Lovelier the second time around? Marty Fridson column
Private equity firms are sitting on $1 trillion of uninvested capital. That’s why they are buying ‘second-hand’ companies with questionable value potential from other private equity firms.
Love is lovelier, the second time around.
Just as wonderful, with both feet on the ground.
It’s that second time you hear your love song sung
Makes you think perhaps that love, like youth, is wasted on the young.
“The Second Time Around,” by Sammy Cahn and Jimmy van Heusen
The majority of Europe’s leveraged buyouts in the first half of 2010 (€11 billion out of €19.7 billion) were secondary deals, according to Nottingham University. These are transactions in which the target of the buyout is acquired
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