What does a Chairman look for in a private equity backer? Following an in-depth survey conducted with 240 PE-experienced Chairmen and 30 PE investors, we have drafted a number of short reports on the role of the PE Chairman covering the draw, the required skill set, the opportunities and the challenges.
For this report – Part 4 – we asked our surveyed Chairmen what they look for in a PE backer. Their responses fell into several categories:
- Engagement
- Shared alignment
- Knowledge & understanding
- Flexibility in approach
- Decisiveness
- Respect for the long term interests of the business
- Financial support
- A value-add network