What does Private Equity look at when buying a company?
I faced this question in an interview with Private Equity. The interviewer told me that the answer is simple, what PE looks at when buying a company, just answer a term from 3 financial statements. Gosh!! I made a few guesses but all wrong.
Could anyone help and know the answer? I will have the second rd interview soon and he prefers me to know the answer next time.
If he asked for something you can get from the 3 statements, the answer is free cash flow