We frequently work with companies who are using business systems that no longer support their growing requirements. Many of these companies are at or past the point where they should be considering upgrading to a more robust solution. But how can you tell whether it is time to make the move? Before we examine the… Read More
We’re pleased to share this interview, hosted by Eric Kimberling with our own Mike Bestvina, covering what executives and private equity firms need to know to transform their IT functions and manage digital transformation within high-growth organizations. Watch on YouTube Topics include: About Renna Partners (2:55) Biggest challenges in IT when scaling for growth (6:35)… Read More
The idea that for a company to be successful, it must take advantage of bleeding-edge technology isn’t necessarily wrong. But it also isn’t necessarily right. There are advantages and disadvantages to using bleeding-edge technology that you have to understand, and there is no one right answer to the question of whether you should use it… Read More
For a private equity firm going through due diligence to invest in a new company, the opportunity to leverage technology in a more meaningful way often comes up. Understanding what can be done from a digital transformation perspective that will drive competitive advantage is the key but is often challenging to figure out. It’s somewhat… Read More
Most organizations understand the urgency for digital transformation. Whether it’s responding to changing customer expectations, adopting new business models, automating operations to improve efficiency, or reducing security and compliance risks, business as usual isn’t enough. For a private equity firm acquiring a new company, fully understanding the impact of digital transformation in terms of cost… Read More
Alex Agran’s Private Equity Technology Podcast is on every "best podcasts" lists for PE investors. On the latest episode two of our partners, Mike Bestvina and Sean Lyons, discuss trends in technical and digital diligence, nuances of assessing IT operations, looking at technology through a strategic lens, and more. Listen now on your preferred podcast… Read More
Mid-market companies look to private equity for a number of reasons. In some cases, the founders want to exit and achieve a liquidity event. Other times, it’s to infuse capital into the company to enable continued growth when they know they are unable to raise funds or have hit a plateau of where they can… Read More
Renna Partners recently completed a diligence engagement with a company hacked multiple times within a two-year window. Most of the time, it was through lower-level employees without financial impact. However, when their CFO’s email was hacked, the company was taken for over $100,000 in fake invoices. This story is not unique. It’s fast becoming a… Read More
Low-code platforms are quickly becoming popular because they provide the ability to get an application up and running fast. For mid-market private equity firms looking to invest in a company that offers an application built on a low-code platform, there are a number of important things to consider before they decide to invest. In our… Read More
Cyberattacks are increasing every year and organizations of all sizes and types are falling victim to attacks. Ransomware attacks represent one kind of cyberattack that is affecting mid-market companies across industries. The problem is, many of these companies don’t fully understand the impact of a ransomware attack. What is Ransomware? Ransomware is a type of… Read More