Author Bio
Daniel W. Vena, CPA, CGMA is a long-term investor searching for intangibles that provide explosive growth opportunities in his investments. He served on active duty with the US Army and has a Bachelor s degree in accounting.
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There s little doubt that the best path to generating long-term wealth is investing in quality companies and holding them for years, if not decades. Achieving even an average stock market return still easily eclipses the rates offered by your neighborhood savings and loan. However, investors that are willing to do their homework can achieve significantly greater returns, hastening them along their path to financial independence.
March 19, 2021
Private equity firms covet data and analytics businesses that combine elements of providing data, analytics for that data, and software to incorporate the analysis for their clients, says
Trent Hickman, managing director of
VSS, a New York-based lower-middle-market private equity firm.
“It’s not just having a ton of raw data,” he says. “It’s being able to use that data and easily pull out insights that are actionable. An ideal business would incorporate all three elements, and when you can do that you will become mission-critical for your customers.”
Trent Hickman
PE firms like the fact that the revenues for companies in the sector are frequently mission-critical and subscription-based, Hickman says.