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Joseph Weissglass Quoted in LevFin Insights About Founder- and Family-Owned M&A Activity
Atlanta, GA — Configure Managing Director Joseph Weisglass was recently quoted in an article by LevFin Insights discussing how founder- and family-owned businesses could help change the tide and bolster deal flow amid M&A scarcity.
Private equity firms tend to be drawn to these types of businesses because of their local presence and connectivity to their community. Sponsors can step in to bolster company growth through financial capital and operational expertise.
“We expect [founder- and family-owned] sellers to be active and an outsized portion of M&A activity in 2024,” said Joseph. “Private equity sponsors are primarily looking to return capital through dividend recapitalizations but are less likely to be sellers in this difficult exit environment.”
To read more about Joseph’s insights, view the article here: https://v2.creditsights.com/articles/10412581