With the help of private investor Kidd & Company, Family RV Group has grown its geographic footprint while taking advantage of demographic trends to reach new customers.
While much deal origination is still shoe leather and personal relationships, the profile of the private equity business development professional is changing.
A Senate bill expanding small business aid faces likely approval, the Fed considers improvements to PPP loans, and ACG urges amendments to Main Street Lending Program.
While new lending facilities target a broader range of businesses and have fewer restrictions on private equity backing, they still leave a lot to be desired.