Entries tagged "James Epstein"
At The Deal's Fifth Annual Private Capital Symposium Marc Kramer, managing director at Fenway Partners Inc., James Epstein, partner at Pepper Hamilton LLP, and Steven Rattner, managing director at DLJ Merchant Banking Partners, spoke about the middle-market valuations. "I think sellers are understanding that the type of multiples they could sell at in '06 were unprecedented, unrealistic and probably not going to happen again in the near future," Rattner said. "I would say there are still a lot of private equity firms that are sellers in this market, and while their outward communication may be, 'We would like to wait...
At The Deal's Fifth Annual Private Capital Symposium, James Epstein, a partner at Pepper Hamilton LLP, spoke about deals in the middle market. In this clip, Epstein outlines some of the trends he is seeing in regards to financing middle-market transactions. "I think that one of the things that we will start to see, and I know that we have already started to see in some of the larger cap funds, is that some of the larger cap funds are investing in middle-market transactions because they are looking for places to put their money. I think we are also going...
Today, the middle market is a robust, fertile area of dealmaking in a veritable desert of megadeals. A year earlier, before the credit crunch pinched the ability of buyout firms to execute deals over $1 billion, a panel at The Deal's 2007 Private Capital Symposium discussed how most firms had abandoned the middle market to niche players. ...
