GLG Cuts Deal with Silver Lake
Tonight the NY Times reported that Gerson Lehrman Group, the newfangled Web 2.0-ish (in the sense that it's tech-heavy and peer-to-peer) equity research outfit, has sold a 25% equity stake to Silver Lake Partners. According to the NYT, the deal values GLG at $875-million.
Impressive stuff, especially considering that GLG was started back in 1999 by two young guys. Congrats to everyone at GLG.
