Good Businesses Are Getting Harder To Find

Private equity activity has slowed substantially in the first half of 2012, according to industry sources.  Lots of excuses are used to explain the decline…economic headwinds, the upcoming presidential election, tax and regulatory uncertainty, etc.  However, it really all boils down to this: good businesses are getting harder and harder to find.

So what is a “good” business?  We’ll discuss that in our next post.  Stay tuned…