Registration for ACG's DealMAX 2027 is officially open!
The premier conference for middle-market M&A returns to the ARIA Resort and Casino in Las Vegas May 3-5, 2027, bringing together the most influential private equity dealmakers, investment bankers, lenders, M&A partners, and strategic acquirers, all under one roof. Learn More.
Over the past 15 years, the meaning of the term "sponsor" in the private equity context has evolved to include several alternatives to the standard committed private equity fund model. These "nontraditional" or "alternative" sponsors have established their relevance in the lower-middle market and are even competing for – and winning – true middle market deals.