{"id":7037,"date":"2025-02-06T17:00:53","date_gmt":"2025-02-06T16:00:53","guid":{"rendered":"https:\/\/executive-interim-partners.de\/?p=7037"},"modified":"2025-09-26T12:37:17","modified_gmt":"2025-09-26T10:37:17","slug":"interim-manager-private-equity","status":"publish","type":"post","link":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/","title":{"rendered":"Interim Manager:  The Perfect Fit for Private Equity Investments?"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-m6tgvm5i-498fb0fe633f90ee15620770fdad4e3a\">\n.avia-section.av-m6tgvm5i-498fb0fe633f90ee15620770fdad4e3a .av-parallax .av-parallax-inner{\nbackground-repeat:no-repeat;\nbackground-image:url(https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/01\/Private-equity.jpg.jpg);\nbackground-position:100% 100%;\nbackground-attachment:scroll;\n}\n<\/style>\n<div id='av_section_1'  class='avia-section av-m6tgvm5i-498fb0fe633f90ee15620770fdad4e3a main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_one_fifth  avia-builder-el-first  avia-full-stretch av-parallax-section avia-bg-style-parallax av-minimum-height av-minimum-height-55 av-height-percent  container_wrap fullsize'  data-section-bg-repeat='stretch' data-av_minimum_height_pc='55' data-av_min_height_opt='percent'><div class='av-parallax' data-avia-parallax-ratio='0.3' ><div class='av-parallax-inner main_color avia-full-stretch'><\/div><\/div><div class='container av-section-cont-open' ><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-7037'><div class='entry-content-wrapper clearfix'><\/div><\/div><\/main><\/div><\/div><div id='after_section_1'  class='main_color av_default_container_wrap container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-7037'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4syl67h-1148278fcb1f67b5d197a2da2107c0a1\">\n.flex_column.av-4syl67h-1148278fcb1f67b5d197a2da2107c0a1{\nborder-radius:0px 0px 0px 0px;\npadding:15px 15px 15px 15px;\nbackground-color:#ededed;\n}\n<\/style>\n<div  id=\"corona-contact-partner\"  class='flex_column av-4syl67h-1148278fcb1f67b5d197a2da2107c0a1 av_one_fifth  avia-builder-el-1  el_after_av_section  el_before_av_three_fifth  avia-builder-el-first  first flex_column_div av-hide-on-mobile  '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4ra63ql-a775f9f9e25ac83ad32bdbaa76df1e05\">\n#top .av-special-heading.av-4ra63ql-a775f9f9e25ac83ad32bdbaa76df1e05{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-4ra63ql-a775f9f9e25ac83ad32bdbaa76df1e05 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-4ra63ql-a775f9f9e25ac83ad32bdbaa76df1e05 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-4ra63ql-a775f9f9e25ac83ad32bdbaa76df1e05 av-special-heading-h3 blockquote modern-quote  avia-builder-el-2  el_before_av_hr  avia-builder-el-first '><h3 class='av-special-heading-tag'  itemprop=\"headline\"  >Contact<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4ph1xb1-3f1d4d5768fa4eb4875d1cb47c626ba6\">\n#top .hr.hr-invisible.av-4ph1xb1-3f1d4d5768fa4eb4875d1cb47c626ba6{\nheight:10px;\n}\n<\/style>\n<div  class='hr av-4ph1xb1-3f1d4d5768fa4eb4875d1cb47c626ba6 hr-invisible  avia-builder-el-3  el_after_av_heading  el_before_av_button '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-button-wrap av-4oinpot-f1b3675b77903f27e17b10afd827988d-wrap avia-button-left  avia-builder-el-4  el_after_av_hr  el_before_av_heading '><a href='mailto:info@eip.de' class='avia-button av-4oinpot-f1b3675b77903f27e17b10afd827988d avia-icon_select-yes-left-icon avia-size-small avia-position-left avia-color-theme-color' target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_button_icon avia_button_icon_left' aria-hidden='true' data-av_icon='\ue805' data-av_iconfont='entypo-fontello'><\/span><span class='avia_iconbox_title' >E-Mail<\/span><\/a><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mcejk9fr-cb42f957ffd8179db06445cd4bb84a3e\">\n#top .av-special-heading.av-mcejk9fr-cb42f957ffd8179db06445cd4bb84a3e{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-mcejk9fr-cb42f957ffd8179db06445cd4bb84a3e .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-mcejk9fr-cb42f957ffd8179db06445cd4bb84a3e .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-mcejk9fr-cb42f957ffd8179db06445cd4bb84a3e av-special-heading-h3 blockquote modern-quote  avia-builder-el-5  el_after_av_button  el_before_av_hr  av-linked-heading'><h3 class='av-special-heading-tag'  itemprop=\"headline\"  ><a class=\"av-heading-link\" href=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/09\/interim-manager-fit-for-private-equity-2025-13.01.2025-update-en-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Download Study<\/a><\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2k4zal-8441e065ed93afc127d8600e2496c777\">\n#top .hr.hr-invisible.av-2k4zal-8441e065ed93afc127d8600e2496c777{\nheight:10px;\n}\n<\/style>\n<div  class='hr av-2k4zal-8441e065ed93afc127d8600e2496c777 hr-invisible  avia-builder-el-6  el_after_av_heading  el_before_av_image '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mcejkkkm-b4b20f61c071cd74b6787bec3491497a\">\n.avia-image-container.av-mcejkkkm-b4b20f61c071cd74b6787bec3491497a img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-mcejkkkm-b4b20f61c071cd74b6787bec3491497a .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-mcejkkkm-b4b20f61c071cd74b6787bec3491497a av-styling- avia-align-center  avia-builder-el-7  el_after_av_hr  avia-builder-el-last '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><a href=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/09\/interim-manager-fit-for-private-equity-2025-13.01.2025-update-en-1.pdf\" class='avia_image' target=\"_blank\" rel=\"noopener noreferrer\" aria-label='Interim Manager Fit For Private Equity_Hengstmann_UPDATE 13.01.2025_english_pages-to-jpg-0001'><img decoding=\"async\" class='wp-image-8222 avia-img-lazy-loading-not-8222 avia_image ' src=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001-212x300.jpg\" alt=\"Interim Manager:  The Perfect Fit for Private Equity Investments?