Association of Private Equity-backed Executives (AoPEX)

Thanks, Eric Partaker. Great reminder as the activity is picking up again. You always have good ones. #leadershipdevelopment

As the weekend is coming, recommend this wonderful and inspirational book from Brad Jacobs: 📕 How to make a few Billion Dollars, which outlines his playbook for creating outsized shareholder value. 📕 Brad Jacobs is a career CEO and serial entrepreneur with a unique track record as a Wall Street moneymaker. He has founded and led seven billion-dollar or multibillion-dollar companies, creating tens of billions of dollars of value for shareholders across multiple industries. This includes five publicly traded corporations: United Waste Systems, United Rentals, XPO, and XPO’s two spin-offs, GXO Logistics and RXO. Currently, he serves as chairman of the board of XPO, GXO, and RXO, and as managing partner of Jacobs Private Equity. He recently announced his plan to create QXO, Inc. and enter the building products distribution industry—an industry with approximately $800 billion in annual revenue between North America and Europe. QXO’s strategy is to create a tech-forward leader in building products distribution through accretive M&A and organic growth, including greenfield openings. Jacobs will become chairman and CEO upon closing a previously announced $1 billion cash investment into SilverSun Technologies, Inc. His goal with QXO, as with all his ventures, is to generate outsized value for stockholders. He hires exceptionally talented people who think big and are committed to achieving remarkable results. His teams and he have completed about 500 M&A transactions across multiple industries, and he has raised approximately $30 billion of debt and equity capital, including three IPOs. In the supply chain industry, Jacobs grew XPO into a top ten global logistics provider, and then completed a $7 billion spin-off of GXO Logistics and a $5 billion spin-off of RXO, creating two new public companies in about 15 months. XPO was the seventh best-performing stock of the last decade in the Fortune 500 and became a "32-bagger" — initial investors in XPO made more than 32 times their money. Prior to XPO, he founded United Rentals and United Waste Systems. United Rentals was built into the largest construction equipment rental company in the world in 13 months. It was the sixth best-performing Fortune 500 stock of the last decade, becoming more than a “150-bagger” — the share price at inception was $3.50 and its stock now trades at well more than 150 times that price. United Waste’s stock outperformed the S&P 500 by 5.6 times from the time he took the company public to the time it was sold for $2.5 billion. To no surprise, he has his own family office and private equity firm making investments. You can get the book here: https://amzn.to/4dXjDmr And here is a recent interview from Barrons: https://lnkd.in/e7jyuDC5 #valuecreation #howtomakeafewbilliondollars #inspiration

🔥 Job Alert: CFO/Finance 🔥 For those looking for CFO or Finance Director roles at PE-backed companies, see Camino's search mandates below. They are European but include a remote role. And if you are not based in Europe (or London) already, maybe that's the adventure you are looking for. Good luck! #cfo #privateequity #jobalert

If you are looking for your next great PE partner, HEC's ranking for small-cap funds doesn't give the full picture, but it is a helpful component. 🚀1. Renovus Capital Partners 🚀2. Clarion Capital Partners 🚀3. GMT Communications Partners 🚀4. Falfurrias Management Partners 🚀5. McCarthy Capital 6. Gauge Capital 7. Carousel Capital 8. VIA equity 9. Frontenac 10. Kedma Capital Private Equity 11. Trinity Hunt Partners 12. Palm Beach Capital 13. Synova 14. Goldner Hawn 15. Key Capital Partners LLP (Key) 16. DBAY Advisors 17. Main Capital Partners 18. Maxburg Capital Partners 19. WindRose Health Investors 20. Imperial Capital Group Australia Tell us with whom you had a great experience! #privateequity #valuecreation

Are you part of the Exit Club? Did you have one or more great runs? #privateequity #valuecreation #aopex

If you are looking for your next great PE partner, HEC's ranking for small-cap funds doesn't give the full picture, but it is a helpful component. 🚀1. Renovus Capital Partners 🚀2. Clarion Capital Partners 🚀3. GMT Communications Partners 🚀4. Falfurrias Management Partners 🚀5. McCarthy Capital 6. Gauge Capital 7. Carousel Capital 8. VIA equity 9. Frontenac 10. Kedma Capital Private Equity 11. Trinity Hunt Partners 12. Palm Beach Capital 13. Synova 14. Goldner Hawn 15. Key Capital Partners LLP (Key) 16. DBAY Advisors 17. Main Capital Partners 18. Maxburg Capital Partners 19. WindRose Health Investors 20. Imperial Capital Group Australia Tell us with whom you had a great experience! #privateequity #valuecreation

Unlocking Value: Five Best Practices for Private Equity Add-On Integrations Private equity (PE) firms increasingly adopt the "buy and build" strategy, with add-on transactions rising significantly. However, poor integrations can turn promising deals into slow-growing burdens, eroding investor returns. Successful integration requires structured approaches and expertise. Below is McKinsey's take on how to be succesful: Key Principles for Successful Integration 📌 Integration Value Integration often fails due to management teams lacking merger expertise. Successful integrations need fast decision-making and efficient operations, beyond usual business pace. 📌 Broader, Faster Action Post-acquisition, integrators should aggressively pursue cost reductions and productivity shifts, like professionalizing sales forces and adopting agile techniques, to accelerate growth beyond initial estimates. 📌 Division of Labor The PE firm identifies synergies and risks, installs the best management, and monitors performance. The portfolio company focuses on operationalizing the merger and ensuring smooth stakeholder transitions. 📌 Experienced Professionals Including individuals with integration experience in operating teams or boards ensures shared lessons and fully realized synergies, benefiting lean leadership teams or those with substantial M&A activity. Best Practices for Effective Integrations 🎯 Align Goals Ensure a shared mission focused on the deal's full potential. Misalignment can lead to lost momentum and talent attrition. Commit to ambitious targets and broaden perspectives on synergies. 🏃♂️ Accelerate Decision Making Prioritize integration planning during deal-making. Invest time pre-deal in tailoring an integration approach and establishing a fast decision-making program, identifying critical decisions early. 📈 Ensure Rigor Establish a financial and operational baseline post-deal for accurate synergy tracking. Set quantified targets, insist on detailed planning, and prioritize execution through value-capture summits. 👨💻 Secure Talent Retain key leadership and critical, high-potential, and value-creating talent. A few roles in smaller companies can significantly impact economic value. 👏 Appreciate Culture Align cultural practices to avoid friction and decreased productivity. Assess cultural risks early to ensure a unified, productive integration. 📌Conclusion Adhering to these principles and practices enhances integration success, driving ROI and making M&A integration a key pillar of portfolio strategy for sustained growth. #privateequity #valuecreation #mergerandacquisitions

3 of 3: Based on your feedback, we are considering preparing a program for those of you who want to secure a new or your first leadership role in a private-equity-backed company. What are you looking for? What would be most beneficial for you? Feel free to comment if we missed something. Please also reply to the other polls (LinkedIn only allows four options) #privateequity #career #pebackedexecutives

2 of 3: Based on your feedback, we are considering preparing a program for those of you who want to secure a new or your first leadership role in a private-equity-backed company. What are you looking for? What would be most beneficial for you? Feel free to comment if we missed something. Please also reply to the other polls (LinkedIn only allows four options) #privateequity #career #pebackedexecutives

1 of 3: Based on your feedback, we are considering preparing a program for those of you who want to secure a new or your first leadership role in a private-equity-backed company. What are you looking for? What would be most beneficial for you? Feel free to comment if we missed something. Please also reply to the other polls (LinkedIn only allows four options) #privateequity #career #pebackedexecutives