Rick Kes

It's the less attractive assets, the assets that haven't created efficiencies, that haven't built in scalable technology, that haven't been able to integrate bolt-on transactions effectively. Those are the organizations that haven't traded. So I think, again,

I think we really want our clients to focus on what they can control and becoming efficient and making their asset as, you know, attractive to a potential buyer, whether it be, you know, the next three weeks or in the next three months or the next three years.

I think we really want our clients to focus on what they can control and becoming efficient and making their asset as, you know, attractive to a potential buyer, whether it be, you know, the next three weeks or in the next three months or the next three years.

Yeah. I mean, that's, that's, you know, the cycle we continue to see in business forever, right? Like overreaction to negative news, sometimes an underreaction to positive. And it just, you know, maybe a little bit more time to elapse to have that positive effects in, you know, kind of come together. So again, we'll see, you know, what, what happens if that cycle continues to repeat itself or, you

Yeah. I mean, that's, that's, you know, the cycle we continue to see in business forever, right? Like overreaction to negative news, sometimes an underreaction to positive. And it just, you know, maybe a little bit more time to elapse to have that positive effects in, you know, kind of come together. So again, we'll see, you know, what, what happens if that cycle continues to repeat itself or, you

You know, if this is a new version of the cycle where, you know, maybe it is a longer term kind of turned down than we would have expected.

You know, if this is a new version of the cycle where, you know, maybe it is a longer term kind of turned down than we would have expected.

Thanks, Scott.

Thanks, Scott.

I don't think it's accretive to the deal market. I think the noise does have its impact in the private equity world, just because it creates so much uncertainty. What will happen next sort of thing and how it may impact, you know, a business's overall value proposition, you know, and whether you're in health care or banking or manufacturing, you know, like there are.

I don't think it's accretive to the deal market. I think the noise does have its impact in the private equity world, just because it creates so much uncertainty. What will happen next sort of thing and how it may impact, you know, a business's overall value proposition, you know, and whether you're in health care or banking or manufacturing, you know, like there are.

Positives and negatives to lots of different things that are happening from a legislative perspective, depending on the industry, the market, etc. So I do think that the overall uncertainty

Positives and negatives to lots of different things that are happening from a legislative perspective, depending on the industry, the market, etc. So I do think that the overall uncertainty

typically isn't good for deal makers because they're not sure how to price in the uncertainty risk and how to kind of address that within their valuation and their modeling and all those kinds of things because uncertainty is something they just can't really predict the future for. So I do think it does have its contagions to the private equity market.

typically isn't good for deal makers because they're not sure how to price in the uncertainty risk and how to kind of address that within their valuation and their modeling and all those kinds of things because uncertainty is something they just can't really predict the future for. So I do think it does have its contagions to the private equity market.

You know, it's really difficult to kind of have a prediction just because I think so much has happened in the last three months that has been unpredictable. So I guess to dodge your question as best as I can, I don't have a prediction. And it's maybe not so much on the reasons that you outlined, but more on the reasons of like it's just an unpredictable situation that we have.

You know, it's really difficult to kind of have a prediction just because I think so much has happened in the last three months that has been unpredictable. So I guess to dodge your question as best as I can, I don't have a prediction. And it's maybe not so much on the reasons that you outlined, but more on the reasons of like it's just an unpredictable situation that we have.

So we're not really sure what could or might happen.

So we're not really sure what could or might happen.

Ja, ich meine, Scott, ich denke, ich nehme es zurück zu den Grundlagen und kontrolliere das Kontrollable. Und ich denke, unsere Theorie seit langem ist, dass du dein Bestes tust, um super effizient zu werden. Bringe dein Geschäft zu einem A-Qualität-Asset und lass den Geräusch den Geräusch sein.