Craig Armitage’s Post

The view from last year's Practice Management Day's post-event social. Thanks to our partners JanusHenderson Investors in Cherry Creek. Don't miss out this year.  Join us on February 29th, sign up at https://lnkd.in/gpiD-MUw Share our post with your connections! #PracticeManagementDay #FinancialPlanners #CareerScaling  #businessgrowth #WealthManagement #planforsuccess  

At Crimson Jay Executive Search Partners, many of our clients are backed by institutional investors. How valuable is the time of a institutional investor? Well for some, it's $2,500 for 30 minutes. I'm curious if anyone out there has seen this new practice? Link in comments. #privateequity #venturecapital #executivesearch #consulting

What a week it’s been! 🚀 We just wrapped up interviews with six incredible managing partners from some of the top private equity firms out there. Each conversation was a deep dive into the brains behind the big moves in PE, and let us tell you, the insights were gold. From discussing the pulse of the market to uncovering the strategies that keep them ahead, every chat was a masterclass in navigating the complexities of private equity and how firms are finding success in the current market. Stay tuned – We’ll be sharing some key takeaways and maybe even a few behind-the-scenes moments. If you’re as fascinated by the PE world as we are, you won’t want to miss what’s coming! Big shoutout to these leaders for sharing their time and wisdom. Here’s to learning from the best and pushing the industry forward, together. 💼🌟

Deal Sourcing Insights! In my 50th episode of Source Talks, sponsored by Sutton Place Strategies, by Bain & Company, I conduct an extended interview with Jay Jester of Plexus Capital, LLC. Jay is a leader in the art of private equity investing and business development. Here he discusses the most valuable lessons he’s learned over his career, the firm’s collaborative approach to deal sourcing, and an exciting new deal. #privateequity #dealsourcing #dealorigination

⚡ Last week I received shareholder updates from two Avonmore Developments portfolio companies. Good right? No.... ⚡These two companies are consistent in that they only send - always overly positive - shareholder updates when they want to raise more funding or occassionally need some document signing. One of these has been doing this to its original angels investors for 10+ years 🚨 ⚡The CEO of another portfolio company is very active on LinkedIn. I assume from this that the company is doing ok but they haven't written a shareholder update for 3 years even though asked. Investors do notice these things 🤓 ⚡ So if you raise money from external investors, do keep all of them (and not just your board) informed of progress, both good and bad. Quarterly is good, but even once a year will do if you are later-stage. ⚡If nothing else this helps keep track of these investors. For example, in one recent exit the company found that they no longer had up-to-date contact details for a key early shareholder, which then nearly scuppered the deal. ⚡As well as being good business practice, don't let a lack of shareholder comms mean that, at a critical juncture for your business, you get 📻 silence from your investors... #angelinvesting #shareholdercommunications

[LINK IN COMMENTS] In this first entry of their new series, Paul Giannamore and Nick Bartolo dive deep into the world of private equity, focusing on its impact and involvement in the pest control industry. Recorded live, they explore the nuances of private equity, from fund formation to deal structuring, and the strategies used to create value and drive growth. This episode covers: * Introduction to private equity and its relevance to pest control * The lifecycle of a private equity fund * Investment strategies and sourcing deals * The role of recurring revenue and market fragmentation * Value creation through operational improvements and strategic initiatives * Risks and benefits of partnering with private equity firms * Case studies of private equity investments in residential services

One job of a lead investor is to work closely with founders to raise the follow-on round. Over the last 14 years, I’ve helped raise a ton of rounds, and one thing is almost universally true: founders always overestimate the chances of each investor converting. Most walk out of an initial pitch feeling like they have a 33%-50% chance when it’s really 1%-10%.

Tomorrow, July 23 at 3 P.M. ET, NAIC President and CEO Robert L. Greene (Bob) will speak with Tony Lee, Co-Founder and Managing Partner of One Rock Capital Partners, LLC. In this Industry Insights, they will discuss Lee’s career journey, how he's seen the industry evolve over the years, and the opportunities he sees in the current market. In 2010, Lee co-founded One Rock Capital Partners, LLC, a value-oriented, operationally focused firm that seeks control-stake equity investments in middle-market companies. One Rock currently has more than $6 billion in AUM and exhibits a strong culture of diversity. Register to watch the Insights Live: https://lnkd.in/gj_mVBZz #alternativeinvestments #institutionalinvestors #privateequity

We're driven by a simple commitment to founders and CEOs: No surprises. Learn more about how we work together to build an enduring partnership built on respect, honesty, and transparency. Learn More Today: https://lnkd.in/gvTxUfQ

Excited to share with you all that I'm now selling digital products on Topmate I've just listed my newest digital product - Private Equity Basics And I think you'll find it incredibly valuable So do give it a try and let me know what you think? All you have to do is head over to my topmate link and get it. Link in comments