Best Practice Briefs Diligence Matters CDD Best Practices for Principal Investors

Uncovering a Platform Play

By Mark Stein

The common case: The target asset (i.e., the target company) has a demonstrated track record of running a good business, enjoys healthy margins and some nice growth. The research indicates that drivers of demand are strong and sustainable. But the diligence also surfaces the fact that none of the providers, including the target company, have a materially differentiated solution – and the market…