In companies backed by private equity, the CFO is often hired to enhance the finance function’s professionalism. That can mean better reporting, stronger controls, cleaner forecasting, more disciplined processes, and, in many cases, a major systems upgrade. For founder-led or family-owned businesses taking on institutional capital for the first time, …
Change Management: The CFO Skill That Makes Transformation WorkRead More »
Executives who have spent most of their careers in public or privately held companies often think they know what it will feel like to run a private equity–backed business. The fundamentals are familiar: strategy, people, execution. But leading in a PE-backed company feels different. The pace is faster, the expectations …
The modern C-suite has expanded dramatically. According to new research from SHRM and the Burning Glass Institute, executive teams have grown by 160% since 1990. Large organizations now employ a wide range of specialized leaders, from chief revenue officers to chief wellness officers and beyond, to keep pace with business …
Designing the Right C-Suite for Lower Middle Market CompaniesRead More »
For decades now, Townsend Search Group has been obsessing over the specific nuances, organizational structures and executive characteristics distinguishing middle market private equity companies from their founder—and family-owned counterparts.
