
What Is a Portfolio Company?
A business owned by a fund rather than a founder or a corporate parent. Who actually owns a portfolio company, how it differs from a subsidiary, and what changes on the day the deal closes.
Topic
5 articles tagged “Private Equity”.

A business owned by a fund rather than a founder or a corporate parent. Who actually owns a portfolio company, how it differs from a subsidiary, and what changes on the day the deal closes.

The document that bridges the price a fund paid to the value it plans to sell at. What goes in a value creation plan, who owns it, when it gets written, and the ways they quietly fail.

The operator the fund sends to make the deal perform. What operating partners actually do, how they differ from deal partners, how they get paid, and what it means for a portfolio company when one shows up.
The right answer is almost never pure build or pure buy. It is a hybrid, and the way you draw the line determines whether your platform survives an OFAC audit and whether the vendor bill stops eating your budget.
How PE operating partners should think about technology as a value-creation lever. What to read in diligence, what to do in the first 100 days, what to leave alone during hold, and what to fix before exit.