Mark Thierfelder’s Post

While we have seen a substantial flow of CEO talent into private equity, the reality is that CEO academy companies create a fundamental imbalance between producing and allocating CEO talent. Such imbalance inescapably results from the companies' talent density, high-potential ratios, and structure (spans of control and layers). A recent analysis by Russell Reynolds Associates showed that the top 14 CEO academy companies (Goldman Sachs, PepsiCo, Danaher, and others) produced 200+ of the S&P1500 CEOs at the time. Perhaps another reason behind the public-private migration is that the number of publicly-traded companies has shrunk by 45-55% in the last 20 years, while the number of PE-backed portfolio companies has increased by 10-20X in the same period.

We held our first-ever KPMG US Tech M&A Conference a couple of weeks ago in Menlo Park. During the event, I had the privilege of engaging in a captivating fireside chat with John Chambers, CEO of JC2 Ventures, who offered invaluable #insights worth sharing. One key takeaway from our conversation was the importance of processes over bureaucracy. John stressed that having the right #playbook and processes can make all the difference in executing deals quickly and efficiently. He emphasized the vital role of a positive company #culture in building connections and navigating the complexities of M&A. Cultivating such a culture is essential for executive-level strategies driving business transformation through inorganic #growth and M&A. It was an enlightening conversation, and I'm excited to continue sharing insights and knowledge from events like these. Stay tuned for more updates on future conferences and discussions. #KPMGDealAdvisory #TechMandA #LeadershipInsights #BusinessTransformation #Efficiency #Innovation

That's a wrap for this year's STEP Project Global Consortium (#SPGC) Global Family Business Summit. #KPMG Private Enterprise was inspired by the discussions we had with family business leaders and academics who are leading #change and driving #innovation. Discover the key takeaways here: https://social.kpmg/pfvuxm

The need for business to actively create a sustainable future is one of the greatest imperatives of our time, and the time for us to create that future is now. That's why DLA Piper is the global law firm that's making business better.

Ever wonder what sets corporate development and private equity apart? Corporate development and private equity may both involve deal-making and strategic thinking, but they have their unique approaches, priorities, and goals. Getting a clear picture of these distinctions is key in making the right career move, says Joe Metzger, Managing Director at 777 Partners. Learn more about it in the images below. #mascience #mergersandacquisitions #privateequity #corporatedevelopment

CRO Becomes Employee Owned   On 18th August 2023, our shareholders transferred 100% of their shares into an Employee Ownership Trust making us fully employee owned. Phil Vibrans and Sam Lloyd, as outgoing shareholders, will continue to work in the business for the foreseeable future and will remain Board Directors, with no changes to our operational or management structure. Having recently celebrated 30 years in business, we are very excited about the opportunities this brings for our team and for the business itself. Evidence from companies who have already transitioned to employee ownership indicates greatly improved motivation and excellence that comes from employees having a financial stake in the business, and we see a very bright future for everyone involved. As an employee-owned business, our team will now benefit directly from the success of the company, creating new culture of engagement and collaboration. Most importantly for our clients, the future of the company is now secure, and all can be assured that the highest levels of customer service will continue for many years to come. #eot #employeeownership #companyformation #companysecretarial For further information, read our blog: https://lnkd.in/e8_zrD-U

CRO Becomes Employee Owned   On 18th August 2023, our shareholders transferred 100% of their shares into an Employee Ownership Trust making us fully employee owned. Phil Vibrans and Sam Lloyd, as outgoing shareholders, will continue to work in the business for the foreseeable future and will remain Board Directors, with no changes to our operational or management structure. Having recently celebrated 30 years in business, we are very excited about the opportunities this brings for our team and for the business itself. Evidence from companies who have already transitioned to employee ownership indicates greatly improved motivation and excellence that comes from employees having a financial stake in the business, and we see a very bright future for everyone involved. As an employee-owned business, our team will now benefit directly from the success of the company, creating new culture of engagement and collaboration. Most importantly for our clients, the future of the company is now secure, and all can be assured that the highest levels of customer service will continue for many years to come. #eot #employeeownership #companyformation #companysecretarial For further information, read our blog: https://lnkd.in/e8_zrD-U

As #PE firms navigate today’s uncertain world, they and their portfolio companies need to not only use tech to cut costs and improve efficiencies, but also to power top line growth. #digitaltranformation #PE #technology #ey #buildingabetterworkingworld Keith Stirton Tim Hillier Priya Saira Mistry James Fowler Alan Duncan Lauren McKinlay Oshin  

For 2024, and likely well into 2025, PE and VC will be taking a much closer look at how the leadership teams of emerging companies control costs. As an example, coming out of last month’s J.P. Morgan Healthcare Conference, analysts suggested that young life sciences companies, “... may have to be constructed differently, with more tightly controlled spending. Leaner, with smaller staffs and more outsourced functions.” So, when it comes to the high cost of bringing in talent (salary, benefits and taxes), now may be the right time to consider renting vs. owning some of the expertise you need.   To that end, many life sciences companies — especially those in the pre-revenue and early-revenue stages — rely on Verve Group Consulting for privacy, compliance and regulatory expertise on an as-needed basis. For some clients, we design, deliver and support privacy, compliance and regulatory programs - from scratch - that are budget-friendly, fit-for-purpose and built to mature as the company grows. For clients that already have a privacy, compliance or regulatory framework, we add hit-the-ground-running (and still budget-friendly) expertise to help meet deadlines. On a holistic level, it’s important to note that Verve Group Consulting was created by entrepreneurs…for entrepreneurs. We provide big-company expertise on terms that make sense for younger companies. Clients control everything: budgets, turnaround time, deliverables, dial up/dial down support and everything in between. And, we wouldn’t have it any other way. So, if your entrepreneurial company needs privacy, compliance or regulatory support, then call Larry Samilow, co-founder of Verve Group Consulting, at 908-884-0379 or email him at lsamilow@vervegroupconsulting.com. #ceomindset #founderinsights #drugdevelopment #budgetfriendly #dataprivacy #compliancesolutions #regulatory

We are pleased today to release “The Influence of Private Equity on America’s Fastest-Growing Companies” report. This analysis reveals that the private equity industry has played an outsized role in the growth and development of the 2023 Inc. 5000 Fastest Growing Companies awardees. Private equity-backed Inc. 5000 companies (representing 11% of the list) have added more than 800,000 jobs over the past three years (representing 64% of the jobs added by these companies). HCI Equity Partners is one example of a PE firm with portfolio companies on the list - with four of theirs making the 2023 Inc. 5000. “…HCI has added value across multiple areas of our organization. In addition to providing access to capital and strategic support, the operational engagement they provide helps us deliver transformational initiatives successfully and accelerate our growth.” Says Scott Milberg, CEO of AmerCareRoyal, one of HCI’s portcos on the list. You can learn more about the influence of #privateequity on America’s fastest-growing companies by downloading the report at the link in the comments below.