Mergers and Acquisitions — Deals That Make Sense

Much of what happens in 2008 will be dictated by the success of the industry itself, Cronin contends. And when private equity deals don’t work out, it can cast doubt on the viability of that model. The perception might not be accurate, but it exists.

“Some people don’t realize the industry is so huge and fragmented, and that there are so many different segments,” he says. “Just because one area isn’t successful, it doesn’t mean that the overall situation is bleak. People sometimes look at it that way, especially from a financing side.