Publications
Buyout
AI puts business models to the test
Artificial intelligence is fundamentally reshaping the rules of the game in the software sector – along with the valuation logic in capital markets. After years of rising multiples, a clear correction has now set in: while operating performance remains largely stable, business models that are more exposed to disruption from generative AI are coming under increasing pressure.
At the same time, technological progress is opening up new avenues for efficiency gains and monetization.
In their article, Vaishnavi Katamreddy, Head of Buyout, and Alexander Cousin, Vice President Buyout at Golding, analyze the implications of these developments for private equity. They explain why the traditional SaaS buyout model is reaching its limits and what new requirements are emerging for institutional investors. The focus is on the role of AI in due diligence, the targeted selection of fund managers, as well as key levers for sustainable value creation and exit readiness.
Read the full article by Vaishnavi Katamreddy and Alexander Cousin, published in the BAI Newsletter III/2026 here.
Further Articles
