9/11/2012 4:38:00 PM
Battery Ventures' investment in software company Consona yielded one of the last decade's best ROIs for any private equity firm investing in enterprise software. But did that success come at the expense of Consona's R&D? TEC principal analyst P.J. Jakovljevic says no. Instead, the secret to Battery's success was simple: it ran Consona better—and made the company more valuable in the process. Details in P.J.'s latest report.