Todd Boudreau discussed the competitive marketplace in the evolving private equity industry in a Law360 article.
“You see people who maybe they were a fund manager at a bigger fund and now they want to branch out or do something specifically in an area they’re passionate about,” Todd said, noting that there is a growing number of independent sponsors.
Todd also spoke about add-on, or bolt-on acquisitions, noting that “most folks are trying to figure out the ‘buy and build’ strategy.”