Kurt Bjorklund and Tom Lister's transition from co-CEO roles marks a significant moment for the firm, now under new leadership with Brian and Devi Patel. The duo aims to leverage their strengths to advance the firm’s strategic investments in technology and software while also exploring growth opportunities in healthcare and services. Brian emphasizes a technology-focused approach, promoting investments in software like the cloud and AI for continued growth. While remaining grounded in its roots, the firm seeks to adapt to changing market dynamics, including expanding its advisory network globally, leveraging expertise from figures like Carolyn Everson and Simon Segars. Brian reflects on the evolution of private equity, positioning it as a strategic partner rather than just a financial backer, allowing for heightened collaboration with portfolio companies to maximize revenue growth rather than focusing solely on profitability margins. This leadership change is not just a continuation but a strategic shift that aims to navigate the complexities of the digital economy strategically. The firm, rooted in a history of innovation, now looks toward a promising future fueled by an enthusiastic approach to emerging tech sectors and nurturing talent across continents.
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