{ "media_type": "text", "post_content": "Uh oh, ClearView is about to go through another big change and likely even more growing pains, but looks like cha-ching for their leadership", "post_id": "6028071d3d348d0022797899", "reply_count": 24, "vote_count": 17, "bowl_id": "5ae46a9f9f9aa00018cc41d5", "bowl_name": "Life Sciences Consulting", "feed_type": "bowl" }
null

Uh oh, ClearView is about to go through another big change and likely even more growing pains, but looks like cha-ching for their leadership

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likefunny
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Ya I’m a ClearView client. “Likened to a McKinsey” is just a flat out lie.

likefunnyupliftingsmart

I definitely chuckled when I read that. Also McKinsey... Life sciences... Opioid crisis... Perhaps it's not the best association right now

likesmartfunny

RIP all of the incoming analysts about to get slammed by their new PE overlords

likefunny

It’s about growth, but also controlling costs. Do whatever it takes to increase EBITDA and free cash flow, which is a must to pay down the debt

smart

As an exec at a PE portco, you make money by significantly scaling EBITDA and revenue, as those are the multiples for the exit valuation.

To really grow EBITDA, you need to grow profitable revenue, which means investing in the business, not slashing.

Squeezing out costs is a short term thing to grow EBITDA and is obvious when looking at the financials.

likefunny

Hot take: I’m excited about this news. Incoming cv consultant. Sounds like a major expansion initiative is on the horizon. Means plenty of opportunity to take on responsibility and exceed expectations. Somebody pls shit on my naïveté

likefunny

100%

funny

Seems like an earlier than intended exit for RLH, which raises some flags.

It’ll be interesting to see what happens. Regardless, not good for incoming analysts...

likesmart

Sponsoring partner of RLH is no longer there and growth was faster than even they anticipated. So it’s normal timeline for a transition. “Incoming analyst” feel free to DM if any more questions

funny

I wonder if CV management will proactively tell their employees this news. I'm curious what the response from management will be if someone asks them about this in an all-hands meeting.

likefunny

The time to bring it up would have been the town hall yesterday, but we will see when the deal goes through

smart

This should be a busy year for them... what is the growing pain here?

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Thank you

uplifting

Can u post the article?

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