pioneer Academies, founded in South Africa by Chinezi Chijioke in 2013. Pioneer was started to offer the affordable, quality education needed to develop Africa's next generation of leaders and innovators. In 2015, Pioneer Academies merged with Nova Academies, a newer school in Kenya founded by a team of experienced education entrepreneurs, creating Nova Pioneer. This case covers the next set of expansion plans for Nova Pioneer - to expand into additional countries and fulfill Nova Pioneer's vision of becoming a pan-African school system.