The private equity landscape has become more difficult to read. Sponsors and management teams are contending with shifting tax policy, rapid digital transformation, and heightened scrutiny on earnings quality and valuation. Compounding matters, teams are facing continued pressure to drive returns in a challenging fundraising environment made harder by geopolitical uncertainty. EisnerAmper’s practical guide breaks down what matters most across the full investment lifecycle. Here’s what’s inside: Key tax developments: How the One Big Beautiful Bill Act (OBBBA) provisions, including restored 100% bonus depreciation, reinstated EBITDA-based interest limitations, and expanded Qualified Small Business Stock (QSBS) benefits, influence fund modeling, cash flow, and after-tax exit outcomes Digital risk and technology due diligence: Why AI adoption, vendor contracts, and data governance gaps are becoming material diligence and exit-readiness obstacles Financial due diligence: How modern financial due diligence goes beyond quality of earnings to validate cash conversion, revenue durability, and working capital dynamics before structure and pricing are finalized Valuation across the lifecycle: Why defensible, audit-ready valuations require continuous assessment, not just transaction-driven snapshots Whether evaluating a new platform, managing a portfolio company, or preparing for exit, this guide outlines the frameworks and questions sponsors should be asking right now.
