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.

“When you look at these large-cap, big companies, growth is challenged in many sectors and M&A can help drive growth, drive synergies,” he said. “So you’re seeing a lot of large-scale M&A, which I think we’ll continue to see over the next year.”

Zinterhofer expects his own ...