How to Choose the Right Private Equity Firm for Your Business

You want to ask the banker, are these people heavily involved in their companies? How many investments have they made like this investment? If it's a family selling it to a private reform, are they done those types of deals before? Are they only bought from other private equity firms? You know, those are the kinds of things you'd want to know. Do they bid high and cut prices? Do they bid low and move up? Are they aggressive in a process? Do they do a ton of diligence? Are they pretty light on the diligence? Do they outsource all their diligence? Or do they do it in-house?