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NewLife Forest Triples its Sustainable Forest Restoration Activities to Help Reduce the Risk of Wildfires Across Arizona
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Lateral’s Annual Cartoons
The Fed’s Quantitative Tightening (QT) is singularly focused on defeating the inflation monster, puncturing one economic bubble after another and returning the economy back to a New Normal. The reversal of the Fed’s unprecedented pandemic-era measures has crushed the bond market and is likely to drag the stock market down further and reveal Unicorns as less mythical and more ordinary. The Panthers meanwhile have potential to thrive with improved labor conditions, and more rational competitive dynamics which favor organic growth and near-term profitability.
Lateral’s “Panther” portfolio companies weathered the stormy seas of 2020-2021 and managed to catch some extraordinary waves into a promising future. The unprecedented government intervention prevented a financial crisis but created a host of long-term issues such as market bubbles, an uneven surge of inflation and negative credit yields.
While the path wasn’t easy before COVID-19, Panther businesses will continue to be nimble and opportunistic over the next 12-24 months in navigating a gauntlet of macro and micro issues ahead, on a treacherous and uncertain path. The business outlook probably won’t clear up until the 2nd half of 2021, when a vaccine is likely to be available and manufactured at scale in the United States.
Different obstacles on the climb to the top: VC, Buyout and Lateral. Business owners have funding choices across different stages of their life cycle in choosing among Venture Capital, Private Equity and Lateral. How an owner-operator climbs the mountain of obstacles to achieve sustainable profitability–and their choice of financial partner–significantly affects the probability of success and the risk/reward in ultimately getting to the top.
The seats around the table for middle market funding are exclusively for Unicorns and Sponsor-backed companies. Even the highest potential, owner-operated businesses are left out. Most non-sponsored and owner-operated U.S. companies aren’t invited to the table for middle market financing which is dominated by startups and private equity sponsor-owned firms.
ADISA 2023 Spring Conference
April 24 – 26, 2023 / San Diego, CA
ACG DealMax 2023
May 8-10, 2023 / Las Vegas, NV
2023 ACG M&A West
May 31 – June 2, 2023 / Napa, CA