Tom Chinonis

Designing Executive Compensation That Drives Value Creation in PE Portfolio Companies

December 5, 2024 ,

Designing effective executive compensation in private equity portfolio companies requires walking a tightrope. Get it right, and you create powerful alignment between management incentives and value creation goals, driving both operational improvements and successful exits. Get it wrong, and you risk everything from lackluster performance to the loss of key …

Designing Executive Compensation That Drives Value Creation in PE Portfolio CompaniesRead More »

FTC Finalizes Sweeping Changes to Hart-Scott-Rodino Act Pre-Merger Notification Rules

October 21, 2024 ,

On October 10, 2024, the U.S. Federal Trade Commission (FTC) finalized sweeping changes to the Hart-Scott-Rodino Act (HSR) premerger notification rules (“Updated HSR Rules”), introducing substantial changes to disclosure and reporting requirements for transactions. As discussed in our previous analysis of the proposed changes, these Updated HSR Rules significantly increase …

FTC Finalizes Sweeping Changes to Hart-Scott-Rodino Act Pre-Merger Notification RulesRead More »

Townsend Search Group Welcomes Executive Search Veteran R. Coalter Powers

June 23, 2025

Townsend Search Group is pleased to announce R. Coalter Powers has joined our team as a Managing Director. Powers brings over 20 years of experience leading successful search and placement operations for executive and C-Suite engagements across North America.  Coalter has deep knowledge in the biotech, pharmaceutical, life sciences, technology …

Townsend Search Group Welcomes Executive Search Veteran R. Coalter PowersRead More »

Building Momentum: Finding Leaders to Drive PE Portfolio Company Growth

August 16, 2024 , ,

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 »

Has Private Equity Roll-Up Strategy Run its Course?

June 3, 2024 , , ,

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.