I’m happy to report that my private equity fund, the Great Lakes Investment Fund, made it’s first acquisition today! Spectacular building and spectacular return on investment for a spectacular partnership group. And positive cash flow on day 1. Not a bad business model.
Well this is it – after eight months of work, countless emails and phone calls, and a couple of dozen hours of negotiations, the UD private equity deal comes down to this: two pages of changes required by me to the seller’s 200 pages of highly restrictive and completely one-sided closing documents. Will the deal live? Will it die yet again, and for the last time?? –insert dramatic music here– Stay tuned . . . .