2min chapter

Dry Powder: The Private Equity Podcast cover image

Buy-and-Build: The Dealmakers

Dry Powder: The Private Equity Podcast

CHAPTER

The Importance of a Stable Industry

The next chapter is likely going to be mergers of the consolidators. Over the last 30 years as we've watched that, that's just riskier. A creative tuck-ins, you have certain multiple arbitrage that you take advantage of. We can't really predict with a high degree of efficiency five years from now where any one industry is going to be.

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