An analysis of BluWave’s propriety data reveals that having a portfolio company stakeholder present during the project scoping and service provider-selection process meaningfully increases the likelihood of a private equity firm’s project moving forward. It also improves overall satisfaction with outcomes.
More Likely To Proceed
BluWave’s analysis of more than 1,500 private equity firm projects shows an 80 percent increase in the likelihood of a portfolio company moving forward with the PE firm’s desired initiative.
This data indicates that a portfolio company is twice as likely to align with the private equity firm’s objectives if a portco decision-maker is involved during the project’s scoping and service provider-selection process. This holds true across industries, company sizes and service types.
Better Outcomes
The 80 percent overall increase in project progression also leads to better and more satisfying outcomes for both the private equity firm and portfolio company.
In post-engagement surveys, overall satisfaction rates also increased by 5 percent when a portco contact was involved in the project scoping and service provider-selection process. This increase in satisfaction is based on overall project rating scores capture by BluWave.
Set up a scoping call with our research and operations team – and make sure to invite your key portfolio company stakeholders – and they’ll provide a short list of exact-fit resources within 24 hours.