Family Affair: Family Offices and Independent Sponsors Forge Stronger Ties
Family offices and independent sponsors are becoming natural partners in the deal-by-deal ecosystem.
Most family offices started out in the lower middle market, so it is natural for them to want to partner with independent sponsors in the same industry that they made their wealth in, and with such fierce competition for lower middle-market deals, teaming with independent sponsors makes sense.
Family offices want to do deals directly, but it is a lot less work for them to partner with independent sponsors because they handle the deal sourcing and due diligence.
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