The Globe and Mail reports in its Tuesday edition that rather than try to scale up Lululemon on his own, founder Chip Wilson sold the Vancouver yoga-wear maker to private equity funds, which turned it into a $61-billion global brand. The Globe's Andrew Willis writes that Ron Joyce cashed out at Tim Hortons, pocketing $600-million, and private equity managers transformed the fast-food chain into the anchor of a $32-billion fast-food empire. Add Tricon Residential chief executive officer Gary Berman to the list of domestic CEOs who sold out, rather than scaling up. On Friday, Tricon, one of North America's leading rental real estate companies, announced plans to sell itself for $3.5-billion to one of the world's largest private equity funds, Blackstone. Mr. Willis says that Blackstone's gain is Tricon shareholders' loss. While Tricon's performance has stumbled of late, triggering an activist campaign by a U.S. hedge fund, the company is perfectly positioned on a generational investment opportunity. Whoever owns Tricon is going to provide shelter to thousands of millennials who cannot afford to buy homes and will have to pay steep rents. Blackstone is poised to win this prize at a bargain price, according to analysts.