Private Equity Bigwig Makes CRE Play

March 29, 2019 – Media Mention
The Real Deal

Morris DeFeo was quoted in The Real Deal discussing the acquisition of New York-based software company SiteCompli, by private equity firm Insight Venture Partners. Commenting on the possible strategy for the acquisition, DeFeo said, "[f]or a firm the size of Insight, the game plan might be to build out a portfolio company to a scale that makes it desirable either to take public or to sell for a big markup." Speaking generally, he further noted, "[i]f you have a company that is a good base to build on, you can use it as a platform to do other acquisitions and achieve some scale. The combined value will be greater than the sum of its parts.”