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Heuristics in Private Equity

Private Equity Funcast

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The Advantages of Hiring a Hired Gun

The team that got you there, I mean, they know the business intimately. And with a little bit of training and development, you can get a lot out of the people who are already there. The other thing that was written in your talking around it here very, very well is how you develop a cultural fit between the private equity and the management team going forward. Does that exist? Can it exist? And how do you put it in place? You're buying things for eight, nine, ten times even though you don't have time to do a redo on the management team or hit your goals.

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