“It was a tense but totally exciting phase.”
This podcast tells the story of the origins, rescue, and resurgence of the payment service provider Unzer. Chief Transformation & Risk Officer Jacob von Ingelheim explains how a “buy-and-build” strategy led to a series of crises, how a debt-to-equity swap helped save the company, and how the company subsequently got back on its feet.
Michael Hedtstück and Janis Steinfort ask him what went wrong during the integration of the acquisitions, how BaFin requirements altered the turnaround plan, and why communication with merchants, employees, and financiers was so important. A story about growth, being overwhelmed, and the challenge of simultaneously restructuring the balance sheet and the operational business.
*Video only in German
