Private equity is devouring the economy as boomer entrepreneurs exit—but a new approach to employee ownership can change that

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Private equity roll-ups are gaining traction. The industry is growing five times faster than the U.S. economy as a whole and effectively “devouring” it. And there are rising concerns about PE’s impact on affordability and market power.

Private equity companies are in the business of making money, and industry roll-ups present an opportunity to do so efficiently for several reasons: