Bill Prevost, CEO of Paladin Capital

As CEO of Paladin Capital, Bill Prevost wants to do business acquisition and ownership transfer via an Employee Stock Ownership Plan model. But the distress that hit smaller companies in the trucking industry — fallout from the pandemic — shrunk his deal pipeline because he's looking for companies of a certain fitness. In this conversation, Prevost talks about how that affected his firm, ESOPs and their popularity, and his outlook for 2021.