The modern CFO wears many hats — including strategic partner, technology advocate and value creation specialist. This ongoing expansion of the CFO role impacts how companies approach CFO recruitment and hiring decisions. At Townsend Search Group, we work with many businesses, including private equity portfolio companies, to help them identify, …
Bain & Company recently released an analysis titled “Searching for Momentum: Private Equity Midyear Report 2024” (the “Report”). Here’s how Bain frames its findings: “The industry appears to have finally found its footing. Now comes the hard part.” Among the many challenges that constitute this “hard part,” one stands out …
Building Momentum: Finding Leaders to Drive PE Portfolio Company GrowthRead More »
Family businesses are the backbone of the American economy. But as they grow, unique challenges arise. At Townsend Search Group, we’ve worked with many family-owned businesses to recruit new C-suite leaders as they ponder how to take things to the next level, particularly when the business requires greater financial acumen. …
On January 5, 2023, the Federal Trade Commission (FTC) proposed a new rule that would ban post-termination non-compete clauses and require employers to rescind existing ones. The FTC argues that non-compete clauses — which impede an individual’s ability to enter into or start a similar profession or trade — stifle worker mobility and wage growth. The ruling would essentially render existing and future agreements non-enforceable, subject to a narrow exception for owners or partners of a business.
The private equity landscape is undergoing a significant transformation—whether it’s a temporary or enduring one is yet to be seen. As the industry continues to grapple with a slowdown in M&A activity, firms are adapting their strategies to remain competitive. There’s a great deal of discussion about how the traditional …
