Dear PE professionals of the forum, one quick question to pick your brains for a moment:
In the context of being an external investor that seeks to buy out a minority stake owned by a financial sponsor, where the majority shareholder is also (and will continue to be) the de facto manager (so the current financial partner doesn't do much more than attending the board meetings), which Reps and Warranties would you reasonably expect to receive, why/rationale, and from who?
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