Diversified Service Company: Anonymous

Investor: Anonymous

Type of Investment:

The Context

This is an anonymous deal done by a private equity firm explaining how the process happened.

The Memo

Key Takeaways

  • Most companies rarely have audited financials that accurately reflect the financial performance of the company
  • There are certain things that matter more than others when it comes to an acquisition (i.e. QofE minutiae shouldn't eat up a lot of time)
  • Implementing changes after the acquisition is difficult. It takes time and money and it doesn't happen quickly.