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Introduction Meeting Summary • June 18, 2026

Hands-On Operational Support for Stellex Portfolio Transformation

Thank you Mariano for the introductory conversation with Delta Driver and for forwarding the original email to Matt Kajfez, Supply Chain Transformation Lead for Stellex Resource Group. The discussion showed a strong operating fit around supply chain transformation, procurement visibility, interim leadership, and practical value creation support for middle-market portfolio companies.

Stellex Participant

Mariano Malvicino, Director of Portfolio Talent
Stellex Resource Group

Delta Driver Participants

Paul Manring, Managing Founding Partner
Bob Brennan, Partner

Executive Summary

Stellex described a portfolio model that values hands-on operating help, practical execution, and specialist support that can move quickly across diligence, interim leadership, procurement, supply chain, and portfolio company improvement.

Delta Driver aligns well with Stellex because both firms emphasize operational improvement over presentation-heavy consulting. Mariano made clear that Stellex tends to gravitate toward people and firms that can do the work, step into the business, and help portfolio companies solve real operating problems rather than produce a detached study.

The strongest areas of alignment are supply chain transformation, procurement opportunity identification, manufacturing and engineering leadership, interim operating coverage, and dashboard-guided value creation that remains with the company after the engagement.

The conversation also pointed to a practical next step: provide Mariano and Matt Kajfez with relevant materials on Delta Driver’s Spend Cube Analytics, sourcing opportunity work, and middle-market portfolio company case examples where data visibility led to savings, better decision-making, and follow-on operational improvement.

What We Heard from Stellex

The meeting reinforced that Stellex’s Resource Group supports portfolio companies with focused operating expertise, including supply chain, finance, technology, commercial, and talent resources.

Portfolio Talent and Resource Group Support

Mariano described his role as portfolio-facing, with responsibility for talent and close collaboration with Stellex Resource Group leaders who support portfolio company performance and leadership needs.

Supply Chain Appears in Nearly Every Thesis

Mariano noted that supply chain operational improvement shows up in some form across essentially every investment thesis, creating a clear opening for practical, data-based support.

Hands-On Help Fits the Stellex DNA

Stellex is more likely to use interim leaders, fractional resources, consultants with operating depth, and specialists who can work directly with the business instead of producing a broad advisory report.

Delta Driver’s model was built for this type of need: experienced operators, fact-based diagnostics, embedded execution support, and business intelligence tools that help leadership continue the work after Delta Driver leaves.

Where Delta Driver Fits Stellex

Stellex invests in middle-market companies that often face transition, complexity, and operational transformation needs. Delta Driver helps private equity sponsors and portfolio leaders turn those conditions into clear operating priorities and measurable value.

Supply Chain Transformation

We support plan, buy, make, and deliver priorities across procurement, manufacturing, inventory, scheduling, logistics, SIOP, and supplier performance. This directly complements the role Mariano described for Matt Kajfez and Stellex Resource Group.

Interim and Fractional Operating Leadership

Delta Driver can step into interim manufacturing, operations, supply chain, PMO, and integration roles when a portfolio company needs authority, pace, and operating judgment without a long ramp-up.

Spend Cube and Strategic Sourcing

Our Spend Cube creates supplier, category, subcategory, spend, contract, index, and pricing visibility. It identifies sourcing opportunities and leaves portfolio company teams with a tool they can keep using.

Spend Cube Alignment

Mariano asked for materials on the Spend Cube, including a case example and savings perspective. That request fits one of Delta Driver’s highest-return offerings for middle-market manufacturers and portfolio companies.

What the Spend Cube Does

  • Organizes spend by supplier, category, subcategory, site, item, and business unit
  • Highlights concentration risk, contract gaps, price movement, and supplier fragmentation
  • Compares spend patterns against indexes, market movement, and sourcing alternatives
  • Prioritizes savings opportunities by size, complexity, timing, and execution path
  • Creates a durable tool portfolio companies can continue using after the engagement

Why It Matters for Stellex

Mariano noted that procurement savings ambition may be lower than what is actually available in the portfolio. A Spend Cube gives Stellex and its portfolio company leaders the visibility needed to challenge assumptions, raise savings targets where justified, and focus execution on the largest credible opportunities.

