Jeff Vogel, EY-Parthenon US Managing Director and Head of the Software Strategy Group, joins Winna Brown to explore the complexities and key trends shaping the software deal landscape. Visit ey.com to read our latest private equity perspectives. The “software economy” is comprised of companies that sell or license software as well as software-enabled business services companies that differentiate themselves on the basis of their software. Because a software asset is especially complex to valuate...
Jan 05, 2021•28 min
Jerry Whelan, EY Private Equity Tax Technical Leader, and Ray Beeman, Co-head of the EY Washington Council, join Winna Brown to discuss the top five critical areas to which PE executives must pay attention: Tax and regulatory Incentives Deal activity Opportunity landscape (domestic and cross-border) Sector big bets Visit ey.com to read our latest private equity perspectives. This podcast was recorded on 20 November, 2020 and assumes there will be a divided government scenario in the US with a Bi...
Dec 08, 2020•30 min
Our speakers call on PE to adopt ESG and buy in to a broader long-term value strategy. Visit ey.com to read our latest private equity perspectives. A company’s primary purpose is no longer simply enhancing and protecting value for shareholders through short-term profits, it is also delivering long-term value (LTV) to all stakeholders. Private equity (PE) has taken a keen interest in this expanded definition of value in the face of investor, employee and societal interest in conscious capitalism ...
Nov 17, 2020•30 min
Josh Lewsey, EY-Parthenon Strategy & Transactions Partner, and John Levack, Vice Chairman, Hong Kong Venture Capital and Private Equity Association , join Winna Brown to help private equity investors understand how new regulations will impact the current and future private equity ecosystem in APAC. Visit ey.com to read our latest private equity perspectives. The global trade environment has increased geopolitical uncertainty, making forecasting difficult. The Organisation for Economic Co-ope...
Oct 27, 2020•19 min
Josh Lewsey, EY-Parthenon Strategy & Transactions Partner, and John Levack, Vice Chairman, Hong Kong Venture Capital and Private Equity Association , join Winna Brown to help private equity investors understand how to navigate and set expectations in APAC. Visit ey.com to read our latest private equity perspectives. It’s an exciting time for private equity (PE) in Asia-Pacific (APAC). According to Preqin, AUM for buyout funds focused on Asia have more than quadrupled over the last 10 years a...
Oct 20, 2020•27 min
Jeff Woods, EY-Parthenon US Co-Head of Healthcare, joins Winna Brown to explain why PE should remain optimistic about investing in the healthcare sector despite the short-term detriment of COVID-19. Visit ey.com to read our latest private equity perspectives. The assumption that the healthcare sector is “recession proof” has been debunked as the pandemic usurped traditional assumptions among both patients and investors. Now, there is heightened awareness of how patients access (or don’t access) ...
Oct 01, 2020•30 min
Jon Shames, Senior Partner and Leader of the EY Geostrategic Business Group, joins Winna Brown to explore why PE must embed geostrategy in both deal lifecycle and organizational culture to recognize unique opportunities and drive investment decisions. Visit ey.com to read our latest private equity perspectives. The geopolitical landscape is shaped by four disruptive forces: globalization, technology, demographics and the environment. Private equity firms need geostrategy to manage a shifting pol...
Sep 02, 2020•25 min
Sean Epstein, Senior Vice President and Global Head of SAP Private Equity & Mergers and Acquisition Programs, and Marc Noë, a Managing Director in the EY Digital practice, join Winna Brown to discuss how customer experience is driving digital transformation in private equity. Visit ey.com to read our latest private equity perspectives. “Digital” drives enhanced experiences for customers. And while many people talk about digital in terms of technologies, the most important (and difficult) asp...
Aug 13, 2020•25 min
Andres Saenz, EY Global Private Equity Leader, shares his observations regarding the evolution of private equity and the role it will play in a post-COVID world. Visit ey.com to read our latest private equity perspectives. The initial impact of COVID-19 on the private equity complex echoed what was seen in businesses across all sectors, with workplace safety, remote ways of working, investor and employee communication, liquidity and supply chain being top of mind to triage. In addition, deal mar...
Jun 30, 2020•23 min
Tim Dutterer, EY-Parthenon Head of Private Equity, and Greg Schooley, EY US Value Creation Leader, discuss how COVID-19 is transforming operating models across the PE portfolio and beyond. Visit ey.com to read our latest private equity perspectives. After the economy recovered from the Great Financial Crisis of 2008, economic activity and growth were steady and predictable. As a result, private equity-owned companies optimized their operating models for efficiency, anticipating the next economic...
