SKIP TO CONTENT
Harvard Business Review LogoHarvard Business Review Logo
Private equity|The CEO of New Mountain Capital on Using PE Management to Ignite Growth
Harvard Business Review Logo
Private equity

The CEO of New Mountain Capital on Using PE Management to Ignite Growth

by Steve Klinsky

From the Magazine (May–June 2022)
Center: Steve Klinsky, New Mountain’s CEO; behind him, from left, Raj Merchant, William Haley, Jack Qian, and Peter Masucci, leaders of the New Mountain team for the company now named Blue Yonder.   Guerin Blask

Summary.   

Leer en españolLer em português

Twelve years ago, in 2010, my private equity firm, New Mountain Capital, acquired a little-known Wisconsin software company, RedPrairie, for $565 million. In September 2021 we sold that same company, now named Blue Yonder, to Panasonic at a total value of $8.5 billion. About $5.7 billion of the gain had come from organic growth, not acquisitions.

A version of this article appeared in the May–June 2022 issue of Harvard Business Review.
Read more on Private equity or related topics Growth strategy, Technology and analytics, Mergers and acquisitions, Management, Corporate strategy and Professional services

Partner Center