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Good afternoon, all. Today, we’re reading about asking the 5 whys to get at the root cause of internal problems. Chief Executive discusses the importance of communication, which improves employee curiosity, learning and innovative thinking.

Meanwhile, Harvard Business Review weighs in on the impact private equity firms can have on innovation. While not always the main goal of the private equity firm, firm innovation is often an unintended effect of the financial security brought to the table by a PE-backing.

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Transaction Toolbox

Middle Market Move of the Week:

The era of the specialist private equity firm has arrived. North Castle, a private equity firm focused on consumer businesses that promote, healthy, active and sustainable living recently bought middle market Sprout Organic Foods.

Sprout Organic Foods is a leading brand in the organic baby food market, and looks forward to the extensive experience North Castle brings as a specialist in the natural and organic food market. Read the full press release here.

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