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Middle Market Growth
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Recently on ACG's podcast
The Middle Market Growth podcast features in-depth interviews with M&A thought leaders and middle-market dealmakers.
Thought Leadership
May 05 2026
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.