Market commentary Sep 2014
Riverside partner on PE hold periods and exits in the trades
Riverside partner Sarah Roth describes the firm's typical 3-10 year (avg 5) hold period and need to sell companies to generate investor returns, framing PE behavior in home-service franchising.
“We hold onto our companies on average for five years, sometimes as short as three years, and sometimes as long as 10 years. It’s part of the natural life cycle for us in order to generate a return for our investors. No matter how much we love a company, at some point, we have to sell it in order to generate a return.”
Entities
HVAC
Source: www.achrnews.com
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