PE HUB--A Public Forum for Private Equity
Jun-16, 2009
PE HUB: Huntsman Gay Global Capital is a new fund in deal-doing mode during a painfully slow time for buyouts. How is the firm approaching the deal market?
Steve Young: We’re busier now than we were a year ago. Right now M&A is more event-driven with business owners still out there wanting to diversify risk and take chips off the table. It seems sellers expectations are finally beginning to moderate on price a bit. In this unique environment, we’re certainly looking at it all, but we’re very clearly sticking to our knitting. Our operationally intensive style allows us to grow companies of all styles, regardless of cycle.
Our partners collectively have done over 200 deals. We really are industryagnostic. I would term us multi-industry specialists. There are silos of industries, and if you look at the track records of our managing directors, there are ones that stick out.
Read more of Steve Young's interview: PE HUB--A Public Forum for Private Equity, June 16, 2009
