"Goldman Sachs Group Inc.’s private-equity unit and Thomas H. Lee Partners agreed to buy GCA Services Group, a custodial-services provider, from Blackstone Group LP." http://www.bloomberg.com/news/articles/2015-11-16…
Not the sexiest business, but the $50Bn industry is highly fragmented (top 4 companies own 10% of industry revenue) and somewhat recession proof. Wondering if anyone has dug into the space much and what your thoughts are about it?
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