Management Compensation in LBO

How do management teams get compensated during private equity deals?— —
This is an opaque area and has been largely kept hush. So using my own proprietary and coinvestment deal data as well as copious notes I’ve taken over the years, I examined 29 private equity buyouts (all in the U.S.) to arrive at real world insights into team compensation. I provide color here on components such as retention bonus, transaction bonus, new equity incentive, equity rollover and other general comp characteristics.

As these deals are private I am not identifying them by name nor sharing anything more than aggregated insights.