Many predict exits are set to become harder to execute over the next twelve months. In this article we feature some outtakes from Day 1 of our PE Retreat 2018, which was held in association with Santander and Brewin Dolphin.
Key points include:
Investment houses will need to hold onto companies for longer if they’re to get the rate of return they need.
Management teams need to own the deal process and drive it.
If a company is going to achieve fast growth, it needs strength and depth beyond the ExCo.
Having a plan that everyone buys into is incredibly important when it comes to alignment.
The first 100 days of a CEO's tenure should be for assessment, then the changes and key people can be put in place to ensure long-term success.