Jay Bower, Crossbow Group's President, dropped us a line today, updating his predictions made earlier this year. He says: "Hope you've enjoyed these last weeks of summer. Hope too you have a moment to check out our occasional dispatch about what’s working, what’s not, what’s new, etc."
In a recent survey, I was struck by what Private Equity (PE) firms consider their biggest challenge: "Finding the right executives for portfolio companies". That agrees with what I know. One fund manager I work with says he is only limited by the lack of good CEOs. All the rest -- technologies, markets, finances -- is comparatively much easier.
Jay Bower, President of Crossbow Group, a Connecticut-based direct marketing agency originally founded by direct marketing guru Bill Mirbach, had some useful remarks about trends his team is seeing for 2007.