Financial Systems: The Good, The Bad, and The Ugly
While there is no one-size-fits-all financial system for the PE-backed universe, there is a four-step roadmap that portfolio company CFOs can employ.
PE Firms Team Up to Buy Athenahealth for $5B
After a strategic review, healthcare IT firm Athenahealth agrees to become part of Veritas Capital's Virence Health unit.
Newell Continues ‘Accelerated Transformation’
The struggling consumer products firm agrees to sell its Pure Fishing and Jostens units as part of its turnaround effort.
Fiat Sells Auto Parts Unit to Calsonic for $7.1B
The deal will "create a competitive automotive supplier which is extremely well placed among the global Top Ten.”
Arby’s Owner Beefs up With $1.5B Sonic Buy
Sonic is America's largest drive-in chain but has been facing intense pricing competition from bigger fast-food rivals.
A CFO’s Guide to Preparing for a Sale
A cohesive narrative will build credibility during the due diligence process and save CFOs from spending valuable time producing one-off analyses.
Carlyle Makes Insurance Move With Sedgwick Buy
In a $6 billion deal, the private-equity firm will replace KKR as the majority owner of Sedgwick, the largest U.S. insurance claims service provider.
One CFO’s Road to a New Career in Fintech
For Tipalti's new finance chief, successful experiences in consulting and private equity led to her entry into one of today's most dynamic industries.
Blackstone Invests in Outsourcing Startup TaskUs
The $250 million investment comes amid "massive consolidation" in the business process outsourcing industry.
Dun & Bradstreet to Be Sold to PE Group for $5B
Buyers including former Blackstone dealmaker Chinh Chu will take the company private after 177 years of independence.
Five Keys to Succeeding as CFO of a PE-Backed Company
Above all, a CFO has to provide the financial sponsor with an ongoing and accurate window into the company’s performance.