Back in the nineties, when private equity was very much a cottage industry founded by entrepreneurs, there wasn’t much thought given to leadership transitions.
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“There frankly wasn’t a lot of precedent for how to turn over a private equity firm to a next generational leadership,” says Brian Regan, head of the Healthcare Group at Welsh, Carson, Anderson & Stowe (WCAS).
Welsh Carson has now gone through three leadership transitions in its 45-year history, and not only do they have hard-won insights from…
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