The baby boomer generation owned more companies in the US than any other generation ever in history.
20 percent of the US population will retire between 2013 and 2029, and it is estimated that $10 trillion dollars in existing business value will exchange hands.
With Baby boomers retiring, there is a lot of business value in the market that we can take advantage of. With the coming slowdown, the companies that didn’t sell in the last 5-10 years can be purchased at deep discounts, allowing us to get in at a good basis, create value over time all while taking advantage of more flexible terms from sellers. The return profiles can be much higher than Real Estate and other industries.