Private equity is devouring the economy as boomer entrepreneurs exit-but a new approach to employee ownership can change that
Briefly

Private equity companies efficiently profit through industry roll-ups by consolidating fragmented markets, acquiring companies from retiring baby boomers, and reselling at higher valuations.
While private equity firms excel at transactions, their operational capabilities are limited, leading to company owners realizing they can beat PE by creating roll-ups internally.
Read at Fortune
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