The Palm Beach Post reports on the inner workings of Boca Raton-based private equity firm Brockway Moran & Partners. The story is anchored to the value and growth the firm has brought to Gold’s Gym since buying the fitness club company in 1999. Managing Partner Peter Brockway speaks to the strategy behind the firm’s success: targeting profitable, privately-held companies in the middle-market segment.
“A lot of times, people don’t understand that a good company can be for sale” Brockway says. The firm has yet to lose money on a deal. Brockway credits the partnership’s low-risk strategy: Brockway Moran targets profitable companies that need cash to grow.
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