Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investcorp releases liquidity guidebook for family owned businesses

Thursday, April 25, 2019

Bailey McCann, Opalesque New York:

Family owned businesses represent approximately 80-90% of the 30 million businesses in the United States according to the Conway Center for Family Business, and the vast majority of those are middle market businesses. That creates a significant opportunity for middle market private equity, but for families and founders that are looking at the investment landscape, there are often a lot of questions about what the choices are. A new paper from Investcorp looks at how the market has shifted, putting more power in the hands of business owners.

"We're in an environment where there are more options for founders and families than ever before in terms of how you want to structure a sale or an investment," says David Tayeh, Head of Private Equity-North America and Investcorp. "For businesses that are high quality and have differentiated themselves, owners really have the upper hand in the market right now. Moreso than we have seen at other points in history."

In the paper, Tayeh and Kirk Fleischer, a Principal in Investcorp's Private Equity - North America group, outline how a perfect storm of cheap financing, robust economic growth, and a growing number of people nearing retirement age has meant that more businesses are seeking outside investors. Competition for deals is heating up, giving sellers the power.

In this market, private equity has emerged as an increasingly dominant provider of growth capita......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1