PEGs & Investors

Revenue Recognition And Private Equity: Are You Paying Attention?

2020-05-05T17:08:22-04:00

Back in May of 2014, FASB issued one of the most considerably penetrating compliance changes in over a decade (Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU 2014-09)). Between May 2014 and today, amendments and implementation guidance for both companies and practitioners have been released with Topic 606 effective for private companies beginning on or after January 1, 2019, trailing public companies by a year. Before your eyes glaze over from the technical talk, you may be wondering why an accounting standard update from almost six years ago is relevant to your private equity firm. As [...]

Revenue Recognition And Private Equity: Are You Paying Attention?2020-05-05T17:08:22-04:00

A Private Equity Perspective on Budget Planning

2019-10-03T09:06:39-04:00

A Private Equity Perspective on Budget Planning It’s time for the next stage of business ownership: Bringing on an investment partner. Finding the right fit is an inexact science – some combination of due diligence, reference checks, and “gut feel.” These ten questions can help sellers find the right match for their personality, business style, and future goals. Read the article: A Private Equity Perspective On Budget Planning_ INSIGHTS from Prospect Partners

A Private Equity Perspective on Budget Planning2019-10-03T09:06:39-04:00

Search Funds: Creating A Whole New Generation of Entrepreneurs

2018-08-13T10:17:23-04:00

By Heather Endresen Takeaway: New entrepreneurs are flocking to the previously obscure search fund model in droves. No generation has had the impact on small business creation that the baby boomers have had over the past 50 years. As they look to retire, a new model of entrepreneurship is emerging and these new entrepreneurs are flocking to the previously obscure search fund model in droves. To paint you a picture of the current small business landscape, during 2017, 36% of small business owners—those with $100,000 to $10 million in sales—said they plan to transition the ownership of their company in the next five [...]

Search Funds: Creating A Whole New Generation of Entrepreneurs2018-08-13T10:17:23-04:00

Taking a Second Look: How My View of Search Funds Changed

2018-08-13T10:00:41-04:00

By Kevin Dempsey, CBI, CMEA Takeaway: Several reasons you may want to (re)consider working with a Search Fund: Over the past five years we have been getting more calls from a special set of buyers known as Search Funds. About three years ago, after working very hard through due diligence and MBA level discovery, and three unsuccessful deals, we gave up on Search Funds as a buyer source. The experience of working with graduate students, their alma mater programs, the MBA-entrepreneur/owner was very disappointing. As you might imagine, our Sellers were also very disappointed by the experience and even projected their frustration on me. After three [...]

Taking a Second Look: How My View of Search Funds Changed2018-08-13T10:00:41-04:00

Deal Flow Options and the Single Family Office Investor

2018-08-02T15:48:42-04:00

Takeaway: Markets are continually in flux. This means that your sales practice must be adaptable to compete in the market place. These deal flow options, or even an SFO, may be the best for you when the time comes. For traditional private equity investors, today’s market conditions present challenges in putting their money to work. On the one hand, the amount of investable capital remains plentiful and interest rates remain relatively low. On the other, however, a shortage of quality investments has pushed valuations outside of the consideration set for many investors. Market conditions are no different for Single Family Offices [...]

Deal Flow Options and the Single Family Office Investor2018-08-02T15:48:42-04:00

Capital is Critical for Company Growth

2018-08-02T15:47:51-04:00

By Gary Miller SDR Ventures Lacking sufficient capital to grow is the major constraint for most small and middle market companies. To reach the next level of success, capital is the fuel that drives the company’s growth engine. Without it, reaching that “next level” is almost impossible. Many entrepreneurs are skilled at starting and building small successful companies. But growing a small company into a big one is very different, and in many ways, a more difficult task which is why raising growth capital is so important. Entrepreneurs and business owners often stumble in obtaining growth capital because they are inexperienced [...]

Capital is Critical for Company Growth2018-08-02T15:47:51-04:00