The Private Equity Playbook

This chapter explores the strategic frameworks used by private equity firms for roll-ups, emphasizing the significance of industry fragmentation and lower acquisition costs. It covers growth strategies post-acquisition, detailing how firms generate returns through optimizing pricing, enhancing operational efficiencies, and expanding product offerings. Additionally, it contrasts private equity with public mutual funds, illustrating the dynamics of capital raising, investment cycles, and the anticipated returns that attract institutional investors.