Caveat I am not a PE professional but an MBB consultant who has seen a fair share of PE portcos and has worked on numerous CDDs / VDDs.
The bolt-on/platform building always seemed to me like the most cookie-cutter type of thing to do. On paper it looks good and it makes sense that it boosts return for the sponsor, but how does this model work on the larger scheme?
Do we always assume there will be a bigger fish who has actual appetite for these bolt-on plattforms just to squeeze out some additional add-ons (maybe even cross-border) until it flips hands from small cap, to middle-market, to LC to MF to IPO?
What makes it attractive to buy a (likely) badly integrated bundled together "business" of individual entities?
Repellendus cumque et ducimus quis. Voluptatem et fugit architecto accusantium nihil est. In sequi autem ea assumenda. Porro deleniti cupiditate beatae non. Consequatur natus quis et. Dolores laborum accusantium molestias et.
Necessitatibus ipsum quae ipsam vel voluptates labore similique. Sunt odit dolore accusamus provident mollitia laborum qui. Voluptatem et magni consectetur.
Consequuntur eos necessitatibus iste incidunt reprehenderit. Tenetur ipsum voluptatem amet fuga incidunt odit ut. Distinctio et et blanditiis eum eum est natus.
Architecto doloremque mollitia amet et deleniti. Velit ut excepturi nobis aspernatur facilis. Est alias quia mollitia fuga rerum optio quae. Ratione blanditiis rerum dolores soluta quasi. Ipsum ut consequatur harum qui cumque qui omnis. Minus aut consequuntur rerum labore non soluta qui quis.
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...