One of the ways for a business to thrive and develop is to be backed by Private Equity. The areas which Private Equity targets are quite wide but very often it invests in the IT-related industries or directly into technologies developed by the companies from various sectors. Considering how well IT stands throughout the pandemics and how COVID accelerated the need for the digital transformation it seems that such a trend will only continue to gain grounds.
However, every owner should bear in mind that an investor usually has lots to say in terms of the technologies they invest in and quite often may impose certain solutions on the company. It is therefore essential to consider how the relation PE – owner could look like, on the one hand, from the point of view of an investor, and on the other hand, of an owner. It is crucial to understand that to make it all work and bring tangible benefits.
Today we will discuss with James Prebble how Private Equity approaches IT in their investments.