Hi guys:
How does a PE exit to SPAC usually work? It seems like you probably can't get all your cash off the table in one go...how do PE firms usually go about it? Do they continue to work on value creation for companies they exit through SPAC? or do they just act as if they are all exited now?
Thanks
| +64 | My girlfriend won’t let us rent out our home for my career | 17 | 1d |
| +24 | Rugpulled on Sr. ASO promote - how to fill a year (or two) before B school? | 6 | 21h |
| +19 | PE PortCo Work | 9 | 40m |
| +18 | On-Cycle Getting Pushed? | 5 | 2d |
| +18 | Fund going shit but happy with life what to do? | 3 | 1h |
| +15 | Practical uses of of AI in PE | 1 | 1d |
| +11 | Paper LBO | 2 | 1d |
| +11 | Those who exited PE, When did you know it was time? | 1 | 1d |
| +9 | PE job security | 6 | 2d |
| +9 | Broaden CV, or stay at my job? | 1 | 6d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
For the PE sponsor of the exiting company, it will look similar to other IPOs. Not sure if there is anything inherently different about SPACs.
IPOs don't usually result in full liquidation, with the former PE sponsor usually remaining a majority owner or minority-majority. They will still work on value creation as long as they are on the board, but with extra hoops to jump through with the public requirements.
Earum distinctio autem tempore cum. Deleniti recusandae doloremque aperiam doloremque. Velit sapiente repellat molestias sint sapiente. Quas at suscipit delectus deleniti. Beatae laudantium quod animi voluptatum est.
Et dolorem hic itaque excepturi. Laudantium perferendis ut harum aliquam. Explicabo quam eius sequi optio maiores et reiciendis et. Minus labore debitis et rerum. Error dolore illum inventore aut. Delectus dicta eum minus officiis consequuntur consequatur sint. Et modi officia ex laboriosam est quos voluptas.
Tempore quo et dolores fugiat esse cum earum. Repellendus fugiat accusantium eligendi distinctio possimus. Magni voluptatibus nemo dolorem quasi vitae. Voluptatem veritatis consequuntur aliquam alias debitis.
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...