On the surface, family businesses and private equity couldn’t look more different. Private equity groups once had the reputation of being ruthless dealmakers. Meanwhile, family businesses were often seen as careful long-term stewards. Today, the reality is different—and families need to be educated on how private equity trends affect their businesses.
From June to July of this year, several stories highlighted the challenges facing private equity firms. Travis W. Harms recent article, “Private Equity and Family Business,” looks at those developments and what they might mean—directly or indirectly—for family businesses.
Become a Member for Your Expertly Curated Advice
Joining the Family Wealth Library means access to the information the legacy builders need to navigate family dynamics and protect our wealth. We can keep what is ours by managing familial challenges and building trust and transparency.