Ian Rickwood, founder and chairman of Henley Investment Management: “We see car washes as the next self-storage. The market has already attracted capital from corporate buyout private equity, such as KKR and Blackstone. However, we also see an opportunity for the private equity groups to follow suit in the near future, given the relatively low operational aspects of the business.”
Tim Wentworth, CEO of Walgreens, on Sycamore Partners’ plan to take the pharmacy chain private: “Sycamore will provide us with the expertise and experience of a partner with a strong track record of successful retail turnarounds.”
Chad Gregory, CEO of the United Egg Producers, on the avian influenza outbreak and egg prices: “The onslaught of new cases has compounded the problems for egg farms’ ability to recover, and it will take time to restore the nation’s egg supply.”
Angela Me, who edits the W