Richard worked with Town Sports International (NYSC) for 20+ years as the CFO and a Founding Partner. Starting with $5M in revenue and eventually growing to 160 clubs and $500M in revenue to an IPO. "You have to be prepared for everything to go not according to plan!" he states. In this highly in-depth discussion, Richard spotlights a variety of questions that you need to consider when evaluating a private equity investment. Bringing on a PE partner is arguably the most important decision a business owner will ever make. This podcast is a must listen for anyone considering this particular path.
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