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Apr. 29, 2016
Private equity continues search for add-on buyouts in soft credit market
Despite a lackluster start to the year for private equity funds, middle and lower market add-ons hit records for the industry.
Daily Journal Staff Writer
Prodded by an unpredictable market and softening lending conditions, private equity firms continue to seek out add-on acquisitions, or deals that bolster the scale of existing portfolio companies, as opposed to large-scale leveraged buyouts.
This 10-year trend - which soared to record heights last year and continued into the first quarter this year - highlights a strateg...
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