Ed McNicholas Discusses CCPA in WSJ Pro Private Equity
In an article published by WSJ Pro Private Equity, privacy & cybersecurity co-leader Ed McNicholas discusses the anticipated impact of The California Consumer Privacy Act (CCPA) on the private equity industry. The law will take effect in January 2020, significantly affecting the operations of companies that collect personal data about California residents. In the Sept. 13 article “PE Firms Brace for New Frontier in U.S. Data Privacy Regulation,” Mr. McNicholas notes that at least 25 U.S. states and territories have proposed bills similar to the CCPA. For the private equity industry, the California law is “putting privacy much higher on the agenda when looking at acquisitions and the value of portfolio companies,” he says.