In this video, Paul Evans breaks down the concept of private equity add-ons, explaining how they play a pivotal role in buy-and-build strategies. He highlights the significant rise in private equity acquisitions and discusses how add-ons provide business owners with opportunities to sell a portion of their company while bringing in a strategic partner. This approach not only grants access to new resources but also allows owners to reduce personal risk and position their business for future growth. Understanding the risks and rewards of private equity add-ons is essential for business owners considering this strategic move.