Private Equity Group Meeting - LAST MEETING OF YEAR
Tuesday, May 17, 2016
12:00 pm - 2:30 pm
260 Mall Boulevard
King of Prussia, Pa 19406
Achieving Outsized Returns:
How Management Teams and PE Firms Work Together To Obtain High Exit Multiples
Inverness Graham Investments
How do you drive outsized returns for all stakeholders in a private equity platform if 8x to 10x+ is the cost to enter? What should a Management Team focus on to transform a company and build value? How can you be more confident that, upon exit, your multiple will be higher than it was when purchased?
For answers to these questions and others, join us on May 17th to hear Michael Morrissey, Managing Principal of Inverness Graham Investments, share lessons learned about buying, transforming and selling private equity sponsored companies while working closely with management teams. Michael has many stories to tell across three funds and promises to share “the good, the bad and the ugly.” (his words)
About Michael Morrissey
Michael Morrissey is Managing Principal, Head Of Business Development and Member of the Investment Committee at Inverness Graham Investments, which he joined in 2004.
His responsibilities include sourcing and assessing investment opportunities, coordinating financial and operational due diligence, negotiating acquisition and financing transactions and working with management teams post-acquisition. Michael also directs Inverness Graham's business development efforts.
Prior to Inverness, Michael was Vice President of Business Development with Boston-based Audax Group, a $1 billion private equity firm. He also served as a strategy consultant in Bain & Company’s private equity practice. Before joining Bain, Michael was an entrepreneur who raised start-up capital and co-founded a multi-location consumer products manufacturer. Prior to the start-up, he operated and sold a hardware products business.
Michael earned his BA in Economics and MBA in Finance at the University of Pennsylvania, Wharton School of Business.
About Inverness Graham Investments
Headquartered in Newtown Square, PA, Inverness Graham is an operationally focused private investment firm with over $500 million of assets under management. Inverness Graham acquires high growth, innovative manufacturing, technology and services companies.
Founded by senior executives of the Graham Group, a family owned multi-national industrial concern, Inverness brings unparalleled resources developed over a 50 year operating history to support its’ portfolio companies. Current portfolio companies include Kalkomey, Identity Finder, Mesker, Global ID, DataSource and SmartFlow Technologies. Inverness Graham has also exited more than a dozen companies. Much more on Michael Morrissey and Inverness Graham Investments at www.invernessgraham.com>.
Members are encouraged to register for this meeting, our last of the year. Monthly meetings begin again in September.
Members - $35
Registration is open to Private Equity & Power Breakfast Subgroup Members Only.