Delta Driver has used this approach to create visibility in companies that were successful but did not know what they were truly spending by supplier, category, or sourcing pattern. The tool then becomes a basis for RFPs, supplier negotiations, SIOP improvements, and broader operating discipline.

Operational Support Across the Investment Cycle

Delta Driver supports private equity sponsors before close, after close, during operational transformation, and when leadership gaps require interim operating help.

1

Diligence and Thesis Support

Identify supply chain, procurement, manufacturing, capacity, labor, quality, and execution risks before close.

2

Post-Close Diagnostic

Use data, site review, leadership interviews, and operating dashboards to separate symptoms from root causes.

3

Value Creation Execution

Convert opportunities into operating rhythm, ownership, KPI review, savings capture, and performance discipline.

4

Interim Leadership

Provide experienced operating leaders when a company needs immediate stabilization, transformation, or capacity.

Why the Model Works for Stellex

Stellex’s operating approach and Delta Driver’s delivery model share a bias toward practical execution, operating depth, and value creation that holds after the initial engagement.

Lean, Senior, and Practical

  • Small teams led by experienced operators
  • Well south of large-firm cost structures
  • Comfortable with PE speed, ambiguity, and tight timelines
  • Built for middle-market companies with real operating constraints

Data-Driven and Sustainable

  • Recommendations guided by business intelligence, not opinion alone
  • Dashboards used as management tools, not static presentation exhibits
  • Tools and cadence left behind for continued portfolio company use
  • Execution support connected directly to EBITDA, cash, service, and reliability

Where Delta Driver Can Support Stellex Portfolio Companies

The areas discussed in the meeting match Delta Driver’s experience across manufacturing, supply chain, procurement, operational diligence, and interim leadership.

Portfolio Need Operational Due Diligence Diagnostic Assessment Value Creation Capture Spend Cube / Strategic Sourcing Interim Leadership
Supply Chain Transformation
Procurement and Sourcing Savings
Manufacturing Engineering Leadership
SIOP, Scheduling, and Inventory
Carve-Out, Integration, and PMO
Plant Operations and Throughput
Portfolio-Wide Visibility
This range matters because Stellex may need different forms of support at different times: a quick diligence view, a targeted procurement diagnostic, a hands-on interim leader, or a practical operating team that can help convert data into sustained value creation.

Relevant Industry Fit

Delta Driver’s operating experience covers the kinds of manufacturing and supply chain environments that commonly require practical transformation support.

Industrial Manufacturing

Plant operations, manufacturing engineering, scheduling, capacity, equipment utilization, labor planning, operational discipline, and performance improvement.

Supply Chain and Logistics

Procurement, supplier management, inventory, freight, SIOP, planning maturity, service levels, and end-to-end visibility from demand through delivery.

Food, Packaging, and Real Economy Businesses

Practical support in environments where safety, quality, throughput, working capital, supplier reliability, and leadership cadence directly affect enterprise value.

Your Delta Driver Team

Delta Driver is led by operators who understand both private equity speed and the day-to-day realities of manufacturing, procurement, supply chain, and plant leadership.

Paul Manring

Managing Founding Partner

Paul.Manring@Delta-Driver.com

Bob Brennan

Partner

Bob.Brennan@Delta-Driver.com

Next Step: Share Spend Cube Materials and Continue with Matt Kajfez

The best next step is to provide Mariano and Matt with Spend Cube materials, relevant case examples, and a concise summary of how Delta Driver supports supply chain transformation, strategic sourcing, interim operating roles, and hands-on value creation inside middle-market portfolio companies.