Distressed · 2020 Q3 · Sweden
Insurtech with a shareholder war that was about to kill the company. Brought in as a neutral mediator between all main shareholders to unblock the deadlock.
Role · Independent mediator
The situation
Omocom is a peer-to-peer insurance platform. By the time we were called in, internal politics had escalated to the point where day-to-day operations were threatened.
Each side had real grievances. None of them could see a path forward without losing face.
The work
Met every main shareholder one-on-one to understand the underlying interests behind the public positions.
Drafted a mediation framework all parties could engage with.
Facilitated the conversations until a workable agreement was on the table.
Outcome
Deadlock broken, the company kept operating, and the founders were able to focus on the business again.
More from distressed situations consulting
Walked into a fractured cap table and a stalled wallet business. Restructured the shareholders, raised $1.4M in 30 days and ended up taking 75% of the equity and the Chairman seat.
Emergency restart-up of a stalled weight-loss venture. From $0 to $20,000 MRR in 2 days by rebuilding the offer and funnel from scratch. Earned 7.5% co-founder equity for the turnaround.
Company on the brink. A full corporate cleanup, a single shareholder block, a controlled bankruptcy — and a founder buyout that left a promise unkept.