Alvarez & Marsal’s Jay Moody, Managing Director, Global Transaction Advisory Group, spoke to Mergers & Acquisitions about his reaction to President Biden’s infrastructure bill.
“The bill includes programs that will improve the nation’s roads and bridges, repair more than 24,000 buses and 5,000 rail cars, and construct new electric-charging infrastructure,” said Jay Moody. “Those projects will require construction and maintenance services. Many private equity sponsors already own successful businesses that serve these markets and will see an increase in demand for their services.”
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