Jun 08, 2020•39 min
Jeff Schlosser, EY US Supply Chain Transaction Leader and Jay Camillo, EY Americas Operating Model Effectiveness Leader, explain why a post-pandemic supply chain will prioritize resilience over efficiency. Visit ey.com to read our latest private equity perspectives. COVID-19 has forced companies across all industries and geographies to pivot towards a “new normal” related to their supply chains. Supply and demand plans became irrelevant practically overnight as companies reprioritized to serve c...
May 18, 2020•28 min
Nick Boaro and Sven Braun of the EY Transaction Advisory Services and Working Capital Group explain why freeing cash from working capital can allow PE to prolong sustainability, realize value sooner and invest earlier. Visit ey.com to read our latest private equity perspectives. Four reasons why a PE-backed company would want to optimize cash flow now include: Up to 7% of sales can be unlocked and released quickly. Unlocking cash is the cheapest source of liquidity. Companies with optionality ar...
Apr 21, 2020•26 min
Jennifer Shearer and Alexander Ludwig Reiter of the EY International Tax & Transaction Services group help PE funds and portfolio companies understand and manage the tax implications of recent coronavirus stimulus packages. Visit ey.com to read our latest private equity perspectives. COVID-19 stimulus legislation in the US and Europe is designed to ease the strain on businesses with particular focus on small and medium sized companies, keep people employed, increase liquidity and provide acc...
Apr 13, 2020•25 min
Karim Anani, Financial Accounting and Advisory Partner, and Lukas Hoebarth, Strategy & Operations Partner explain how to manage a remote close in today’s volatile financial and regulatory environment. Visit ey.com to read our latest private equity perspectives. While there has been a growing trend towards remote (or virtual) close for several years, the need for this capability has not only been accelerated but thrust into an volatile environment. Unforeseen complexity due to macroeconomic u...
Apr 03, 2020•28 min
Mike Lo Parrino, EY Americas FSO Private Equity Leader, explores the evolving role of the private equity CFO. Visit ey.com to read our latest private equity perspectives. In the seven years since EY has conducted the Global Private Equity (PE) survey, private equity CFOs have assumed increasing responsibility for the overall operations of their firms. They have expanded their oversight beyond the traditional finance functions to include IT system implementation, investor relations and cybersecur...
Mar 31, 2020•17 min
Andrew Wollaston, Global Private Equity Transactions Leader, and Peter Witte, Global Private Equity Lead Analyst, discuss how PE firms are planning for a potential market correction and the opportunities it might afford. Visit ey.com to read our latest private equity perspectives. While PE-backed companies performed generally well during the GFC, over the last decade, the PE model has evolved in a number of ways that make it even better prepared for future downturns: The industry has more capita...
Mar 11, 2020•26 min
Jackie Kelley, EY Americas IPO Leader discusses IPO readiness for private equity-owned companies. Visit ey.com to read our latest private equity perspectives. An IPO is often a desired exit for private equity-backed companies. Soaring valuations in sectors, such as technology and biotech have led business leaders to choose an IPO to secure both investment and trust from the public market. Companies that choose an IPO must prepare not only for the event itself but also to meet public market share...
Jan 09, 2020•18 min
Charles Honnywill, EY UK&I Divestiture Advisory Services Leader, discusses specific actions PE fund managers can take to prepare for a successful, well-timed exit. Visit ey.com to read our latest private equity perspectives. It can be difficult for PE fund managers to have a comprehensive outside-in perspective when considering the sale of a portfolio company due to what Charles calls a “baggage of ownership”: the inability of a fund manager to adopt the mindset of a likely buyer due to thei...
Jan 09, 2020•20 min
Glenn Engler, EY-Parthenon Global Digital Leader and EY Americas Strategy and Transactions Digital Strategy Leader discusses how and where digital competence can be incorporated into the diligence process and manifested in a PE firm or portfolio company’s business strategy. Visit ey.com to read our latest private equity perspectives. The word “digital” can be interpreted in a multitude of ways, but it’s important for PE firms and CEOs to start with a broad view regardless of industry or competen...
Jan 09, 2020•31 min
