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Steve Nelson, Intrepid’s Head of Financial Sponsor Coverage, was recently featured in the Los Angeles Times for his article on why the change is good and how businesses are seizing opportunity even in a down market.
In his article, Steve writes that many of the Intrepid founders have navigated the M&A seas for more than four decades and seen multiple cycles and societal changes. However, the past 18 months have been different. We all experienced moments of doubt, questioning the right next step, often with grave consequences for our businesses, employees, towns, and families. Assignments were put on hold, processes were delayed, capital markets came to a halt unable to price risk in a landscape beset by fog.
But despite all this, he believes that in every market disruption there is opportunity not only to survive but to thrive. The winners recognized this opportunity and acted swiftly to capitalize on it. Those who did not missed out.