Mario’s guest for this podcast is Greg Duggan of Alcorn Partners. Alcorn’s investment strategy is aimed at profitable lower midmarket businesses – often family-owned enterprises – that are ready to take the next step toward professionalized management. Investments are long-term in the truest sense – up to 20 years or more – and portfolio companies can be in any industry in Canada or the U.S. As Greg notes, Alcorn’s long-term commitment is attractive to exiting founder-owners and avoids the common private equity mistake of selling too early, as well as being advantageous from a tax perspective.
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