Why Smaller Businesses Need Private Equity

Small businesses facing the “wonderful mess” that is the US and global economy today need to become “small giants” by tapping the resources, expertise and networks that a private equity firm can provide, according to Terrence Mullen, a Partner at New York-based Arsenal Capital Partners. In a Privcap interview, Mullen describes the mission of his firm and why he focuses on acquiring smaller businesses. He also explains the need for entrepreneurs to strengthen their management team and expand internationally. Mullen also details the impact that cash-flush corporations are having on deal flow.