In announcing the sale of its Pennsylvania newspapers to Alden Global Capital Thursday, the Lynett family which had owned the papers for 128 years gave this heartbreaking statement:
Most family news…
You've put in years of blood, sweat, and tears - the business is thriving, and now you're asking yourself, "what next?"
A private equity partnership, one that allows you the freedom of time and autonomy without giving up too much equity or going into debt, could be the answer.
Now you can retire, expand, or reduce your role as head management because you have an experienced operator lending proprietary, alternative investment strategies, and sound operational facilities.
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