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Schwab Network

M&A in a ‘Waiting Game’ Amid Tariff Volatility

8 min4 mars 2025

Kyle Brown, CEO of Trinity Capital (TRIN), says the dam is “starting to break” for M&A activity. He reacts to tariffs and the market sell off, but says his business hasn’t seen impacts. He nods to vast sources of capital like private equity “waiting to bite the bullet” and thinks overall the sector is in a waiting game.


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