club deals
2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement May 6, 2021 by Mark Johnson · across every show →
Everything said about club deals, oldest first
May 6, 2021 neutral
Johnson: Mega-cap PE club deals died because fund growth enabled solo buyouts
“And I think that's why as those firms began to grow, you saw a little bit less and less of it because there was more competition going on than there was real value creation because everyone could do the deal pretty much themselves.”
Jun 21, 2021 positive
Toomey: Co-investing in club deals reveals which PE sponsor truly leads
“In the club deals, you have the advantage point of, well, whoo, Who's actually doing the work? Who's actually just a financial investor? And who does management call when they have issues? Who does management defer to in the board meetings? And so that is inva…”