CEO Turnover is Highest in PE-backed Technology Buyouts
33% of PE-backed technology buyouts in 2023 have replaced their CEOs in less than a year.
It's commonly believed that the CEOs of companies acquired by private equity firms are likely to be replaced. However, is this perception really accurate? The truth is somewhat mixed. While CEO turnover is indeed high in the year following a buyout, especially in technology companies, it’s not as prevalent across sectors as one might expect.