\" title='Interim Manager Fit For Private Equity_Hengstmann_UPDATE 13.01.2025_english_pages-to-jpg-0001'  height=\"300\" width=\"212\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001-212x300.jpg 212w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001-728x1030.jpg 728w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001-768x1086.jpg 768w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001-1086x1536.jpg 1086w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001-1061x1500.jpg 1061w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001-499x705.jpg 499w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/02\/Interim-Manager-Fit-For-Private-Equity_Hengstmann_UPDATE-13.01.2025_english_pages-to-jpg-0001.jpg 1241w\" sizes=\"(max-width: 212px) 100vw, 212px\" \/><\/a><\/div><\/div><\/div><\/p><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4kt043h-42a8509fe7dbbab9a5e2a2f2f36df2c0\">\n.flex_column.av-4kt043h-42a8509fe7dbbab9a5e2a2f2f36df2c0{\nborder-radius:0px 0px 0px 0px;\npadding:50px 50px 50px 50px;\nbackground:url(https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/Restrukturierung.png) 0% 0% no-repeat scroll ;\n}\n<\/style>\n<div  class='flex_column av-4kt043h-42a8509fe7dbbab9a5e2a2f2f36df2c0 av_three_fifth  avia-builder-el-8  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-m6tgv4t4-13cb6d4a8c6c7b8d558a0104bbdda53e\">\n#top .av-special-heading.av-m6tgv4t4-13cb6d4a8c6c7b8d558a0104bbdda53e{\npadding-bottom:10px;\ncolor:#ffffff;\n}\nbody .av-special-heading.av-m6tgv4t4-13cb6d4a8c6c7b8d558a0104bbdda53e .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-m6tgv4t4-13cb6d4a8c6c7b8d558a0104bbdda53e .special-heading-inner-border{\nborder-color:#ffffff;\n}\n.av-special-heading.av-m6tgv4t4-13cb6d4a8c6c7b8d558a0104bbdda53e .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-m6tgv4t4-13cb6d4a8c6c7b8d558a0104bbdda53e av-special-heading-h1 custom-color-heading blockquote modern-quote modern-centered  avia-builder-el-9  el_before_av_textblock  avia-builder-el-first '><h1 class='av-special-heading-tag'  itemprop=\"headline\"  >PRIVATE EQUITY<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-m6tgvvw5-8eb762c19c1855dea0c0ffa58a32592a\">\n#top .av_textblock_section.av-m6tgvvw5-8eb762c19c1855dea0c0ffa58a32592a .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-m6tgvvw5-8eb762c19c1855dea0c0ffa58a32592a '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: center;\">Interim Manager:<\/p>\n<p style=\"text-align: center;\">The Perfect Fit for Private Equity Investments?<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4il7tbh-4d5e349d5fa42e46afa636afeb745462\">\n.avia-image-container.av-4il7tbh-4d5e349d5fa42e46afa636afeb745462 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-4il7tbh-4d5e349d5fa42e46afa636afeb745462 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-4il7tbh-4d5e349d5fa42e46afa636afeb745462 av-styling- avia-align-center  avia-builder-el-11  el_after_av_textblock  el_before_av_image '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-6354 avia-img-lazy-loading-not-6354 avia_image ' src=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-300x152.png\" alt=\"Interim Manager:  The Perfect Fit for Private Equity Investments?\" title='eip'  height=\"152\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-300x152.png 300w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip.png 415w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4h7u4el-1d6a12224a556519becde04b4bbb37a5\">\n.avia-image-container.av-4h7u4el-1d6a12224a556519becde04b4bbb37a5 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-4h7u4el-1d6a12224a556519becde04b4bbb37a5 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-4h7u4el-1d6a12224a556519becde04b4bbb37a5 av-styling- avia-align-center  avia-builder-el-12  el_after_av_image  avia-builder-el-last '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-6356 avia-img-lazy-loading-not-6356 avia_image ' src=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2.png\" alt=\"Interim Manager:  The Perfect Fit for Private Equity Investments?\" title='eip-2'  height=\"160\" width=\"2704\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2.png 2704w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2-300x18.png 300w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2-1030x61.png 1030w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2-768x45.png 768w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2-1536x91.png 1536w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2-2048x121.png 2048w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2-1500x89.png 1500w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/eip-2-705x42.png 705w\" sizes=\"(max-width: 2704px) 100vw, 2704px\" \/><\/div><\/div><\/div><\/p><\/div>\n<div  class='flex_column av-4fzh44d-72448c950a2dfb36eb521f9e785e19ae av_one_fifth  avia-builder-el-13  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  '     ><\/div>\n<div  class='flex_column av-4coms25-c50172f4a0c46a82be044f57166ea8ab av_one_fifth  avia-builder-el-14  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-fg731p-bbaf230eb6f44965ec06a264b29a77bb av_three_fifth  avia-builder-el-15  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-m6tgxan6-f223febea009d2ad83c6a84f9df5633b '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p style=\"text-align: center;\"><strong>INTERIM MANAGER:<\/strong><br \/>\n<strong> THE PERFECT FIT FOR PRIVATE EQUITY INVESTMENTS?<\/strong><\/p>\n<p style=\"text-align: center;\"><strong style=\"font-weight: normal;\">Experiences and Opportunities for the Deployment of Interim Managers<\/strong><br \/>\n<strong style=\"font-weight: normal;\"> in Portfolio Companies of Financial Investors<\/strong><\/p>\n<\/div><\/section><\/div><div  class='flex_column av-f9bj0d-f8b8e4d3853a76d16007b79baf364fa9 av_one_fifth  avia-builder-el-17  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-4768i59-4e16e6b5443c14c6c4a47e31cb951ed4 av_one_fifth  avia-builder-el-18  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-45s1vkd-12710889bb1ad44178f78b11a0d77533 av_three_fifth  avia-builder-el-19  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-m6tgyif1-1fe4f87a0993017f2533964c0121a715 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p>Private equity managers, in times when it seems that every company is being sold through a structured auction process, are searching for new solutions to meet investors&#8217; return expectations despite the high purchase prices for acquired investments up to the point of exit. Are interim managers a good option for private equity firms in implementing operational and strategic value creation measures?