Partnering with CorpFin at a portfolio company - advice / horror stories?
I'm looking at an opportunity to join the Corp Finance team of a company that was recently acquired by a large PE firm. Company is profitable and has been bootstrapped to this point, but the strategy is to grow through M&A going forward.
The position I'm looking at is director of finance. In my 8+ years experience in corporate finance I haven't worked with a PE-backed company. Curious if anyone can share 1) how they partnered with the corporate finance team at portfolio companies (what kind of standard reporting, ad hoc reporting, regular interactions, etc.) and 2) how you built a good working partnership with the finance function at the portfolio company.
Maybe more to the point from my perspective, when starting to build a partnership between your PE firm and the CorpFin function at the portfolio company, what are some actions the CorpFin team took that you either appreciated or hated?
