The explosion of private equity capital into the middle-market over recent years has created unprecedented opportunities for small and middle sized private companies. Possibly your company has been directly approached by private equity firms. Distinguishing between the literally hundreds -- if not thousands -- of private equity firms in the marketplace is virtually impossible for a private company. Many are highly experienced, discrete, patently fair, knowledgeable, and timely in making decisions. Others, though, may not be so. The potential risk and reward to the business owner is unusually high.