Desrosier & Company’s primary objective is to become partners with and supporters of capable senior management groups that have led and will continue to lead the company forward. Our goal is to assist and support the team to the maximum extent possible. We are not operating managers.
Post-investment, we function as a member of an "active" Board of Directors and not as additional management personnel. We typically review business plans, assist companies in mergers and acquisitions, private and public financings, senior management recruitment and compensation matters, dealings with outside professional services firms and the refinement of strategic plans and initiatives.
Our companies have quarterly Board meetings and regular audit and compensation committee meetings. Desrosier & Company frequently serves as an informal "sounding board" for management and we continue to advise the management team up through the time the company decides to consider exit scenarios, including going public or selling the company. We work closely with management to assess alternatives, select a course and execute it.