What Is Changing in Private Equity Deal Terms, and What I Am Doing About It
The Old Playbook Is Losing Its Grip For years, a private equity deal followed a familiar script. A sponsor found a good business, put in a healthy dose of leverage, and rode a growth story to an exit in five to seven years. That script still exists, but it does not close deals the way […]
How A Good Acquisition Actually Gets Done, From Someone Who Has Sat On Both Sides Of The Table
The Moment Before The Deal Has A Name Every acquisition looks clean once it closes. A press release goes out, two logos sit next to each other, and everyone shakes hands. What nobody sees is the six months before that, when the deal almost died three or four times over small things: a number that […]