Private equity notes and comments

Private Equity and Boats

January 11, 2011 | By

I love boats and boating.  But one thing I don’t understand is private equity’s occasional interest in boats and boating. When private equity groups outline the characteristics of businesses that interest them – namely high margins, barriers to entry, low capital requirements, recurring revenues, etc., I think software, business services, and IT.  Boat builders generally churn [...]

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