press releases

Leveraging Purchase Power

Washington D.C. — October 18, 2006 — Alaris Consulting presented the topic of ‘Leveraging Purchase Power’ as the guest speaker at the October meeting of the DC/Baltimore chapter of the Private Equity CFO Association (PECFOA). The meeting was held at the offices of Kirkland and Ellis. Michael Deering, CEO of Alaris, co-moderated the discussion with PECFOA board member, Chuck Dieveney, CFO of JMI Equity. Over 25 investment professionals attended including CFOs from both venture capital and private equity firms in the region. Drew Scielzo, Principal of Allied Capital, also participated in the discussions sharing his thoughts and experiences about implementing and managing shared spend programs at two private equity firms, The Riverside Company and Allied Capital.

The topic of ‘Leveraging Purchase Power’ is particularly relevant to private equity firms who are continuously seeking new and innovative ways to increase the value of their portfolio of companies. Purchase Aggregation (Shared Spend) methods have produced a significant impact to EBITDA and can be implemented in less than a year. Shared Spend offers a two tier benefit; individual portfolio companies recognize an increase in EBITDA and their owners (private equity firms) realize a multiple of this EBITDA improvement upon recapitalization or divestiture.