Venable Partners Michael Baader and Chuck Morton were quoted in a December 10 Baltimore Business Journal article discussing an increase in private equity fundraising and investing in the greater Baltimore area.
On economic factors changing the way companies and investors negotiate, Baader said, "Companies are being selective and private-equity buyers are being selective because we're certainly still in a low growth environment."
He added that they are striking deals because interest rates and valuations of companies are still low, and in many cases they are once again able to also tap credit markets to buy companies using both cash and borrowed money.
With regard to growth in specific industries, Morton noted that government contracting, cyber security, education and analytical technology industries were displaying more "robust growth."
On economic factors changing the way companies and investors negotiate, Baader said, "Companies are being selective and private-equity buyers are being selective because we're certainly still in a low growth environment."
He added that they are striking deals because interest rates and valuations of companies are still low, and in many cases they are once again able to also tap credit markets to buy companies using both cash and borrowed money.
With regard to growth in specific industries, Morton noted that government contracting, cyber security, education and analytical technology industries were displaying more "robust growth."