Private capital markets have remained extremely active in recent years as company leaders and financial sponsors seek to utilize flexible, non-control capital solutions to generate partial liquidity, accelerate organic and inorganic growth, and optimize their balance sheets.
Minority recaps have been among the most popular solutions as potential structural levers help drive attractive valuation premiums amid a volatile market when the high cost of debt has muted control-oriented valuations. As the demand for alternative liquidity and capital solutions shows no signs of abating, the William Blair Private Capital Markets group has advised on a bevy of these transactions across an array of sectors. Year to date, the team has advised on five minority recap transactions, raising over $2.5 billion in capital.
