Podcast: Bob Lohfeld Jr. on the power of private equity
- By Nick Wakeman
- May 29, 2019
Bob Lohfeld Jr. , founder and CEO of Sev1Tech, explains why he sold his mid-tier company to a private equity firm.
The decision wasn't about cashing out -- he's not going anywhere -- but the infusion of resources from DFW Capital Partners will give Sev1Tech the ability to accelerate its growth.
The acquisition of Sev1Tech is just one of many involving private equity firms buying mid-tier platforms. And Lohfeld's interview gives us unique insights into why more of these deals are happening in today's market.
Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.