<\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-43dbvl9-6519596aba63591aa67158bf4e867055 av_one_fifth  avia-builder-el-21  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-424yfvh-eb256f7149c81f9b1d5b58a3a41c6335 av_one_fifth  avia-builder-el-22  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-417ub7h-d2b67a18c9de930958c8045bb9aa9bb7 av_three_fifth  avia-builder-el-23  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-m6th63r6-fe7b9febf4ad495b0a475271c83f66f4 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p><strong>CHALLENGING MARKET ENVIRONMENT FOR PRIVATE EQUITY MANAGERS<\/strong><\/p>\n<p>The downward trend in the European private equity sector continued from 2022 into 2023. In total, 12% fewer transactions took place across Europe in 2023, with the total transaction value declining by 32%, equivalent to \u20ac124 billion. In Germany, Austria, and Switzerland (the DACH region), transactions involving private equity investments decreased by 15% compared to the previous year (Source: PwC, Private Equity Trend Report 2024).<\/p>\n<p>In a survey, a majority of private equity managers cited uncertain economic and geopolitical conditions, persistently high capital costs, and securing financing as their greatest challenges.<\/p>\n<p>This negative trend persisted into 2024: in the first half of 2024, the number of transactions in the DACH region fell by an additional 23% (Source: Roland Berger, Private Equity DACH, State of the Region: H1 2024).<\/p>\n<p><strong>Still High Purchase Prices and Investors&#8217; Return Expectations?<\/strong><\/p>\n<p>Private equity investors operate on a temporary ownership model. Within four to six years, the acquired companies are expected to deliver adequate equity returns for investors, private equity partners, and participating MBO\/MBI managers.<\/p>\n<p>Value creation is supported by private equity investors through active involvement on advisory boards and supervisory boards of portfolio companies. Ambitious and professional private equity managers, however, do not rely solely on value creation derived from deleveraging or multiple expansion. Due to high valuation levels\u2014double-digit EBITDA multiples are now more the norm than the exception\u2014 private equity managers must demonstrate greater creativity and preparation before acquisitions to justify high purchase prices to investment committees.<\/p>\n<p>Beyond strategic value creation measures\u2014such as buy-and-build strategies\u2014financial investors are increasingly initiating systematic operational value creation programs immediately following the successful acquisition of target companies or at the latest, during preparation for the exit.<\/p>\n<p>To implement these operational value creation programs, private equity firms are now recruiting not only former management consultants or investment bankers but also managers with extensive experience as operational executives and advisors. These managers focus on operational value creation levers in areas like procurement, administrative costs, production, and internationalization.<\/p>\n<p>Implementation specialists within private equity firms often rely on external management consultants or, increasingly, on interim managers to realize operational value creation potentials<\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-3zem9vx-90b55d592e5ef7aa4bff3ea4579702ff av_one_fifth  avia-builder-el-25  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-3xhmkb1-b653ff402e8cb516ba239f600bbd1010 av_one_fifth  avia-builder-el-26  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-3vcf2kt-5a9d26e5588c9bfd90731d174dcb5e18 av_three_fifth  avia-builder-el-27  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-m6th6qss-fa5625c7543202b53fafc264b2a8119d '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p style=\"text-align: center;\"><strong>Interim management refers to the temporary deployment of external executives<br \/>\n<\/strong><strong>at the first or second management level to take on short-term leadership responsibilities<br \/>\nor manage projects independently of the organizational hierarchy.<\/strong><\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-3tyst0t-b0a7140508c428a545aa7f1164129174 av_one_fifth  avia-builder-el-29  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-3qrncwt-73691330d0dc72d12c3c79792ee029d9 av_one_fifth  avia-builder-el-30  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-3p6mw0t-6392c0ca0c27b4b0be8f615c59ec3076 av_three_fifth  avia-builder-el-31  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-m6th7ihz-609d70fc07e11c2729ef812d81d80328 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p><strong>INTERIM MANAGER: TEMPORARY EXECUTIVES<\/strong><\/p>\n<p>Interim management, or the conscious temporary staffing of a senior management position, is becoming increasingly popular in Eruope. Interim managers take on roles as managing directors, department heads, or project leaders &#8211; often in special situations &#8211; to address resource shortages or a lack of expertise. These assignments typically last six to twelve months, or up to three years in complex restructuring projects.<\/p>\n<p>The interim management market in Europe is experiencing steady growth in 2024. The UK and France are leading interim management markets, with growth rates of 6\u20138% and 5\u20137%, respectively, driven by demand in sectors like finance, technology, healthcare, manufacturing, and energy. Key trends include increased reliance on interim managers for restructuring, digital transformation, and handling executive gaps, as well as greater adoption by SMEs for cost-effective leadership solutions. The market outlook remains positive, fueled by the need for experienced leaders to navigate economic uncertainties and deliver measurable value.<\/p>\n<p>In 2024, the German Interim Management Association (DDIM) estimates that around 12,000 interim managers are active, double the number since 2014, generating an annual revenue of approximately \u20ac2.9 billion (revenue in 2014: \u20ac1.4 billion). Unlike traditional management consultants, who provide external, independent services with concepts and implementation recommendations but no decision-making authority, interim managers often assume entrepreneurial responsibility, with about 9% working at the executive management level.<\/p>\n<p>In 2024, interim management project assignments related to insolvency-related restructurings, reorganizations, and turnarounds have significantly increased in Germany, according to a study by the DDIM (German Interim Management Association), and now account for approximately 16% of interim manager mandates. Demand for interim managers was particularly high among clients from the machinery and plant engineering sector (18%), the automotive supplier industry (13%), the retail and food industries (8%), and the construction sector (5%).