The private equity industry is no stranger to the growing demand for digital transformation. In order to best leverage their investments, private equity firms should make strategic improvements to the companies they invest in. Of all the possible organizational and operational changes, digitalization has risen to the forefront of the private equity industry as a recognized asset. Personally, I have had the opportunity to participate on both sides: as an advisor to private equity firms taking on investments that required significant transformation efforts, and as a vendor participating in and leading this effort.
While private equity investors are savvy at identifying companies with potential for future profits, actually implementing digital transformation often requires skilled development teams who are able to help investors meet their goals. Continue reading this article, originally published on Forbes, for more on private equity funded software development projects and best practices for picking the right vendor.