Private equity's thesis for CPA platforms continues to evolve, and so does the bar for what's considered attractive. In this session, Stuart Ferguson shares his perspective on how growing variation in multiples and the rise of AI, among other factors, are reshaping the way sponsors think about value, growth, and risk across the space. He explores what's drawing investor conviction today, what's giving Investment Committees pause, and where the next wave of opportunity may emerge as the definition of a winning platform continues to shift.
