I spoke to a private equity investor recently. He described a recent sell-side process for one of their portfolio companies. They basically had no bake-off to vet investment bankers. They knew who their advisor would be – a middle-market bank…
Here’s a recent case study of a successful deal. About three years ago, a private equity investor connected with a CFO at a larger private company. The conversation touched on a portfolio company owned by the private equity firm. The…
I’ve watched strong deals unravel late in a process – not because the business was fundamentally weak, but because diligence uncovered issues that should have been addressed months earlier. Things that, if surfaced ahead of launching a process, could have…
The Quick Take: A typical transaction process often feels like it needs to be a race against time. But shortcuts in early preparation can lead to a “domino effect” of missteps in the later stages of a process. By leveraging…