It seems that in the world of private equity, middle-market funds are enjoying the greatest success in this bleak deal-making landscape. The main reason given:
…small and middle-market firms are getting the attention of the PE shops because they can be had without piling on gobs of debt
Right now, they are also considered a relative “bargain” in the marketplace. Despite the uncertainty surrounding the economy, there are still deals to be had. PE funds with cash and who deal with smaller to mid-size banks not burdened by the troubles of the larger institutions are see opportunity – and are pouncing.