News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Private Equity

Private equity firms give up on control for growth

Private equity firms increasingly opt for non-controlling stakes in fast-growing companies

Private equity firms give up on control for growth

When an auction to sell software business Radius Payments Solutions failed, Inflexion deal maker David Whileman saw an opportunity. He promptly travelled to see its founder and chief executive Bill Holmes.

The pair sat down with a blank sheet of paper and started figuring out how they could work together.

WSJ Logo