|
We noted last week the state of play with the Fed’s battle to slay the inflation dragon without also cratering the entire village. The prospect of increasing spreads on top of a five percent-plus benchmark rate has dampened enthusiasm for M&A and financings.
Nevertheless we find private equity sponsors in the traditional middle market space remaining constructive around opportunities heading into next year.
Experienced buyers have long-established strategies buying and building businesses with high growth potential. They are guided by senior operating executives who layer add-on companies onto platforms at lower purchase price multiples, bringing down the effective overall entry cost...
✎ From the Editor: The Lead Left will be on its Christmas break and will return the week of January 9, 2022.
| 
