One mark of a maturing industry is its ownership infrastructure. Over the past few years, there have been increased and significant investments by private equity firms in library systems companies, publishers, and others providing electronic tools and content. As customers of companies being funded through various kinds of investment strategies, particularly private equity, librarians and information managers should be aware of how such investments can affect their operations, budgets, and strategic planning. Two terms frequently appearing in news releases are "private equity" and, related to that, "venture capital." Private equity firms now own many of the major players providing integrated library systems. Depending upon your situation, it is generally a good idea to have contingency plans whenever possible. This is a good business practice, but it is even more important in this time of many changes and uncertainties in the marketplace.