To PE or Not to PE: What Every Advisor Should Know About Private Equity Offers (Ep. 35)

Private equity is no longer just for billion-dollar firms. PE-backed aggregators are moving downstream, and advisors with $150M to $500M in AUM are getting unsolicited offers. But are these deals as good as the headlines suggest?In this episode of The Fine Print, David Grau Jr. and Kristen Grau break down what advisors need to know before entertaining a PE-backed offer -- from understanding deal structure to knowing whether your firm is actually the right fit.Topics covered:•      The difference between direct PE investment and PE-backed aggregators•      Why the definition of a "seller" is shifting to advisors aged 50 to 70•      How stay-on requirements and growth targets change the deal calculus•      What financial normalization means -- and why it can shrink your effective multiple•      The recurring vs. non-recurring revenue debate in PE negotiations•      How to get your P&L in order before going to market•      Why time kills deals and what to do when an offer lands on your desk•      Best price vs. best terms: you rarely get both