New Features and Expanded Functionality further Establish Maestro as the Go-To Platform for Value Creation in Private Equity
Greater configurability, flexibility, and a more connected and seamless experience across the platform for PE sponsors and their portfolio companies seeking a technology-enabled approach to project management, strategy execution, and private equity value creation
New York, NY – DATE – Following the introduction of new features and functionality enhancements, Maestro, the value creation platform for the private equity industry, today revealed that the company experienced significant increases in user engagement and project activity during the first half of 2024.
Overall, Maestro saw a 48% increase in monthly active users on the platform as compared to the same period in 2023. Additionally, Maestro users initiated more than 7,000 new projects during the first half of the year, more than double the approximately 3,000 projects created during the same time a year ago.
Maestro continues to expand the platform’s capabilities to provide private equity sponsors, portfolio management teams, and all stakeholders with a more robust and flexible technology-enabled approach to value creation planning and execution.
“Our product and client success teams spend so much time with both sponsor and portfolio company users to understand how they want to use Maestro in their day-to-day operations and to accelerate value,” said Prasanth Ramanand, Maestro’s Chief Innovation Officer. “These latest upgrades and enhancements were developed, in part, based on feedback from users who will have greater flexibility, more options for configuration, and the ability to have as much or as little detail as desired for analyzing, tracking, and reporting progress against value creation plans.”
The new and enhanced developments introduced within Maestro during the first half of the year include:
- Visualization Powered by PowerBI: Embedded Microsoft PowerBI functionality now provides teams with the ability to unify and visualize Maestro data and more effectively capture and leverage the insights that fuel value creation plans. Users can leverage PowerBI to create standardized templates and dashboards for all individual companies as well as across the portfolio.
- Analytics Upgrades: Users can now bring qualitative and quantitative data together to access a true 360-degree view of performance. KPI tables have been upgraded to be more easily navigable and consumable with greater formatting functionality for how data is presented on screen. Additionally, the input and reporting workflows have been optimized to provide distinct experiences for those who consume data and those responsible for capturing it.
- Reporting Flexibility: Users can now create and export PDF reports with significantly greater configurability, optionality, and greater ownership over the kind of information included. Instead of a standardized template, users can pick and choose the information to be seen in the report and generate robust and detailed PDFs to meet any level of reporting need.
- Project Management Features: Upgrades to Maestro’s project management capabilities bring its functionality on par with best-in-class project management solutions. With greater depth, more detail, and unlimited levels of subtasks and dependencies, users can seamlessly blend standard project management functionality with value creation analysis and customized reporting all inside Maestro.
Finally, Maestro continues to enhance the overall interconnectivity around core features to offer a more cohesive and customizable experience.
“With increased frequency, PE firms and portfolio companies are adopting Maestro and deploying the platform to institute a formalized and operationalized approach to value creation and strategy execution,” said Ramanand. “We will continue evolving and expanding the capabilities of the platform to meet the needs of our users today and in the future.”
About Maestro
Maestro is the value creation platform designed exclusively for the Private Equity industry. Backed by S&P Global, Accordion Partners, and several General Partners from the PE industry, Maestro helps PE sponsors modernize their operations and maximize value creation within their portfolio through active portfolio management and collaboration with portfolio company management teams. For more information, please visit: https://maestro.goat-digital.com/.