<\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-3nya3gd-d8a314b76e0752410d3ef5ed29905f2c av_one_fifth  avia-builder-el-33  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-3m4vexp-13f7a4552f4dd9d6adeec5da75dc8e3f av_one_fifth  avia-builder-el-34  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-3k9l7v1-6ed6e35cbdcb61c0b8f0a3f14235d6ed av_three_fifth  avia-builder-el-35  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-m6tiy49v-cd8e75e08b77c86b40262f5764abe380 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p><strong>DEPLOYMENT OF INTERIM MANAGERS IN FINANCIAL INVESTORS\u2019 PORTFOLIO COMPANIES \u2013<br \/>\nACTIONS SPEAK LOUDER THAN WORDS AND SLIDES<\/strong><\/p>\n<p>But in which situations does the deployment of an interim manager make sense for a private equity firm &#8211; and when does it not?<\/p>\n<p><strong>Addressing Vacancies or Weaknesses in MBI or MBO Team<\/strong><\/p>\n<p>Shortly after the closing of a deal, it often becomes apparent that the CEO, CFO, or another executive does not align with the private equity culture. The speed and scope of changes required to enhance the value of private equity portfolio companies often overwhelm managers, particularly those without prior private equity experience.<\/p>\n<p>Additionally, acquisition financing and the associated interactions with debt-financing banks represent a novel and often stressful situation for many corporate managers, one they may not be equipped to handle. A common mistake in such scenarios is holding on to overburdened managers for too long.<\/p>\n<p>The short-term deployment of an interim manager allows financial investors to address leadership vacancies while searching for a long-term replacement. This temporary solution ensures that critical value creation and restructuring measures are implemented, laying a solid foundation for the incoming MBI manager.<\/p>\n<p>The short-term deployment of an interim manager offers financial investors the opportunity to bridge the leadership vacancy in the portfolio company, gain more time to identify an optimal medium- and long-term replacement with an MBI manager, and negotiate a contract with the appropriate incentives for the long-term solution without time pressure. Quality and compatibility, not only short-term availability should be prioritized when selecting the medium- and long-term replacement for the executive, who should ideally remain in place until the exit or beyond.<\/p>\n<p>At the same time, the interim manager can implement the urgently needed restructuring and reorganization measures within a few weeks or months, providing a foundation for the subsequent MBI manager and making their work easier.<\/p>\n<p><strong>Interim Management in Restructuring Situations<\/strong><\/p>\n<p>In cases where portfolio company managers fail to meet business plan targets or risk breaching banking covenants, deploying an interim manager as Chief Restructuring Officer (CRO) is often the best solution. A CRO is tasked with steering companies out of existential liquidity and profitability crises, coordinating stakeholders, and preventing insolvency or liquidation.<\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-3i8c9b1-1a00a36075d567a812fc6b71453d423e av_one_fifth  avia-builder-el-37  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-5footp-514d15cb1d026e668e42c0030e9ca40c av_one_fifth  avia-builder-el-38  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-4lcv9p-a40b342b8f2d9d590d7e61612bce8c91 av_three_fifth  avia-builder-el-39  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-m6uod7pi-1ddc39700b38f772799e4f74e8d159f9 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p style=\"text-align: center;\"><strong>The Chief Restructuring Officer (&#8220;CRO&#8221;) is an interim restructuring executive or board member<br \/>\ntasked with guiding a company out of an existential liquidity and profitability crisis.<br \/>\nThis is achieved by steering and implementing the restructuring process<br \/>\nand coordinating stakeholders to prevent the company&#8217;s insolvency or liquidation.<\/strong><\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-2iyyy5-1e9874664fc8b212f9d5271c38f5daff av_one_fifth  avia-builder-el-41  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div class='flex_column_table av-3eqhv65-7d71d65dc6f99ad69daaa8bf7cb4f958 sc-av_one_fifth av-equal-height-column-flextable'><div  class='flex_column av-3eqhv65-7d71d65dc6f99ad69daaa8bf7cb4f958 av_one_fifth  avia-builder-el-42  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_table_cell av-equal-height-column av-align-middle  column-top-margin'     ><\/div>\n<div class='av-flex-placeholder'><\/div><div  class='flex_column av-3d4ayi5-7896d810e99a998bd2665c2d8939abe4 av_three_fifth  avia-builder-el-43  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_table_cell av-equal-height-column av-align-middle  column-top-margin'     ><section  class='av_textblock_section av-3b8nor1-fe9f0535ed7167b66bd6ed2e80b2fd03 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p>For debt financing banks, the deployment of an external interim manager as a Chief Restructuring Officer (&#8220;CRO&#8221;) &#8211; someone with the proven track record and extensive experience in managing critical corporate situations and the ability to rebuild trust &#8211; is typically the preferred solution in the event of a covenant breach. If private equity investors take proactive initiative early in such situations, without pressure and before intervention from the banks, they can stabilize the company and improve relations with the banks through an interim manager who is also trusted by the financial institutions.<\/p>\n<p>An interim manager with extensive experience as a Chief Restructuring Officer can quickly regain the trust of the banks by focusing on the right priorities. These include not only creating a restructuring plan within a few weeks, but also implementing immediate liquidity-securement measures, such as improved working capital management and short-term cost reductions. Additionally, they can initiate cultural shifts within the company to drive necessary changes.