Is your portfolio company ready for prime time?

For many private companies that have been focusing on SPAC and de-SPAC transactions as a tactic for going public, investing in back-office functions has been an afterthought. Unfortunately, this lack of prioritization often increases the likelihood of adverse developments, even years after going public, including regulatory inquiries/investigations, delayed filings, restatements, liquidity issues, and bankruptcy.

Investors and sponsors must be vigilant and ask probing questions to evaluate whether their company is ready for prime time. In this article published by Private Funds CFO, AlixPartners’ Sean Dowd and Marc Landy suggest an approach that organizations can take to prevent costly consequences that come to light a few years after the IPO.

This article originally appeared in Private Funds CFO

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