Picking the Best Fruit Most Private Equity executives agree that the ideal target is not a train wreck but a firm with just a few areas that need improvement. Sometimes a firm has grown too big and complex for the founder to manage alone. The company may need financing, help in streamlining systems and operations or advice on products or services to develop next. But at its heart, the ideal target firm is sound. “We’re looking where we can immediately accelerate growth.” The flip side is that …” if there are (more than a few) areas that need improvement, if the downside is too great, we don’t do the deal.” Source: ” How Do Private Equity Firms Create Value?” Knowledge @ Wharton, July 11, 2013. http://knowledge.wharton.upenn.edu//article/3307/cfm.