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An alternative succession solution

An entrepreneur-led mission to acquire and run an Australian business for the long term

Coworking Space

The
Premise

Supported by a group of business owners and investors, Next Generation Growth (NGG) is set up to acquire and operate ONE high-quality Australian business for the long term.  

The idea was borne off a simple premise. Many Australian businesses will face succession issues in the coming few years.  Unfortunately, some will permanently close – a reflection on the lack of succession options rather than the viability of the business itself.

A closure of a business represents a significant loss for employees, customers, suppliers and the wider community. 

NGG believes there’s a better way.  NGG will provide a sound financial outcome for the owner, take over the day-to-day operations and be singularly dedicated to protecting the legacy, reputation and ecosystem of the acquired business.

Premise
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Founder
Profile

  • LinkedIn

Divye Goyal brings over a decade of experience in operations, strategy and investing.

Growing up in a family business, Divye saw the realities of small enterprise. From managing financial pressures to building a team whose values align with the owners and of course, positioning the business for ongoing success.

Over the next decade, Divye worked as a management consultant with the Boston Consulting Group and as an investor-operator in the US. His experience spans industrial, manufacturing and B2B services businesses. Over that time, he's negotiated deals with suppliers, customers and lenders, attracted talent into newly-created roles and driven significant improvements in sales and production decision-making. 

Divye believes small business is the life-blood of the economy and community. Next Generation Growth is a platform to marry his personal passion for the sector with the tools, processes and systems used by the most successful organisations in the world.

Divye holds the following qualifications:

  • Masters in Public Administration (MPA), Harvard University

  • Masters in Business Administration (MBA), The Wharton School, University of Pennsylvania

  • Bachelor of Commerce (First Class Hons.), The University of Melbourne

Profile

Advisory
Board

Alex Wyatt

Alex is a successful entrepreneur, investor, advisor and former first class cricketer. He is currently the CEO and founder of August Robotics, as well as a member of the World Economic Forum Global Future Council on Artificial Intelligence and Robotics. 

 

Prior to August Robotics, Alex Co-founded and was the CEO of Climate Bridge, a world leading carbon credit company based in China with operations across Europe and Asia. He also served as the Executive General Manager of Strategy and Government at Cricket Australia and as consultant with McKinsey & Co.

 

Alex is a Rhodes Scholar, and holds a BSc and LLB from the University of Melbourne and an MPhil and MBA from Oxford University. 

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Ron Leach

Ron is a seasoned executive with a proven track record of leading turnarounds and growth in industrial and global packaging businesses. Ron is currently the Chairman and CEO of NPX One, one of North America’s largest food packaging businesses and the Chairman and Co-Founder of X2F, a technology business revolutionising the injection moulding process. 

Ron brings over 40 years of experience, including 20 years in CEO/President roles for businesses with revenue between between $50m - $2b. His expertise ranges across change management, team building, business scaling, M&A and creating a culture of excellence. 

 

Ron holds a Bachelor of Science in Packaging Engineering from Michigan State University. 

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Rodney Cocks

Rodney is an accomplished CEO and senior executive with over 20 years of experience. He is currently the CEO of Cronos Australia (ASX:CAU), Director of Guinevere Capital and is the Chairperson of Non-Profit organisation, Global Voices. Previously, he was part of the senior leadership team at Linfox and a consultant with The Boston Consulting Group.

 

Before his corporate career, Rodney had a distinguished career within the military and international affairs. He is a graduate of the Royal Military College, Duntroon, serving as a Captain in the Infantry Corps where he deployed to East Timor. Rodney served on the Counter Narcotics Team of the British Embassy in Afghanistan and with the UN in Iraq, Afghanistan, Sri Lanka and Pakistan. 

 

He is an admitted lawyer to the Supreme Court of New South Wales, a Graduate of the Australian Institute of Company Directors and was named the Victorian Australian of the Year in 2005 by the Australia Day Council. Rodney holds an MBA from the Wharton School, University of Pennsylvania, an MPA from Harvard where he was a Fellow at the Centre for Public Leadership, a LLB from QUT and a BCom from the University of Melbourne.

Advisory Board

Criteria

Right setup

  • B2B services, manufacturing or distribution

  • Owner ready to transition 100% (or majority) ownership

Strong financials

  • $1m - $5m pre-tax profits

  • 45%+ gross margins

Sound business model

  • Predictable / recurring revenue

  • Limited customer / supplier concentration

Criteria

Contact

Like to hear more? Get in touch!

Divye Goyal

dgoyal@nextgenerationgrowth.com

0484257193

Contact
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