Private equity firms get cybersecurity wake-up call as Duane Morris, Buyouts Insider release summer edition of Connections in the Middle Market
Jun 25, 2015, 04:51 ET
CHICAGO, June 25, 2015 /PRNewswire/ -- Private equity professionals who thought they had cybersecurity risks under control may be in for a jolt after this week's release of the summer 2015 edition of Connections in the Middle Market, produced in partnership by law firm Duane Morris LLP and private equity publisher Buyouts Insider.
The cover story reveals how one mid-market buyout shop has already had to contend with breaches at two portfolio companies, including one where hackers threatened to expose sensitive customer information if they weren't paid a sizeable ransom.
The story goes on to provide private equity professionals with actionable advice on how they can protect sensitive information—including the financial results of privately-held portfolio companies—from hackers and related cyber attacks. A list of "Top 11 tips to harden your cyber defenses" includes such advice as making sure to perform a self-assessment identifying gaps in cyber defenses, to formulate an incident response plan in the event of a breach, and to consider buying a cybersecurity insurance policy.
A second feature story in the summer edition of Connections in the Middle Market provides insights into mid-market deal pricing. Based in part on the results of an exclusive survey of mid-market deal professionals conducted this spring, the story covers what factors are sustaining high prices, which strategies sponsors are deploying to cope with a pricey market, and where leading sponsors and investment bankers see prices trending 18 months from now.
The magazine features contributions from David Toll, Executive Editor, Buyouts Insider, Richard Jaffe, Partner and Co-head of Private Equity – U.S., Duane Morris and Pierfrancesco Carbone, Partner and Co-head of Private Equity – UK / Europe, Duane Morris. The report was distributed this week at the Buyouts Chicago conference, where a panel of experts discussed results of the Connections in the Middle Market deal pricing survey, as well as the outlook for mid-market deal-making in the United States.
About Duane Morris
Duane Morris LLP (www.duanemorris.com), a global law firm with more than 700 attorneys, provides significant value to the participants in the private equity industry. For mid-market buyout firms, the firm delivers insights that optimize transactional value for both sellers and buyers in control and non-control investments, and that support portfolio company growth strategies; as well, the firm provides guidance on fund formation, market LPA terms and regulatory issues. For institutional investors, the firm advises on efficient, effective investment strategies, including co-investments and direct investments; alignment of interests; transparency; and governance issues.
About Buyouts Insider
Buyouts Insider, publisher of Buyouts magazine, Venture Capital Journal and peHUB.com, provides exclusive news, data and analysis on the buyout and venture capital marketplaces. The firm provides networking opportunities to buyout and venture capital professionals through its PartnerConnect conferences held in major cities around the country. Through its ExecConnect networking programs at these events Buyouts Insider arranges exclusive one-on-one meetings among private equity professionals, institutional investors, bankers and lenders.
SOURCE Duane Morris LLP
Share this article