What are the major milestones of a deal? I know it varies by firm, but I'm wondering:
When does the LBO get made? After the first pitch to the deal team I'm assuming? How many weeks before bidding is the LBO made?
What happens in the last few days leading up to the bid/buy?
What do you call major presentations of findings along the way? I only know consulting lingo like "final read-out" or "interim update" but I feel like I want to get a better grasp on PE jargon.
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