NorthPoint Technical Services
CEO-Led Turnaround and Strategic Sale to Wajax
Situation
NorthPoint Technical Services was carved out of Siemens and acquired by a Denver-based private equity firm. The business consisted of eight service centres across Canada and required rapid stabilization, strategic clarity, and a credible path to value creation following separation from a large multinational parent.
Role
Recruited as full-time CEO to lead the carve-out, turnaround, and growth strategy.
Approach
Built an independent operating model post-Siemens, including leadership structure, financial controls, and go-to-market focus.
Drove operational discipline across geographically dispersed service centres.
Clarified the strategic narrative for ownership, customers, and potential acquirers.
Positioned the business for strategic rather than purely financial exit value.
Outcome
Successfully stabilized and repositioned the business within 20 months.
Executed a strategic sale of NorthPoint to Wajax, aligning the business with a national industrial services platform.
Delivered a clean exit for shareholders and a strong long-term home for the organization.
What This Demonstrates
CEO-level leadership in complex carve-outs, rapid value creation, and execution of strategic exits under private equity ownership.
