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"World of DaaS"

Brent Beshore - Private Equity for “Boring” Businesses

Jun 11, 2024
47:30
Snipd AI
Brent Beshore, Founder of Permanent Equity, discusses acquisitions without leverage or fees, business incentives, and efficiency. They talk about running a PE firm long-term, tech, data, and values in business.
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Podcast summary created with Snipd AI

Quick takeaways

  • Permanent Equity focuses on long-term ownership of small businesses, avoiding the traditional quick turnover approach of private equity.
  • Strategic use of 100% equity in acquisitions allows Permanent Equity to prioritize stability and sustainable growth over short-term profits.

Deep dives

Key Point 1: Permanent Equity's Approach

Permanent Equity, as discussed in the episode, focuses on buying cash-generating small and medium-sized businesses with the intent to hold them indefinitely, deviating from traditional private equity practices centered around quick turnover. Instead of heavily leveraging acquisitions, Permanent Equity opts for no debt transactions, emphasizes retaining existing leadership and uses 100% equity, yielding a more long-term, stable approach compared to traditional private equity models.

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