<\/p>\n<p>In such a crisis, even the most sophisticated presentations with detailed analyses and recommendations from renowned consultants alone are typically insufficient. Measures to achieve short-term and sustainable improvements in liquidity, profitability, and performance must not only be identified but also immediately implemented by an experienced, hands-on manager within the organization.<\/p>\n<p><strong>Implementation of Strategic Measures by Private Equity Firms<\/strong><\/p>\n<p>Experienced interim managers can provide valuable external implementation expertise in executing strategic value enhancement measures- such as the integration of acquisitions within a buy-and-build strategy, the carve-out and divestment of business units or subsidiaries, vertical integration, or the internationalization of the portfolio company\u2019s business model.<\/p>\n<p>Integrating an acquired company, establishing a new facility in Asia, or opening a new sales office in the United States typically does not fall within the standard repertoire of a manager. Costly mistakes can be avoided by engaging interim managers who have practical experience and proven expertise in these special situations.<\/p>\n<p>After successfully completing the integration of acquired companies, the sale of non-core assets, the smooth relocation of a facility, or the opening of a new sales office domestically or abroad, the interim manager can step away from the organization.<\/p>\n<p><strong>Exit Preparation<\/strong><\/p>\n<p>The use of\u00a0 interim managers is also advisable when preparing a company for an exit. In most cases, the management teams of portfolio companies lack exit experience.<\/p>\n<p>Many levers and value enhancement opportunities that can lead to higher EBITDA and cash flow &#8211; and thus a higher IRR and money multiple for the private equity investor &#8211; can be identified and implemented by an experienced interim manager even just months before the exit.<\/p>\n<p>This approach allows the managers of portfolio companies to focus on day-to-day operations and their customers, while the interim manager prepares the exit internally and systematically implements value-enhancing measures within a program office framework.<\/p>\n<p>Interim managers engaged in the situations described above represent temporary and extraordinary expenses in accounting terms, which do not negatively impact the operational and sustainable results shortly before the exit.<\/p>\n<p><strong>Selecting the Right Interim Manager<\/strong><\/p>\n<p>The success of an interim manager depends not only on their deployment in the right situation but also on the selection of the right personality. Numerous professional intermediaries, known as providers, assist clients in selecting the appropriate interim manager.<\/p>\n<p>However, private equity managers themselves bear the responsibility for selecting a suitable interim manager for their portfolio company. Therefore, private equity managers should carefully evaluate candidates for interim manager roles through personal interviews and diligent background checks with references and former clients of the shortlisted interim managers.<\/p>\n<\/div><\/section><\/div>\n<div class='av-flex-placeholder'><\/div><div  class='flex_column av-38n0mq5-830681cb7e9d1eb8ad07a15842fbfb14 av_one_fifth  avia-builder-el-45  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_table_cell av-equal-height-column av-align-middle  column-top-margin'     ><\/div><\/div>\n<div  class='flex_column av-57tzct-9b10871d808219971be3bab20d44eff0 av_one_fifth  avia-builder-el-46  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4qg4hp-8d29fc83da2f5f3335283051b97946e2\">\n.flex_column.av-4qg4hp-8d29fc83da2f5f3335283051b97946e2{\npadding:25px 25px 25px 25px;\nbackground-color:#800000;\n}\n<\/style>\n<div  class='flex_column av-4qg4hp-8d29fc83da2f5f3335283051b97946e2 av_three_fifth  avia-builder-el-47  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-m6uokq18-5b5c6c71ab5e902b0e5eea67bc6b0a3a\">\n#top .av_textblock_section.av-m6uokq18-5b5c6c71ab5e902b0e5eea67bc6b0a3a .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-m6uokq18-5b5c6c71ab5e902b0e5eea67bc6b0a3a '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: center !important;\">CHECKLIST<\/p>\n<p style=\"text-align: center !important;\">SELECTION CRITERIA FOR THE RIGHT INTERIM MANAGER FOR PRIVATE EQUITY MANAGERS<\/p>\n<ul style=\"list-style: none; padding: 0;\">\n<li><em>\u2713 Does the interim manager understand the culture of a private equity-led company and have they successfully worked in portfolio companies of private equity firms?<\/em><\/li>\n<li><em>\u2713 Can the interim manager demonstrate success in the specific business situation (e.g., restructuring, internationalization, performance improvement, transformation, achieving exit readiness, post-merger integration, facility relocations, etc.) in an operational leadership role (e.g., as interim CEO)?<\/em><\/li>\n<li><em>\u2713 Does the interim manager possess a comprehensive combination of operational, strategic, and especially financial expertise?<\/em><\/li>\n<li><em>\u2713 If the interim manager is deployed as a Chief Restructuring Officer in crisis situations, does he have extensive experience in dealing with banks (workout departments), implementing measures from IDW S6 reports, and liquidity management?<\/em><\/li>\n<li><em>\u2713 Is the interim manager action-oriented (\u201chands-on\u201d) and does he avoid merely delegating tasks to (potentially overwhelmed) employees within the client company?<\/em><\/li>\n<li><em>\u2713 Does the interim manager possess the necessary personal skills, such as assertiveness, leadership experience (C-level), negotiation skills, resilience, conflict resolution, and decisiveness?<\/em><\/li>\n<li><em>\u2713 Does the manager demonstrate high social intelligence to persuade and motivate executives, employees, and works councils in the company to embrace and support structural and cultural changes?<\/em><\/li>\n<li><em>\u2713 Does the interim manager have the communication skills and personality to earn the trust of other key stakeholders (e.g., shareholders, supervisory and advisory boards, banks, trade credit insurers, unions)?