Berkshire Partners, Kevin Callaghan and Larry Hamelsky – Culture and Compounding at Parts Town (S1, EP.04)
Private Equity Deals with Capital Allocators
The Leverage Has Worked Out Nicely
The company hunkered down during the pandemic. It had been a very successful chapter, but we kind of both looked at each other and said, this chapter is too early to end. So it made sense from our standpoint to have another chapter. The levers have worked out nicely. We've learned the hard way that if too many things have to go right, they get a decent return. And I'd say 201, I think they appreciated the merits of parts town as much as we did.
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