What Private-Equity Strategy Planners Can Teach Public Companies
by McKinsey & Company
Successful PE firms model practices that would benefit any multibusiness enterprise —as well as some that break the public-company mold. In many respects, successful private-equity (PE) firms seem to defy economic logic. They acquire most of their businesses through some form of auction, where competitive bidding drives prices above what other potential buyers are willing to pay. […] Read more