Why Middle-Market Businesses Need an Industry Specialist Investment Banker - Interview with Pierre Villere
"The independent producer is going the way of the corner drugstore, the corner hardware store, or the corner grocery store."
This is the third interview in our Entrepreneur and Family-Owned Business Interview Series.
These interviews are designed to help entrepreneurs and family businesses think through the benefits, implications, and consequences of taking outside investment.
As part of the project, I am interviewing private equity fund managers, middle-market investment bankers, attorneys, accountants, and consultants that advise privately held firms.
This interview is with Pierre Villere, the President and Managing Partner of Allen-Villere Partners, an investment banking firm with a national practice in the construction materials industry. Pierre has four decades of experience advising middle-market companies in the construction materials industry, including ready mixed concrete, aggregates, concrete products, and asphalt firms.
In this far-ranging interview, we discuss:
- The evolution of investment banking in general;
- The construction materials industry;
- The benefits of using an industry specialist investment banker, and;
- Considerations for entrepreneurs and family-owned businesses thinking about taking outside investment.
You can access the interview transcript here.