Strong Suit 180: Here's the People Part of Private Equity


When a PE firm invests in a new portfolio company, one of the primary areas of focus is the people part of the business.
Often, the company hasn’t put in place the right (or any!) processes to ensure that it recruits & keeps rockstar talent.
That’s where today’s guest comes in. Mark Rittmanic is CEO of ForteONE, a national consulting firm that specifically works with PE funds & portfolio companies.
Mark started ForteONE in 2000 and its grown to 60 consultants, most of whom are former business executives (CEO, COO, CFO, etc) from a broad range of industries. PE firms deploy them into portfolio companies that need to dramatically improve performance.
And this gives Mark a broad perspective on the people part of PE companies. In this 20-minute episode, he shares his key observations after working with hundreds of PE companies. And the biggest mistakes they make.
 

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