You’ve Got Mail: Private Equity’s Cold Call Surge
Prospective sellers face an onslaught of cold calls and emails as buyers desperately look to put money to work.
In 2020, Taylor Wallace and Mike Mayleben bought a doggy daycare in Tampa and over the next three years expanded to four locations. After adding the second site, the unsolicited emails from potential buyers started flooding in.
First, says Wallace, it was flattering that buyers were interested in their growing business. But eventually, the ongoing barrage of inquiries became difficult to navigate.
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