Webinar
Insight Webinar: Driving PE Value Creation with Luc Arsenault and the Baker Tilly team
Driving PE Value Creation: why “IPO readiness” is the wrong goal, and what replaced the private equity playbook of the last decade.
Insight Summits founder Nicholas Milano sits down with Luc Arsenault, Managing Principal and Private Equity Practice Leader at Baker Tilly, for a deep dive into what has actually changed in private equity, and what leading firms are doing about it. Speed, inexpensive leverage and multiple expansion drove returns for a decade. Today buyers are selective, holds have stretched, and earnings quality and cash flow predictability decide outcomes, moving the operative question from “how do we get this deal done?” to “can we make this a fundamentally better business?”
Luc shares insight into how Baker Tilly is helping PE firms drive that improvement: the back office reframed from cost center to strategic asset; tax strategy built once at the top and cascaded through portfolio companies so decisions can be modeled after-tax; the discipline of backing the few drivers that genuinely move enterprise value; and an extended look at private-to-public (P2P) transformation — why the goal is to be operating as a public company before the IPO, not scrambling to become one after.
This episode launches our co-hosted webinar series with Baker Tilly, Exclusive CPA Partner of the Insight Summits North America Private Equity Series for 2026–2027.
Chapters
- 0:00Welcome
- 0:47Baker Tilly named exclusive CPA partner
- 2:41Luc Arsenault: background and Baker Tilly's PE practice
- 4:51Serving private equity as one ecosystem, not by service line
- 8:08The investment journey: diligence, value creation plan, scaling, exit
- 10:49Why "IPO readiness" is a dated concept
- 13:19Q&A: what has actually shifted in the PE market
- 16:38How the integrated model differs from a traditional CPA relationship
- 19:41Building a tax strategy playbook that cascades to portfolio companies
- 21:15The back office as a strategic asset, not a cost center
- 23:47Private-to-public transformation in practice
- 28:10Closing remarks and upcoming events
About Baker Tilly
Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers. Our dedicated private equity practice serves more than 4,600 private equity firms and portfolio companies, ranging from middle-market firms to global funds and multibillion-dollar enterprises. We understand the unique opportunities and challenges of private equity investing and partner with investors, portfolio operations teams, and senior management to create value throughout the entire investment lifecycle.
Connect
- Luc ArsenaultManaging Principal, Private Equity Practice Leader, Baker Tilly
- Baker TillyCompany page
Further reading
- IPO readiness is no longer enough: Why PE portcos need a P2P transformation
- Why M&A cannot pause during the public company journey
- Rethinking partnership tax distributions: Balancing fairness, liquidity, and complexity in private equity
