Les Cheek, Head of Global Financial Sponsors Group at Baird Global Investment Banking, spoke with The Middle Market about key value drivers towards an exit, as showcased in the firm’s recent Best Exits Report.

“Every situation or almost every situation is separate unto itself,” says Cheek. “The strategy around how you’re going to exit; how you’re going to position the company; what the breadth of the buyer universe is; all those things I think are considered afresh at every exit.”

The Best Exit report outlines the drivers of the best private equity exits of the past 18 months. Baird’s Global Investment Banking business partnered with H/Advisors Cicero to interview nearly 100 senior PE professionals across key geographies and explore their best exits between Q1 2021 and Q3 2022, looking closely at the contributing factors that made those exits so successful.

Subscribers can read the full story from The Middle Market here.