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Gerson Lehrman, PE's secret weapon, gets a PE investment

Posted on December 19, 2007 at 1:26 PM
Filed under: Acquisitions
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One of the ways some private equity investors size up a business or a market in a hurry is by tapping the experts network run by Gerson Lehrman Group, the highly successful New York startup that connects them with people who actually work in the relevant industry. As we reported in August, some corporate buyers have also been taking a leaf from the PE playbook and turning to Gerson Lehrman. Wednesday comes evidence that one PE firm is betting the business will continue its rapid growth. Silver Lake has paid $200 million for a 25% stake in GLG. — Kenneth Klee

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