My best business decision

Kevin Scullion, MD of homecare provider Independent Living Services, says that taking on private equity has transformed his business.

Taking the private equity route has been something of a pleasant surprise.

When you have private equity on board, all working processes are sharpened and focused on results. Their approach to board meetings is professional and disciplined, and they are very driven on the strategic direction and momentum of growth and acquisition. It can be very demanding, but it’s worthwhile.

If you want that discipline and rigour as part of your company, perhaps with a view to a flotation in the future, then private equity can work wonders for you.