By partnering
with a private equity firm like Carrick, Mavenlink is able to leverage their experience.
Not exact matches
To finance the company's deals, the company also behaved largely
like a
private equity firm, relying on debt and joint ventures
with real estate investors.
«The
equity investor, New World Ventures, is a leading Chicago venture capital /
private equity firm that backs companies
with sustainable technological advantages
like SMS.
Indeed, according to Graham Elton, partner
with Bain & Company and head of European
private equity at the
firm, many now go so far as to maintain full - blown «shadow portfolios» of companies they
like, drawing up detailed business plans long before they ever come up for sale so they are ready to pounce.
The
private -
equity firm, which is focused exclusively on the restaurant industry and has worked
with brands
like Taco Bell and Denny's, said the partnership will recapitalize the company and accelerate new store growth across the Midwest and beyond.
It is notable however that recent years have seen this open and co-operative spirit monetised,
with volunteer - based networks
like Couchshare, based around trust and giving, being overtaken by AirBnB — an outfit that converts its users into small - scale landlords and capitalists
with the
firm's
private equity owners making a killing.
Rick Noble, CEO of Haights Cross Communications too sounded optimistic of the new arrangement, saying: «
With their world - class digital platform and new eBook offering rapidly gaining momentum, the timing is perfect for Recorded Books to be joining a quality, growth - oriented
private equity firm like Wasserstein & Co..