So when you think about private equity, you can think of it as a chain that you can use to grow a business. So a lot of times what happens in this chain is you'll have a Private equity fund that'll come in, they'll raise money and they'll say we are going to roll up X, Y or Z industry. We've done our market analytics, we have the money to do it, we're going to go and buy five, let's say for the fact that I've done a deal in the roofing space. (13:33–13:40)
CLAIM
Asserts that private equity funds raise money to consolidate industries.
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