<\/em><\/li>\n<li><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-2dqkjh-a0570af4b2da67f0dbd0e805d0317c03 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><\/div><\/section><\/p><\/div>\n<div  class='flex_column av-29d8yl-ad3621f1bf83d02816f2ab9285833582 av_one_fifth  avia-builder-el-50  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-35khpzh-539ae41cb5f44cac2111b50cff1f6040 av_one_fifth  avia-builder-el-51  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-33ncfsd-2b3929ec3440223e8b3c1e2f45d2f135 av_three_fifth  avia-builder-el-52  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-32o22rh-c5f7e09ff2ba8290eb69efe85119d1c9 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p>CONCLUSION<\/p>\n<p>Interim managers are temporary executives. Private equity investors are temporary owners. In summary, interim managers are an excellent solution for private equity managers and their portfolio companies in special situations that require immediate action, as they deliver short-term implementation success and contribute to measurable improvements in the profit and loss and cash flow statement.<\/p>\n<p>However, the key to success of interim management in a private equity-led company lies in selecting the right interim manager &#8211; one who fits the company, the current challenge, and, most importantly, the culture of the private equity firm.<\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-30c1tb1-fcb53063d9125d330c0403c831261b43 av_one_fifth  avia-builder-el-54  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-sfypwd-8e52e5d9be542e591224f692a232bef8 av_one_fifth  avia-builder-el-55  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-ru5tq5-c9873c6aba6095c9d73cd9121108b562 av_three_fifth  avia-builder-el-56  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><p><section  class='av_textblock_section av-pzzx9p-9fc98c62922060639d95ce9f27237905 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>ABOUT EXECUTIVE INTERIM PARTNERS<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ogalwt-4c6d1503f76c6e0e5148b19f2553832a\">\n.avia-image-container.av-ogalwt-4c6d1503f76c6e0e5148b19f2553832a img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-ogalwt-4c6d1503f76c6e0e5148b19f2553832a .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-ogalwt-4c6d1503f76c6e0e5148b19f2553832a av-styling- avia-align-center  avia-builder-el-58  el_after_av_textblock  el_before_av_textblock '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-6361 avia-img-lazy-loading-not-6361 avia_image ' src=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/Mu\u0308nchen.jpg\" alt=\"Interim Manager:  The Perfect Fit for Private Equity Investments?\" title='Mu\u0308nchen'  height=\"763\" width=\"1219\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/Mu\u0308nchen.jpg 1219w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/Mu\u0308nchen-300x188.jpg 300w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/Mu\u0308nchen-1030x645.jpg 1030w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/Mu\u0308nchen-768x481.jpg 768w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/Mu\u0308nchen-705x441.jpg 705w\" sizes=\"(max-width: 1219px) 100vw, 1219px\" \/><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-n3bpel-5720f4668f1fce2a9c5d795e47e61882 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p>Founded in Munich in 2005, <strong>EXECUTIVE<\/strong> <strong>INTERIM PARTNERS <\/strong>(EIP) is a leading organization and owner-managed partnership of experienced interim managers at the C-level, specializing in special situations that require immediate entrepreneurial action.<\/p>\n<p><strong>EXECUTIVE INTERIM PARTNERS<\/strong> consists of seasoned top-level managers at the executive and board level, who guide companies back on track, successfully manage special situations, and capitalize on opportunities. Unlike management consultants and intermediaries (providers\/recruitment consultants), EIP partners personally take on temporary responsibility as interim executives or board members in your company to successfully implement restructurings, turnarounds, complex transformations, corporate sales, or M&amp;A transactions.<\/p>\n<p>The partners of <strong>EXECUTIVE INTERIM PARTNERS <\/strong>support you and your company as an interim manager, especially in special situations that require immediate entrepreneurial action, such as<\/p>\n<ul>\n<li>Restructurings<\/li>\n<li>Liquidity crises<\/li>\n<li>Refinancing\/Recapitalizations<\/li>\n<li>Exit preparations and company sales<\/li>\n<li>Value enhancements\/ Exit readiness<\/li>\n<li>Company acquisitions and integrations (PMI)<\/li>\n<li>Complex transformations<\/li>\n<li>Strategic corporate crises\/Revenue and growth crises<\/li>\n<li>Operational turnarounds<\/li>\n<li>Leadership crises or leadership vacuums<\/li>\n<li>Digitalizations<\/li>\n<\/ul>\n<p>All partners of <strong>EXECUTIVE INTERIM PARTNERS <\/strong>have a proven track record as managing directors and board members &#8211; as interim managers or in permanent positions. Approximately 80% of our mandates result from executive functions as interim managing directors or board members (e.g. as CEO, CRO, CFO, COO, CDO, or CSO).<\/p>\n<p>Clients of <strong>EXECUTIVE INTERIM PARTNERS <\/strong>are medium-sized family businesses, corporations and portfolio companies of private equity firms.<\/p>\n<\/div><\/section><\/p><\/div>\n<div  class='flex_column av-l0dg25-d3b8da8e25577575ff69109aa231fe84 av_one_fifth  avia-builder-el-60  el_after_av_three_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><\/div>\n<div class='flex_column_table av-i5m11p-3abe99ab6cf1bac4a844e37031a4c12c sc-av_one_fifth av-equal-height-column-flextable'><div  class='flex_column av-i5m11p-3abe99ab6cf1bac4a844e37031a4c12c av_one_fifth  avia-builder-el-61  el_after_av_one_fifth  el_before_av_one_fifth  first flex_column_table_cell av-equal-height-column av-align-middle  column-top-margin'     ><\/div>\n<div class='av-flex-placeholder'><\/div><div  class='flex_column av-fg55lp-8ea5637adeeb6008d9ba2563e1557ee1 av_one_fifth  avia-builder-el-62  el_after_av_one_fifth  el_before_av_two_fifth  flex_column_table_cell av-equal-height-column av-align-middle  column-top-margin'     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1eha3h-37ab36185f5bc9ff89a1d7be8ca05e83\">\n.avia-image-container.av-1eha3h-37ab36185f5bc9ff89a1d7be8ca05e83 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-1eha3h-37ab36185f5bc9ff89a1d7be8ca05e83 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-1eha3h-37ab36185f5bc9ff89a1d7be8ca05e83 av-styling- avia-align-center  avia-builder-el-63  avia-builder-el-no-sibling '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-6363 avia-img-lazy-loading-not-6363 avia_image ' src=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann.jpg\" alt=\"Interim Manager:  The Perfect Fit for Private Equity Investments?