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15 results for “acquisitions”
National Gypsum, US Gypsum, that's RJR Nabisco was the biggest of the buyouts. It almost went under, but not quite. So that changed things. It made it hard to get the capital for buyouts. The leveraged buyout business actually had to reinvent itself.
13:29 / 14:31
from transcript13:29 – 14:31
It really depends on the situation. I mean, private equity buyers are are not looking for the highest growth names, and so they're looking for moderate growth. They used to be looking for very low growth and just do turnarounds. Then they started loo
41:09 / 42:17
from transcript41:09 – 42:17
$600,000,000,000 worth of transactions in the buyout world got done. To put that into context, that's the fifth biggest year ever in the history of buyouts. So a big uptick in deal making and not just on the amount side, but the number of deals was u
1:31 / 2:39
from transcript1:31 – 2:39
So we're using it directly in the portfolio in investments that we're investing behind, but we're also using it in tools in a business like Sedgwick that is managing claims, And how do you use the AI tools to be more efficient in how you get at, at a
20:17 / 21:22
from transcript20:17 – 21:22
there are a lot more bargains. I mean, a lot of the indices have come back too close to their all time highs, but it's been concentrated in now it's the magnificent seven because Nvidia is part of that and Tesla. And a lot of the comeback has been in
36:43 / 37:54
from transcript36:43 – 37:54
There's two really real reasons that they can pay bigger valuation multiples for the companies on the sale from our managers. One is the companies are just better, higher quality. So that gives them the ability to do it. The other is they have the ab
45:00 / 46:05
from transcript45:00 – 46:05
You're right. There's been changes. The biggest change was the blossoming of the LBO business, which really came on big in eighty four point five. The LBO business leveraged buyouts could be done if you had 50,000,000 of capital, you could buy a bill
12:45 / 13:46
from transcript12:45 – 13:46
the industry had figured out that unloved businesses that weren't part of somebody else's core, but were good businesses in and of themselves could be invested in, and you could get revenue growth margin expansion and multiple expansion on the back e
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from transcript15:37 – 17:07
warrants. We we need a little extra kicker here. Like, there's some sort of desire for that? No. In fact, it was the opposite. I think that the institutional investors and, you know, my investors in this, 98.7 of the capital was allocated to these gu
21:43 / 22:55
from transcript21:43 – 22:55
in nearly every industry. So as a public market investor, if you can identify those opportunities, select them where the management team has the right leadership in place to execute against this, you could make real money. The problem is most of thes
29:02 / 30:14
from transcript29:02 – 30:14
And when you're ready to launch, go to squarespace.com/twist to get 10% off your first website or domain purchase. That's squarespace.com/twist, the longest running partner for This Week in Startups because they were a startup and they still build th
11:10 / 12:23
from transcript11:10 – 12:23
One question I often get, which I think is certainly somewhat of a concern, is part of our thesis of what we do and what our managers are doing is they're taking these smaller companies that bigger private equity firms can't and don't want to invest
44:11 / 45:22
from transcript44:11 – 45:22
In 1991, we had our first crisis and many of the prominent LBOs of the eighties went under. Macy's, Federated, National Gypsum, US Gypsum, that's RJR Nabisco was the biggest of the buyouts. It almost went under, but not quite. So that changed things.
12:43 / 13:49
from transcript12:43 – 13:49
That's really the state of play and where we're seeing the private equity industry evolve. That's leverage, having that relationship, be able to call and say, hey, Joe. Why don't we go grab a cup of coffee and chat before I Absolutely. That's really
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from transcript8:19 – 9:23
was actually an anomaly. And I'm talking about the ten year period where central bank interest rates were zero. And year after year, debt was cheap, GDP growth was positive, and therefore, I had kind of a built in multiple expansion mechanism going a
9:40 / 10:53
from transcript9:40 – 10:53
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