PE VPs — How many platforms have you completed?
Feels like the market is still pretty slow for a lot of funds so curious if folks feel like they’re getting a good experience from an execution standpoint.
Trending Content - Private Equity Forum
Career Resources
Bump
In LMM and haven’t done a platform deal for the last 3-4 years
what do you do all day
The very question I ask myself… a lot of shots on goal and getting to final 2 buyers but always seems to go the wrong way. Luckily I have a lot of deal reps from my associate years
Same, haven't done a platform in ~2 years. Tons of portco management work to keep busy plus looking at add-ons. Add-ons can be just as much work as platforms sometimes. Plus not every deal you run at will ultimately close.
With that said, haven't had to do a ~80+ hour week sprint since last platform deal
Senior VP. I've closed on 2 platforms in 7 years. When i joined as an associate i was immediately put on 4 portco's, 2 brand new and 2 old, struggling ones. I dropped one to do a new platform, then sold that and one other before finally doing a second platform at the beginning of this year. So I'm down to 3 portco's now. Hopefully the 2 others will sell over the next 12 months and I can focus more on new platforms. On the flip-side I've probably done 15+ add-ons.
Just the luck of the draw. Thankfully it hasn't held me back in consideration for promos.
I've done 3 platforms, 10+ add-ons and a few sales / debt recaps. Haven't done a platform in two years.
1 platform per year. Lean team in LMM (~10 IPs).
LMM. Averaged 1-2 platforms a year. Closed 1 last year and will do 2-3 this year. Lean team. However we don't do many add-ons.
I don't really understand this. Are you involved at all post-close? Not sure how you can realistically manage 5+ portcos at this level.
2 in 6 years. Hoping to get to 3 this year and 3/7 would actually be great
Perferendis ut nihil voluptas quia aut. Quaerat harum ea sit. Sed autem deserunt et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...