A new playbook is helping private equity investors earn strong returns, at a time when buyouts have never been bigger or bolder. As deal prices and the cost of debt rise, private equity firms can no longer count on leverage and financial maneuvers to deliver outsized gains. To succeed in this environment, private equity firms need a different formula. As soon as a deal closes, … [ Read more ]
Content: Article | Authors: Chris Bierly, Chul-Joon Park, Graham Elton | Source: Bain & Company | Subjects: Finance, Venture Capital
Getting a good deal has never been easy, but picking the right acquisition target is doubly challenging these days, placing an even higher value on a key ingredient in the success of private equity firms: the discipline to walk away.
Content: Article | Authors: Graham Elton, Rolf-Magnus Weddigen | Sources: Bain & Company, Financial Times