Seller Insights: Michael Tremain of Sovereign's Capital
What does the sale of a business look like from the perspective of a private equity partner? In this less-traditional version of our Seller Insights series, we sat down with Michael Tremain, managing partner of the private equity group at Sovereign’s Capital. Tremains’ group focuses on investing in companies in a wide range of industries that have revenues between $10 million and $100 million, and owner earnings of $3 million to $20 million. When it came time to consider a sale of one of their portfolio companies, RestorePro, Tremain advised the ownership group, which included management, to engage FourBridges. In this interview, Michael gave us a look into how a decision-heavy sales process works with private equity involvement.