Most independent sponsors view deal sourcing as the "necessary evil" which precedes real value creation. For them, deal sourcing isn't strategic or continuously improving, but rather the result of "reputation" and "strong relationships."
This misses the mark.
Finding attractive deals at even more attractive prices is the surest way to create value with a new platform. That's why honing your deal sourcing skills is the real moat and differentiator in private equity.
Check today's new episode of the Minds Capital Podcast (YouTube, Spotify, Apple Podcast) with Matt Bodnar.