Doug Casey on the Private Equity Takeover Nobody Is Talking About
2 Articles
2 Articles
Doug Casey on the Private Equity Takeover Nobody Is Talking About
International Man: Private equity firms used to be associated with big corporate deals, but now they’re buying up plumbing companies, HVAC businesses, roofers, dental practices, veterinary clinics, car washes, and other small, boring, cash-flowing businesses all over the US. What do you make of this trend? Doug Casey: It’s not a sign of healthy capital allocation. Brokers are packaging all manner of cats and dogs to generate fees and commissions…
While the exit market has had its best quarter in two years, a handful of mega-cessions mask an increasingly difficult asset stock to dispose of.
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