It's increasingly popping up in the private equity space, as the Masters of the Universe are able to put more data to work to grow market capitalization and market share - as opposed to just slashing jobs and dealing off assets, the mantra of the business in the 80s, 90s and Aughts.
Under Bravo, from February 2018 forward, the company grew headcount nearly 17% as tracked by our LinkedIn ( $MSFT) Employee Count.īravo isn't the only one with the LBO-to-grow mentality. One such example is California-based storage and security company Barracuda Networks ( $CUDA), which Thomas Bravo bought out in late 2017 - so our data covers much of the post-LBO trajectory. Gara goes on to write that Bravo's strategy is to "triple their size with better operations, and by the time he strikes, he's already mapped out an acquisition or turnaround strategy."
Antoine gara linkedin stock market software#
"Wall Street's Best Dealmaker," according to Forbes (ahem, Steve) learned to stick to his knitting after the first dot-com bubble busted, and now focuses on "well-established software companies, especially those with clearly discernible moats," pens Forbes scribe Antoine Gara, in a profile this week. Here's the data that has been powering his powerhouse PE portfolio:
But Bravo - the newest private equity billionaire to be crowned by Forbes - has a lot show off these days, whether its the LBO shop that bears his name, the $30 billion in assets it runs, or his generous philanthopic efforts back home. Others, like Orlando Bravo, use private-equity-millions to load a plane up with water, diapers, granola and satellite telephones, and take it to Puerto Rico after it was ravaged by Hurricane Maria.
Some Wall Street uber-alpha billionaires use their clout to do things like host insipid book tours and make ill-advised comments about well-liked Democratic candidates on the eve of one having a major heart procedure.
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