Searchlight Capital’s Zinterhofer Sees Bifurcated M&A Market

Searchlight Capital Partners founding partner Eric Zinterhofer said he thinks dealmaking has bifurcated, with multiple buyers competing for good assets at high prices while less-viable companies are kept off the market.

Acquisitions have shifted in part to strategic buyers rather than private equity sponsors, Zinterhofer said Wednesday on the weekly Bloomberg Deals show.