This book is a practical guide for private equity investors. It sets out
a framework for understanding, assessing and managing the risks
associated with senior management during the due diligence process of an
acquisition. This provides an essential input into the wider due
diligence review and a sound basis for managing the investment after the
deal has been done so as to maximise the chances of a successful exit.
The book comes at a time of significant growth in the field of private
equity. In the UK over 3 million people (around 18% of all private
sector employees) now work for private equity backed companies. It is
estimated that European funds currently have somewhere between #200 and
#300 billion to invest over the next few years. In the US, the whole
issue of private equity due diligence is much more advanced but it is
still likely that due diligence will remain a significant issue for
private equity investors for the foreseeable future.