\" title='michael-hengstmann'  height=\"960\" width=\"968\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann.jpg 968w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann-300x298.jpg 300w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann-80x80.jpg 80w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann-768x762.jpg 768w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann-36x36.jpg 36w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann-180x180.jpg 180w, https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2023\/01\/michael-hengstmann-705x699.jpg 705w\" sizes=\"(max-width: 968px) 100vw, 968px\" \/><\/div><\/div><\/div><\/div>\n<div class='av-flex-placeholder'><\/div><div  class='flex_column av-4qrel-34a2647c5a47e0dbe072e1d43cfc8b53 av_two_fifth  avia-builder-el-64  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_table_cell av-equal-height-column av-align-middle  column-top-margin'     ><section  class='av_textblock_section av-bjqxfx-4a71c4678e2ad7069ded9953e0cabaa8 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p><strong>ABOUT THE AUTHOR<\/strong><\/p>\n<div class=\"flex_column av-9o6fhd-e82892db8b9ea197016d0c28c6d87bac av_two_fifth avia-builder-el-91 el_after_av_one_fifth el_before_av_one_fifth flex_column_table_cell av-equal-height-column av-align-middle \">\n<section class=\"av_textblock_section av-ldag7ncp-9b61c62b2a78152acee0b5278da68a85 \">\n<div class=\"avia_textblock blocksatz\">\n<p><strong>Michael Hengstmann<\/strong> is the founder of and Managing Partner at Executive Interim Partners.<br \/>\nHe is also a co-founding partner and Co-CEO at Management Capital Holding AG, a private equity firm investing in medium-sized companies.<\/p>\n<\/div>\n<\/section>\n<\/div>\n<\/div><\/section><\/div>\n<div class='av-flex-placeholder'><\/div><div  class='flex_column av-94hfb1-61a3cb24886c8bbae751b94cafd9fef9 av_one_fifth  avia-builder-el-66  el_after_av_two_fifth  el_before_av_one_fifth  flex_column_table_cell av-equal-height-column av-align-middle  column-top-margin'     ><\/div><\/div>\n<div  class='flex_column av-pxktp-ecd52d3615e5764fc8ceacefaf7b3db9 av_one_fifth  avia-builder-el-67  el_after_av_one_fifth  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-6dur8d-86777fb6e19bf7979f7983741ddf4bd4 av_three_fifth  avia-builder-el-68  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  column-top-margin'     ><section  class='av_textblock_section av-4cr5kt-f17dde1e1b6ae85e859a44ec0bef6916 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock blocksatz'  itemprop=\"text\" ><p>Prior to joining Executive Interim Partners, Michael was a Partner and Managing Director at AlixPartners, the leading consulting firm for restructuring and turnarounds.<\/p>\n<p>Before that, he was a Partner and Managing Director at One Equity Partners, previously the captive private equity fund of J.P. Morgan.<\/p>\n<p>Michael started his professional career at a family-owned company. He later was Project Manager at Arthur Andersen and Partner and Managing Director at LEK Consulting.<\/p>\n<p>Michael has more than 20 years of experience in executive management roles and complex restructuring mandates, specializing in interim management for operational and financial restructuring.<\/p>\n<p>Michael served as interim Chief Restructuring Officer (CRO), Chief Executive Officer (CEO) and Chief Operating Officer (COO) in several German and international companies with a track record in successfully restructuring, refinancing and turning around companies in special situations.<\/p>\n<p>He is serves and has served as Chairman or Member of the Supervisory Board at several companies in Germany and abroad.<\/p>\n<p>Michael earned his Master of Science in Management with Excellence at Hult International Business School in Cambridge\/USA (formerly Arthur D. Little School of Management) studied Business and Administration at the Universit\u00e4t of Duisburg\/ Germany<\/p>\n<\/div><\/section><\/div>\n<div  class='flex_column av-353v7x-ef1d9c245be2d85e23a0e0eea08ce0f3 av_one_fifth  avia-builder-el-70  el_after_av_three_fifth  avia-builder-el-last  flex_column_div  column-top-margin'     ><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":8,"featured_media":6750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[110],"tags":[],"class_list":["post-7037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publications"],"yoast_head":"\n<title>Interim Manager: The Perfect Fit for Private Equity Investments? - Executive Interim Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interim Manager: The Perfect Fit for Private Equity Investments? - Executive Interim Partners\" \/>\n<meta property=\"og:url\" content=\"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/\" \/>\n<meta property=\"og:site_name\" content=\"Executive Interim Partners\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T16:00:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-26T10:37:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/01\/Private-equity.jpg.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1564\" \/>\n\t<meta property=\"og:image:height\" content=\"746\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"sa_p807gp876zgp0\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sa_p807gp876zgp0\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"16 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/\"},\"author\":{\"name\":\"sa_p807gp876zgp0\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#\\\/schema\\\/person\\\/cb20f8f5a47b3fe1ce5e3afe02479c1a\"},\"headline\":\"Interim Manager: The Perfect Fit for Private Equity Investments?\",\"datePublished\":\"2025-02-06T16:00:53+00:00\",\"dateModified\":\"2025-09-26T10:37:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/\"},\"wordCount\":13250,\"publisher\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/executive-interim-partners.de\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Private-equity.jpg.jpg\",\"articleSection\":[\"Publications\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/\",\"url\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/\",\"name\":\"Interim Manager: The Perfect Fit for Private Equity Investments? - Executive Interim Partners\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/executive-interim-partners.de\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Private-equity.jpg.jpg\",\"datePublished\":\"2025-02-06T16:00:53+00:00\",\"dateModified\":\"2025-09-26T10:37:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/#primaryimage\",\"url\":\"https:\\\/\\\/executive-interim-partners.de\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Private-equity.jpg.jpg\",\"contentUrl\":\"https:\\\/\\\/executive-interim-partners.de\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Private-equity.jpg.jpg\",\"width\":1564,\"height\":746},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/publications\\\/interim-manager-private-equity\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/executive-interim-partners.de\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Interim Manager: The Perfect Fit for Private Equity Investments?