Beshore on the Lower Middle Market

Brent Beshore with some comments on smaller PE deals.

“My advice to someone interested in buying a company for the first time is to have at least three years of runway available. The first year will be spent generating opportunity costs. The second year will be spent negotiating, re-negotiating, diligencing, and likely failing to close a deal. The third year is when something from the first year comes back around and can get done.”

https://www.adventur.es/the-micro-pe-reality-check

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