The Importance of Verification in Private Equity Deals

If you sat in on some of the meetings, you might be bored to death. We would get all of the information from companies that we were looking at and dive deep, deep down. An analogy that a lot of people would use is kind of like a house inspection or having somebody check out a house before you finalize buying it. A lender will not give you any money, won't lend you any money unless you have this report from you.