Business Services Industry
Choice Bits; Excerpts from recent Editor's Choice blog entries on CrainsCleveland.com.(Briefs)
Crain's Cleveland Business, April, 2007
In private equity, boutique buys are big business * Stewart Kohl, co-president of Cleveland-based private equity firm The Riverside Co., was one of the players quoted in an April 12 Fortune magazine story about the rise of smaller buyout boutiques. "With Blackstone going public, KKR doing more deals than ever, and rumors of a $50 billion buyout of Dow Chemical swirling (despite the company's denials), it seems like the story of private equity over the past few years is a constant march toward bigger and richer,'' the magazine noted.
"So it's easy to lose sight of the fact that private equity is not all huge deals and superstar firms. In fact, the vast majority - nearly nine out of 10 - of all private equity deals are still under $1 billion.'' Fortune...
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