This is a can’t miss episode for listeners who want to understand the ins and outs of private equity in construction.
Gregory Gorman, senior consultant at Ascent Consulting, kicks off the discussion by breaking down the difference between private equity and direct investment. The team discusses the various considerations when a construction company is looking to be bought out by a private equity firm. They clearly explain the “due diligence” phase of such a buyout, and factors like ownership staying on, or exiting as part of the buyout. CEO Adam Cooper explains how Ascent Consulting has been brought into the “due diligence” phase at times to help assess how a company is operating and the viability of its systems after a buyout.
Gregory provides additional insight into how private equity firms assess opportunities to scale a construction company and make a return on their investment. And together the hosts share several examples of private equity buyouts.