US Subsidiaries for European & Asian Companies
TCG’s team of experienced professionals has deep experience and expertise in assisting non-US clients with all aspects of creating, staffing and growing a US subsidiary. Our Principals have set up a dozen successful American firms using our US operational skills for a number of non-US companies. Forming a subsidiary can be the best option for such companies particularly if the products are unique and address unmet medical needs The cost is inconsequential compared to the benefits of better efficiency, avoidance of legal problems, closer customer relationships and faster reaction to changing US market dynamics. We have handled all the legal, financial, operational and management aspects of creating subsidiaries including staffing with full or part-time employees to meet financial and market objectives.
Examples of recent successes include:
- A German biomaterials company, for whom we handled legal registration, customer operations and all sales and marketing. It now accounts for 20% of the company’s worldwide product line sales by the end of the two years, is profitable, and sales have increased 70% over the first year.
- A European orthopedic surgical company for whom we identified, hired and managed a CEO for the US headquarters.
- A French specialty diagnostic reagents and chemical firm for whom we helped locate acquisition targets to bolster their US manufacturing and marketing presence.