A detailed look at risk identification and value creation in private
equity investment
Equity Value Enhancement ("EVE"): Governance, Risk, Relationships &
Knowledge ("GRRK") provides the information and tools practitioners and
business owners need to work with the multitude of intangibles ("GRRK")
in equity investment decisions. The author engages readers with an
insightful and brief claim: "Values are more than numbers." He then
provides support for just how important human capital is to the value
creation paradox. He doesn't stop there because ideas without definitive
actions don't promote transformation. He further challenges the reader
with: "If you don't think outside of the box, you're doomed to live in
the box."
A user-friendly manual chock full of vignettes, suggestions and pithy
commentary EVE is a must read for owners, officers, boards and advisors
to derive understanding of business value drivers. This book teaches the
reader how to conduct more intangible asset due diligence as well as
what decisions and behaviors impact value. With more effective methods
of risk identification, measurement, management, and mitigation
("IMMM"), trusted advisors and owners can establish a "working on the
business" strategy to prioritize issues impacting a company's intangible
assets - assets which almost inevitably create the largest component of
value in flourishing companies. This focus also serves to reduce risk
while leveraging human capital and operational effectiveness. This book
challenges users of value enhancement and valuation services to demand
greater intellectual rigor to best serve owners/investors of the United
States' economic engine--the midmarket company. Therefore, readers are
challenged to look beyond the common metrics and numbers. They are
admonished to rely less on formulaic approaches and on software that can
generate spurious opinions. The reader is called to action by the
author, a US Marine Combat Officer veteran, to lead the change: "You
burn the boats if you want to be sure you succeed taking the island."
Trillions of dollars of private equity are changing hands as Baby Boomer
owners and investors seek greater liquidity and legacies while investors
seek higher returns from direct investment in private companies. This
book provides risk and human capital guidance removing some of the
guesswork on valuation and value creation.
- Provide better evidence of value & equity discounts
- Identify and quantify risk and provide tools to manage it
- Inform better business management and investment decisions
- Create a more comprehensive valuation for equity investments
- Roadmap and strategy for enhancement of going concern value
Governance, Risk and Compliance ("GRC") management are hot topics in
today's economic environment. The familiar financial metrics may not be
providing adequate indications of value creation - the core principle of
most shareholder investment expectation. To identify risk and work with
it effectively, practitioners need an in-depth understanding of the
forces at play. Equity Value Enhancement is a detailed, insightful
guide for making better equity decisions.
Finally, the author puts his passion front and center by offering the
reader the opportunity to invest in the human capital this book
addresses by encouraging support of military veteran's with combat PTSD
so they may be productive citizens with the leadership and business
skills provided by our country's "Greatest Generation."
