The Morning Leverage: For Private Equity, Some (Final) Rest And Relaxation

By Thomas Dunford

Mike Lucas for Dow Jones

Here’s a look at the top stories in this morning’s LBO Wire:

Recurring thoughts of death are a sign of depression, so we’re a little concerned for the private equity industry’s mental health these days. After all, today’s LBO Wire brings news that Great Hill Partners is purchasing obituary website operator Legacy.com, while Kiel Porter at LBO Wire’s U.K. sister publication Private Equity News reports that Duke Street Capital bought a majority stake in funeral services company L.M. Funerals. Hopefully, PE will soon turn its attentions to some slightly less morbid companies.
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