Private equity procurement in Australia: Your procurement team on the ground in Australia.
TPP is the procurement execution team in Australia for private equity firms in the US, UK and Singapore. We find, size and bank savings across your Australian portfolio companies, documented to the P&L and signed off by finance, with fees that can be tied to results.
Hold periods are stretching, and capital costs more.
The operating partners getting ahead of it walk into IC with the number in hand and the portfolio company’s politics already worked through, so it holds up under questioning.
In a portfolio company, procurement is an under-tapped source of EBITDA, and every recurring dollar it banks is worth a multiple at exit. When the portfolio company is in Australia, the work needs people in Australia: in its time zone, in its supplier market, in the room with its team.
That’s TPP. It’s led by Ashokk N Menon, who has been the buyer, the supplier and the advisor over 25+ years: 130+ projects and $1.5B in documented benefits.
Where procurement value gets lost, and what we do about it.
Deals are where procurement value is easiest to lose: missed in diligence, promised in the synergy case, then never delivered after close. We work the procurement side from first look until the value shows in the P&L.
| Where it gets lost | What TPP does | |
|---|---|---|
| Buy | Missed in diligence | Procurement due diligence: the target’s spend, contracts and supplier position reviewed before you sign, with the procurement value sized for the deal model. |
| Hold | Promised in the synergy case, never delivered | Integration and synergy extraction: supplier bases and contracts combined so the business buys as one, and the synergies tracked until they show in the P&L. |
| Sell | Supplier price rises slip in during novation and consent | Separation: agreements split, novated or re-contracted before the TSA runs out, so the new entity stands on its own from day one. |
One model, run across the portfolio.
Start in one portfolio company. Once the model is proven, we run it across the rest with staggered 12-week Sprints and aggregate reporting to the IC. No recruiting for each company.
In the portfolio company’s time zone. Overlapping with yours.
TPP is based in Melbourne. Progress is reported as decisions made and money banked, documented to the P&L, so the numbers you see in London, New York or Singapore are the ones finance has signed.
Before you bring us in.
Who runs procurement execution for overseas PE firms in Australia?
TPP is the procurement execution team in Australia for private equity firms based in the US, UK and Singapore. It finds, sizes and banks savings across Australian portfolio companies, with the results documented to the P&L, signed off by finance, and fees that can be tied to results.
Do you work across more than one portfolio company?
Yes. Once the model is proven in one portfolio company, we run it across the rest: staggered 12-week Cost-out Sprints, one playbook, no recruiting for each company, and aggregate reporting to the investment committee.
How quickly does it show in the numbers?
90 days or less to impact. Savings are documented to the P&L and signed off by the portfolio company’s finance team, so the number holds up at IC.
Do you do procurement due diligence?
Yes. Before you sign, we review the target’s spend, contracts and supplier position, and size the procurement value for the deal model. After close we deliver the synergies and track them until they show in the P&L.
How are fees structured?
A fixed fee, or pay for performance with part of the fee at risk. Each engagement has a stated outcome, a timeline and a price agreed in writing.
What size of business do you work with?
Australian businesses between $50M and $800M in revenue, frequently private equity backed, across FMCG, packaging, manufacturing, retail, QSR and healthcare.
Can the portfolio company keep the capability?
Yes. TPP does the work. Through Procurement Superheroes, the portfolio company’s own team can be trained on its live work, so next time they do it themselves. Same founder, same method.
Thirty minutes to see where the savings are.
A free call with Ashokk on your Australian portfolio companies. In confidence.