Insights
Insights from the operating layer of private equity value creation.
Value creation plans are often assembled by analogy, or, put more simply, a borrowed answer, for example, from a previous deal's playbook. First principles thinking, on the other hand, starts from what has to be true for the investment case and builds the KPIs and reporting up from there.
Private equity holds have stretched. The equity story can no longer be a marketing artefact. It has to become the master document the investment thesis and value creation plan both serve.
The conventional model, six months of frantic preparation before exit, risks leaving multiple on the table. Continuous readiness, embedded in the operating cadence, is the preferred alternative.
