Private-Equity Firms Use ‘War Rooms’ to Help Portfolio Companies Navigate Coronavirus Disruption – The Wall Street Journal

Private-Equity Firms Use ‘War Rooms’ to Help Portfolio Companies Navigate Coronavirus Disruption  The Wall Street Journal

Private-equity firms are pooling their resources to set up crisis-management hubs that can help the companies they already own contend with the wide-ranging effects of the coronavirus pandemic.

It is “kind of a nerve center that is processing all information from all different sources to be a clear voice to all the different portfolio companies,” said Jason Phillips, a partner and private-equity practice leader at consulting firm McKinsey & Co., which advises private-equity firms and the businesses they back on a range…

Source: wsj.com

Next Post

Autonomous Military Vehicles Market Size, Growth Analysis, Opportunities, Trends, Developments and Forecast to 2026 - Curious Desk

Sun Apr 5 , 2020
Autonomous Military Vehicles Market Size, Growth Analysis, Opportunities, Trends, Developments and Forecast to 2026 - Curious Desk