COO Discusses First Few Months Under Private Equity Ownership

We sat down with Mike Tiner, COO of Andover Corporation, to discuss his recent experience in the private equity acquisition process. Just four months removed from Andover's sale, Mike covers the following topics, among others, from management's perspective:

• Whether to sell to management, a strategic, or a private equity firm
• What Andover was looking for in a partner
• What to expect from due diligence
• Communication with employees during the sale process
• Preserving company culture post-acquisition
• Advice for owners considering a private equity exit strategy