23 May Inside the Mind of an Acquirer: Brent Beshore on the Private Equity Trap and Being Long-Term Greedy
Private equity firms are the most likely buyer for your business—and some do a fine job preserving what makes a company great. But many are financial engineers. They offer a generous multiple, then lever up the business, cut costs, and flip it within a few years. Longtime employees get let go. Culture erodes. You walk away with a check, but it can feel like selling out. In this edition of Built to Sell Radio, Brent Beshore offers an alternative. He started as a business owner—not a banker—and now runs Permanent Equity, a firm that buys companies using 30-year capital. No debt. No flip. No rush.
