The Carve-Out Clock: Standing Up Standalone Operations Before the TSA Runs Out
The day a carve-out closes is not the day the business can run on its own. Between those two dates…
The PE Operators’ Table — Episode 01: Wayne Marhelski on the Execution Gap
A conversation with Wayne Marhelski on value stream mapping, the execution gap, and why value leaks in the PE hold…
Operating Partners Are Flying Blind on Portfolio Operations
A partner at a mid-market fund sits on five portfolio-company boards, and the EBITDA each business delivers at exit is…
Forward-Deployed Operations: The Model AI Companies Just Rediscovered
A few months ago the engineering world fell back in love with a job title it had mostly forgotten. OpenAI…
The Value Creation Plan That Survives Contact With the Business
By the time the deal closes, the value creation plan already exists. It sits in the data-room appendix as a…
Private Equity Due Diligence: The Workstream Everyone Underprices
For most of the buyout era, due diligence meant two things: financial diligence to confirm the numbers and legal diligence…
Private Equity Value Creation Strategies: The Levers That Still Work
For much of the last two decades, a large share of the value buyout funds handed back came from rising…
Value Creation in Private Equity: Where the Returns Come From Now
Industry decompositions of buyout returns have long carried an uncomfortable message for the people who run the deals. Bain’s Global…
What Operational Due Diligence Misses in an M&A Deal
Operational due diligence expanded into a formal discipline for a defensive reason. After the 2008 crisis and the Madoff fraud…
The Fractional CDO, and the Seat Most Mid-Market Companies Never Filled
Wavestone’s 2024 Data and AI Leadership Executive Survey, the twelfth annual edition of a study formerly run by NewVantage Partners,…