Middle market companies have traditionally been owned and operated by an entrepreneur or team of businesspeople who built the business, actively managed it and had a significant, if not controlling, stake in the financial success of the business.
Now private firms and family offices are increasingly acquiring these companies. How does this affect regional and community banks that have relationships with the acquired companies?
Atlanta attorney John Thomson explores what a private equity acquisition of a customer means for an existing bank creditor in BankNews. Read the full article here.