Pulling Back the Curtain: An Insider’s View of Private Equity

Private equity is an active, dynamic part of the global economy, and an important driver of economic growth. It touches almost every industry, geography, and market, affecting every business landscape within which it competes. With that said, the industry seems to receive significant “air time” from political candidates during every election cycle, and is rarely portrayed in a positive light. What is private equity? Is it a force for good…..or for bad? This conversation provides a behind the scenes look at private equity, and will explore what the industry is, how it works, how it can be an effective tool for entrepreneurs seeking to grow their companies, and how it can be an attractive exit strategy for business owners who have built sustainable enterprises.


toms_pic2.pngThomas M. Turmell, Managing Director - TMT Capital
For over 31 years, Mr. Turmell has provided capital and advisory services to small, medium, and growth businesses. His background includes diverse experience managing financial and operating aspects of companies, including: investment/capital deployment analysis and execution; financial planning; strategic planning; corporate structuring; investor negotiations/relations; lender relationship management; vendor negotiations; and leading continuous improvement initiatives. Prior to founding TMT Capital, Mr. Turmell held the position of Principal at Golub Capital, providing senior debt, junior debt, and equity capital to middle market companies. Mr. Turmell joined the firm in 2004 to establish and build the firm’s Chicago office, make new investments, and participate in portfolio management. Before Golub Capital, Mr. Turmell was a Vice President with Pfingsten Partners, L.L.C., an operationally–oriented, middle market private equity firm focused on making control investments in middle market companies in the manufacturing, distribution, and publishing sectors. Before Pfingsten, Mr. Turmell was a Vice President at LaSalle Bank, N.A., providing credit and non–credit financial solutions to middle market manufacturing, distribution and service businesses.