Is Planning Dead?
Finance leaders all over the globe are struggling to amend their corporate planning process in the midst of a world that has turned upside down.
The Power of Empowering
With the new normal of “working from home” in South Africa, arriving in the light of Covid 19, many organisations are being forced to transition from being an input-based time watchdog to an output-based productivity matron.
A CFO’s Life in Private Equity – Part V - Experience the Bolt-on Ride
Bolt-ons are great way to increase the value of a platform company. Often a bolt-on company can be purchased for an EBITDA multiple lower than the platform company and with the right integration and value added activities, realize the uptick in EBITDA multiple from the platform company upon sale.
A CFO’s Life in Private Equity – Part IV - Onboarding And Getting Used to a New Dance Partner
All private equity firms are in the business of generating a return with someone else’s money. The ultimate metric of that is ROIC and there is a lot of research shows that it is linked to long term value[1]. While most finance people know it is Net income / Net Assets, what makes up that metric is viewed quite differently by the private equity firm compared to the previous owners of your company. Here are the major items that you need to navigate as the finance leader in your organization.
A CFO’s Life in Private Equity – Part III - Survive The Transition
There is no rest for the weary, or at least for the finance chief in the midst of a transaction with a private equity group. Now that you know the ground rules of private equity and have learned how to get your financial house in order the fun(d) is just getting started. In Part III Kevin describes the preparation required for and the art of negotiating. Enjoy Part III with Kevin.
