The pandemic is stress testing everything, and COVID-19 may finally kill several BD strategies already in decline.
About Mark Gartner
This author has yet to write their bio.
Meanwhile lets just say that we are proud Mark Gartner contributed a whooping 69 entries.
I just read (and re-read) an article that suggests a third of Americans are now showing signs of clinical anxiety or depression according to Census Bureau data from May of 2020.
NEWPORT BEACH, CA May 08, 2020 – Private equity firm ClearLight Partners announced today that it has made an investment in ICS, a provider of IT managed services, in partnership with ICS’ owner, Kevin Blake. Terms of the transaction were not disclosed.
Something is up in the world of IT services. Investors are flocking to MSPs like the salmon of Capistrano.
To date, Coronavirus has claimed over 95,000 lives globally across 209 countries, the Dow Jones has lost approximately 20% of its value from a peak in February1, businesses across all sectors have been forced to furlough and/or lay off employees and, in some cases, close, and most states have ordered residents to remain at home to slow the rate of infection.
The basic definition of a “do well by doing good” industry is one where you can achieve financial success as a result of owning or operating a business that benefits society.
2019 was another strong year for ClearLight. We were pleased to complete one new platform investment, several add-ons and one exit.
Clear Outcomes.ClearLight Partners LLC is a private equity firm specializing in control investment transactions, management-led industry consolidations and minority / growth capital investments. Since inception, the firm has raised $900 million of equity capital across three funds and invested in over 20 platform companies.
- Creative Destruction: How Private Equity BD May Change ForeverSeptember 3, 2020 - 3:09 am
- Never Let a Good Crisis Go to Waste: Themes & Sectors to Watch During and After COVID-19July 14, 2020 - 12:25 am
- Jordan Selleck of 51 Labs interviews Mark Gartner on ClearLight’s history and the past, present and future of private equity deal sourcing.June 1, 2020 - 12:33 am