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#website\",\"url\":\"https:\\\/\\\/executive-interim-partners.de\\\/\",\"name\":\"Executive Interim Partners\",\"description\":\"Interim Management aus M\u00fcnchen\",\"publisher\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/executive-interim-partners.de\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#organization\",\"name\":\"Executive Interim Partners\",\"url\":\"https:\\\/\\\/executive-interim-partners.de\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/executive-interim-partners.de\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/EIP_rgb.png\",\"contentUrl\":\"https:\\\/\\\/executive-interim-partners.de\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/EIP_rgb.png\",\"width\":708,\"height\":459,\"caption\":\"Executive Interim Partners\"},\"image\":{\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/executive-interim-partners.de\\\/#\\\/schema\\\/person\\\/cb20f8f5a47b3fe1ce5e3afe02479c1a\",\"name\":\"sa_p807gp876zgp0\"}]}<\/script>\n","yoast_head_json":{"title":"Interim Manager: The Perfect Fit for Private Equity Investments? - Executive Interim Partners","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/","og_locale":"en_US","og_type":"article","og_title":"Interim Manager: The Perfect Fit for Private Equity Investments? - Executive Interim Partners","og_url":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/","og_site_name":"Executive Interim Partners","article_published_time":"2025-02-06T16:00:53+00:00","article_modified_time":"2025-09-26T10:37:17+00:00","og_image":[{"width":1564,"height":746,"url":"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/01\/Private-equity.jpg.jpg","type":"image\/jpeg"}],"author":"sa_p807gp876zgp0","twitter_card":"summary_large_image","twitter_misc":{"Written by":"sa_p807gp876zgp0","Est. reading time":"16 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/#article","isPartOf":{"@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/"},"author":{"name":"sa_p807gp876zgp0","@id":"https:\/\/executive-interim-partners.de\/#\/schema\/person\/cb20f8f5a47b3fe1ce5e3afe02479c1a"},"headline":"Interim Manager: The Perfect Fit for Private Equity Investments?","datePublished":"2025-02-06T16:00:53+00:00","dateModified":"2025-09-26T10:37:17+00:00","mainEntityOfPage":{"@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/"},"wordCount":13250,"publisher":{"@id":"https:\/\/executive-interim-partners.de\/#organization"},"image":{"@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/#primaryimage"},"thumbnailUrl":"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/01\/Private-equity.jpg.jpg","articleSection":["Publications"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/","url":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/","name":"Interim Manager: The Perfect Fit for Private Equity Investments? - Executive Interim Partners","isPartOf":{"@id":"https:\/\/executive-interim-partners.de\/#website"},"primaryImageOfPage":{"@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/#primaryimage"},"image":{"@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/#primaryimage"},"thumbnailUrl":"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/01\/Private-equity.jpg.jpg","datePublished":"2025-02-06T16:00:53+00:00","dateModified":"2025-09-26T10:37:17+00:00","breadcrumb":{"@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/#primaryimage","url":"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/01\/Private-equity.jpg.jpg","contentUrl":"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2025\/01\/Private-equity.jpg.jpg","width":1564,"height":746},{"@type":"BreadcrumbList","@id":"https:\/\/executive-interim-partners.de\/en\/publications\/interim-manager-private-equity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/executive-interim-partners.de\/en\/"},{"@type":"ListItem","position":2,"name":"Interim Manager: The Perfect Fit for Private Equity Investments?"}]},{"@type":"WebSite","@id":"https:\/\/executive-interim-partners.de\/#website","url":"https:\/\/executive-interim-partners.de\/","name":"Executive Interim Partners","description":"Interim Management aus M\u00fcnchen","publisher":{"@id":"https:\/\/executive-interim-partners.de\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/executive-interim-partners.de\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/executive-interim-partners.de\/#organization","name":"Executive Interim Partners","url":"https:\/\/executive-interim-partners.de\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/executive-interim-partners.de\/#\/schema\/logo\/image\/","url":"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2019\/11\/EIP_rgb.png","contentUrl":"https:\/\/executive-interim-partners.de\/wp-content\/uploads\/2019\/11\/EIP_rgb.png","width":708,"height":459,"caption":"Executive Interim Partners"},"image":{"@id":"https:\/\/executive-interim-partners.de\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/executive-interim-partners.de\/#\/schema\/person\/cb20f8f5a47b3fe1ce5e3afe02479c1a","name":"sa_p807gp876zgp0"}]}},"_links":{"self":[{"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/posts\/7037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/comments?post=7037"}],"version-history":[{"count":0,"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/posts\/7037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/media\/6750"}],"wp:attachment":[{"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/media?parent=7037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/categories?post=7037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/executive-interim-partners.de\/en\/wp-json\/wp\/v2\/tags?post=7037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}