- WHITE PAPERS
"Still, the Papa Murphy's transaction shows that the deal environment appears to be stacked in the sellers' favor. After a two-year pause, billions of dollars of uninvested private-equity money is sloshing around out there looking for deals. Consumer-focused private-equity types say that there are a limited number of exciting food concepts out there. When a Papa Murphy's goes on the block, buyers are willing to bake in a lot of hope."