The Case for Outliers

By |2019-01-16T16:54:52+00:00June 30th, 2018|Outliers, Private Equity|

A recent survey of 100 PE firm partners and portfolio company CEOs conducted by a partnership of Vardis and AlixPartners revealed that CEO turnover occurs during the hold period in 73% of PE deals.  Based on my 13 years of working with lower middle market (LMM) PE portfolio companies, I would say 73% figure is too conservative in the LMM.