How do private equity firms interact with portfolio companies? In this episode of Well Capitalized, MCM interviews Harry Shimp, Senior Operating Partner at MCM Capital who discusses:

• What is a Senior Operating Partner in a private equity firm? (2:14)
• How important is communication? (4:39)
• What type of information should be communicated to the PE firm? (6:26)
• What is the appropriate frequency of communication with the PE firm? (10:22)
• Why does a Senior Operating Partner have weekly calls? (12:58)
• What attributes make a business attractive to a Senior Operating Partner at a PE fund? (14:45)
• How does a Senior Operator get involved in a business? (18:29)
• How does a company maintain its culture after a change in ownership? (20:06)
• What advice would you give to a business owner looking to sell to a PE Firm? (22:18)

For more information on what to expect from the M&A process and partnering with private equity, please visit our website at www.mcmcapital.com. If you have an idea or would like us to discuss an M&A topic in greater detail please comment below. Thanks for watching!