Private Equity Majors Closely Watching Companies in Distress

Private Equity majors are closely watching companies in distress, economic activity going bad, higher demand for money to fund expansion and they are ready to hunt for bargains. As per a report published by the Telegraph, nearly 70 percent of private equity firms said that they are evaluating deals to buy companies (or acquire majority stake) in distress. While economists are arguing over V-shaped or U-shaped recovery for the economy, private equity firms have set their eyes on the best bargain they can get for their money.