Analyzing a Pandemic | GrowthTV

June 25, 2020

Middle Market Growth’s Editor-in-Chief Kathryn Mulligan sits down with Andy Greenberg, CEO of GF Data, a firm that collects proprietary data about private equity-backed transactions, to discuss the data points he’s been watching in the deal environment during the COVID-19 pandemic.

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Who Are You?

May 13, 2020

Last month’s commentary aptly titled Nobody Knows Anything elicited a strong response, mainly in agreement that the conventional methods for valuing most businesses are currently inoperative. If you cannot calibrate risk, you cannot come up with a risk-adjusted view of value. Thus, the deals that were and are getting done fall into a handful of categories in which the investment proposition makes sense notwithstanding the temporary loss of traditional metrics.

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“Nobody Knows Anything”

April 2, 2020

Attempts to gain perspective on the deal market in the midst of coronavirus have reminded me of this ageless observation from the screenwriter William Goldman:

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In the Thermocline

February 26, 2020

In its just-released February report, GF Data turned to an oceanographic term to describe the state of the middle market, noting that all of the action is in the thermocline the layer in deep water subject to significant temperature change even when the surface temperature is changing hardly at all.

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Heading for the Exits

December 10, 2019

As my GF Data partners and I travel the country, one question dominates every conversation regarding this improbably long-lived seller’s market: “What inning is it?”

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Still the Same

November 21, 2019

Generally favorable market conditions for private business sellers continued to prevail in the third quarter, according to GF Data’s just-released November report.

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