The Searchlight Capital Partners founding partner said on Wednesday that strong assets are drawing multiple bidders and high prices.
He added that weaker companies are being kept off the market, limiting deal flow for less-viable businesses.
Zinterhofer said acquisitions have shifted partly toward strategic buyers rather than private equity sponsors, highlighting uneven conditions in current dealmaking.
With trillions in dry powder, why are private equity firms being outpaced by strategic buyers for top-tier assets?
What is the ultimate fate of companies failing to attract buyers in this sharply divided M&A recovery?
How does AI now determine which companies thrive and which are left behind in the current M&A market?