Your article about leveraged buyouts ("Banking on the Entrepreneur," September 1983) was well done, but you left out some of the major players, such as Gibbons, Green, van Amerongen and ourselves, Narragansett Capital Corp. We have participated in 80 leveraged buyouts over a 22-year period, having done the first one in September 1961. Of course, at that time they were not called leveraged buyouts.

I agree with Leonard Shaykin that this will be an expanding field as companies wake up to the possibilities. I only hope that the practitioners will keep their heads so that the area will not become too overheated.

Published on: Feb 1, 1984