What type of work is done in the Private Equity Group (PEG)?
Our PE dedicated teams primarily assist PE firms with strategic due diligence. The work we do with portfolio companies post-acquisition is typically handled by our general practice teams – the nature of such work is not significantly different from our strategy and performance improvement work. Our PE dedicated teams also work with PE firms on developing fund strategies, screening sectors and companies to invest in and planning exits (including IPOs). Due diligence cases are approximately 3-6 weeks in duration (versus 3-6 months for a typical Bain case). The staffing approach is also different due to the intensity and shorter duration of PEG assignments: consultants are typically staffed to our dedicated PE teams for a six month rotation.
