Entries tagged "David Turner"
At the Deal's M&A Outlook 2009 conference, dealmakers Jay Rothman, a partner at Foley & Lardner LLP, and David Turner, managing director, head of private equity at Guardian, debated the M&A outlook for the middle market in 2009. Rothman argued that strategic acquirers are concerned about visibility while developing acquisition strategies for 2009. "I expect that in the regulatory climate there will be a paradigm shift, certainly on the regulatory side, that will impact even middle-market transactions," he said.However, Turner said there are plenty of middle-market opportunities to be had. "If this next fourth recession is any harbinger of what...
At The Deal's M&A Outlook 2009 conference on Wednesday, attendees were very clear in saying there was much work to do in this shaky deal environment, such as creating crafty ways to finance....
The Deal's middle-market editor Nathaniel Baker asked panelists at the M&A Outlook 2009 conference on Wednesday where money is flowing.Jonathan Peskoff, managing director of investment banking in the M&A group at FBR Capital Markets Corp., said in this market he has been the busiest he's been in the last four years. One obvious reason is the credit meltdown. "Valuations are low," he said, "but to build business, private equity firms or cash-rich strategics are coming in and buying small companies. They are providing much needed cash and offering their deep management expertise to build those small businesses out."On the...