Why Non-Control Investing Is Gaining Ground
Trivest Partners' Jamie Elias discusses the benefits of private equity firms pursuing a minority investment in family-owned businesses.
For business owners interested in private equity investment but not quite ready to divest control, PE firms’ pursuit of a 51 percent stake isn’t always low enough to convince a founder to sign a deal. But for years, pursuing a minority stake in a business often involved a headache of nontransparent, complex agreements.
Jamie Elias, Partner at Trivest Partners, speaks with GrowthTV about why Trivest launched its Trivest Growth Investment Fund, or TGIF, dedicated to pursuing minority investments in founder- and family-owned businesses. He explains the response from business owners to this investment strategy, which businesses make the best targets for minority acquisitions, and what’s next for Trivest’s TGIF.
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