Click here to subscribe to Axial Radar.
Happy Friday and welcome to another edition of Axial Radar!
Private equity professionals have long worn their excel skills as a badge of honor. Many a meme have been created (personal favorite here 👉) to poke fun at how reliant finance in general has become on spreadsheets.
While excel will always be a powerful tool for static data analysis, it’s time for PE to take a page out of the hedge fund playbook. Alternative and unstructured data sets, ranging from satellite-derived parking lot occupancy to social media sentiment, can give private M&A practitioners a leg up both before and after the deal. Head over to this week’s featured Industry Trends article to read some of the compelling arguments for why PE should invest in data science capabilities.
Just a heads up – we’ll be taking a week off from Radar next Friday for some turkey filled r&r. Happy early Thanksgiving – we’re thankful for your readership!
Our featured buy-side members this week include a credit-focused investment firm with over $13B of AUM, a global CRO, and a private investment firm founded by a former BCG and Bain Capital alumni. On the sell-side we’ll introduce you to a leading Houston-based business advisory firm and New York-based investment bank.
Click here to follow Axial on LinkedIn and stay up to date on the latest trends in the world of Lower Middle Market deal making.