Sentry Technology Corporation
Client
Sentry Technology Corporation, an AMEX-listed manufacturer of electronic article surveillance products and camera-related security systems with annual revenues of approximately $25 million.
Challenge
Facing flat revenue growth, the Company needed to enhance revenue and increase product offerings.
Solution
Bridge provided a crisis management team, including an interim CEO and COO, which focused on operational and financial restructuring. As a result Bridge implemented a series of process improvements that increased product performance and established a series of controls to ensure that cash operations were properly managed.
Results
Bridge's actions resulted in increased product reliability and improved product functionality. Financial and operational improvement implemented by Bridge enabled the Company to attract strategic investors.