Wed, Jul 24, 2019
A A A
Welcome Guest
Free Trial RSS
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

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Private real estate fundraising nosedives in 2Q 2019, hitting a five-year low[more]

    Laxman Pai, Opalesque Asia: Private real estate fundraising decreased significantly in Q2 2019 from the previous quarter, hitting a five-year low, Preqin said in its quarterly update on real estate. Forty-seven funds reached a final close, raising just $29bn, which marks a sharp decrease fro

  2. Regulatory: SEC reforms open door to BDC market shakeup, Regulatory rollback: First set of Volcker Rule reforms finalized[more]

    SEC reforms open door to BDC market shakeup From Reuters: The US Securities and Exchange Commission's (SEC) fund of funds proposals potentially open the door to a shakeup in the Business Development Company (BDC) market. Under the existing guidelines, regulated funds are prohibited from

  3. Regulatory: New PFIC regs released, relevant to ILS & hedge fund reinsurance strategies[more]

    From Artemis: The U.S. Internal Revenue Service and Department of the Treasury has published a new set of proposed regulations relating to passive foreign investment companies (PFICs), which are relevant to many in insurance and reinsurance, but have particular relevance to certain ILS and hedge fun

  4. Tech: Investors seek an edge by using technology that reads between the lines, Wall Street's tech transformation, Investing in artificial intelligence and automation[more]

    Investors seek an edge by using technology that reads between the lines From Fortune: Ever since British economist JohnMaynard Keynes first declared that investors are prey to people's urge to act,however irrationally, the financial world has tried to quantify the impact ofpublic sentim

  5. Opalesque Exclusive: Structural Alpha Holdings launches to offer hedge funds permanent capital solutions[more]

    Bailey McCann, Opalesque New York: Taussig Capital is launching a new vehicle - Structural Alpha Holdings. Structural Alpha Holdings builds on Taussig Capital's expertise advising hedge funds on how to create banking, insurance, and reinsurance companies to generate permanent capital. St