Institutional
MB Empresas — Business Consulting
MB Associados has provided consulting services since 1978, working in macroeconomic and political analysis, both domestic and international, with a special focus on the real side of the economy, producing sector analyses relevant to our clients.
Since 2011 we have supported our clients through a Business Consulting practice focused on improving results, covering the main aspects of managing a company.
The MB Empresas team is formed by professionals with long executive experience and personal involvement in leading numerous projects related to the development and transformation of companies.
What sets us apart
A team focused on improving the client’s results
High-performance consulting where every project is unique.
Careful analysis and a solid understanding of the current situation precede any proposal.
Direct participation of the partners in the on-site execution of consulting projects.
A working team structured around each project, composed of senior consultants with prior executive experience in the topics addressed.
Independence and the absence of any conflicts with the interests of each client.
Methodology
How we work
Understanding the current situation
This is an essential point of our working process: we seek to identify improvement opportunities in advance, across all areas or in those selected by the client, for the company to consider what to implement. Once the scope is defined, we prepare a commercial proposal for joint work with the company’s teams.
Pricing of engagements
Our specialty is improving our clients’ results. Accordingly, we believe the best way to define our compensation should be, whenever possible, primarily based on a share of the results of the projects carried out, measured through criteria agreed in advance.
MB Empresas products
Main consulting areas
Planning and Management for Results Improvement
An overall action plan, with broad involvement of the client’s teams, to address in an integrated and coordinated way the various issues identified while analysing the current situation. The work follows a problem-solving methodology applied uniformly to every case and by every area involved.
Comprehensive Cost, Expense and Working-Capital Reduction Program
Based on an analysis of the structure of operating costs and expenses, or of the working capital used in operations, improvement opportunities are identified. With the involvement of the client’s key areas, targets are set and a control and follow-up program is defined to ensure the expected results are achieved.
Financial Efficiency Improvement
Drawing on an assessment of the financial statements, an analysis of the current debt structure and an understanding of the company’s operating cycle, we seek to identify, map and quantify the different opportunities to reduce costs and financial risks.
Where the company’s financial position shows an imbalance between its short-term capacity to generate funds and its debt service, MB Empresas can help the client understand the factors behind that situation and design and execute an action plan to restore that capacity, including supporting the client’s management in discussions to restructure existing liabilities.
Evolution of the corporate governance model
Modernization of the company’s decision-making process at the Board of Directors (or Partners’/Quotaholders’ Council) and Executive Board levels, support in drafting or updating legal corporate documents and company regulations (bylaws, rules for corporate bodies, advisory committees, approval authority levels, etc.), and support in drafting and/or reviewing corporate compensation, financial and risk policies.
Economic and financial valuation
Support in preparing the business plan with financial projections and the valuation of the company.
Business Transformation and Expansion Transactions
In pursuing its strategy, a company may face transactions whose challenges lie beyond the experience built up in its day-to-day activities. MB Empresas is equipped to assist its clients in business expansion transactions such as:
- Mergers, acquisitions, partnerships or divestments;
- Economic and financial feasibility analysis and structuring of expansion projects;
- Adjustments to the corporate structure to improve operational and financial efficiency;
- Preparation to attract a financial or strategic investor, and the search for that investor;
- Special long-term financial transactions.
Cases
Track record
Services
Results planning and management
Card issuer and real-estate developer
Cost and working-capital reduction
Card issuer and real-estate developer
Sale of operation — R$ 120 million
Broadband TV and internet services
Structuring of the Novo Mercado
Development of the Bovespa listing segment
Industry
Results planning and management
In transport and industrial equipment, heavy construction, explosives and footwear
Financial management and debt reduction
In footwear, industrial equipment and personal-care products
Cost and working-capital reduction
In the footwear industry
Adjustment or implementation of results-based compensation mechanisms
In industrial and transport equipment, footwear, heavy construction and explosives
Partnership for sharing industrial plants and distribution networks
In transport equipment
Valuation and preparation for sale
In industrial and healthcare equipment
Acquisition
of 80% of a transport-equipment manufacturer
Fundraising
BNDES-Finame credit line for transport equipment, R$ 24 million
Retail
Results planning and management, cost and working-capital reduction and adjustment of results-based compensation mechanisms
In apparel and footwear
Infrastructure
US$ 320 million raised
Through IDB financing
R$ 900 million raised
Through a special BNDES credit line
R$ 3.5 billion partnership
Investment in a greenfield project
R$ 1.1 billion debenture issue
Scheduled replacement of short-term debt
R$ 1.1 billion IPO
Listing on the Novo Mercado
R$ 800 million partnership
Investment in a greenfield project
Corporate restructuring
Greater transparency, operational simplification and tax efficiency
Agribusiness
Support for financial and debt management
In agribusiness processing
Financial management and debt reduction
At an agricultural cooperative
Governance and organizational update
Review of operating policies and structure of an agricultural cooperative
Core team
Who leads the projects
José Roberto Mendonça de Barros
PhD in economics and former Secretary of Economic Policy at the Ministry of Finance, he founded MB Associados in 1978.
Antonio José Sellare
At MB since 2011. Previously held senior management positions at mid-sized and large companies in finance and general administration.
Maercio Soncini
Business administrator with more than 37 years of experience in financial markets.
Contact
Request information
Talk to the MB Empresas team.

