Larry DeAngelo, Managing Director and Head of Houlihan Lokey’s global Business Services Group, spoke with Middle Market Growth about the strong valuations and sponsor interest of companies within the business services sector. In an article analyzing how dealmakers forecast companies’ future performances during a continued period of uncertainty, Mr. DeAngelo notes, “The balance sheets are very strong across all of the sub-verticals that fall under business services. I think if you see any slowdown, it will be a function of price. But if sponsors think they can grow revenue and create operational efficiencies, many of them are still willing to pay.”
Read the full article on Middle Market Growth’s website.