Perspectives

Data-backed views on M&A markets and deal strategy.

Case Study·April 2026

The weekends they got back.

A Dallas wholesale produce distributor's team was working weekends just to keep the books afloat. Six weeks later: bank financing secured, product profitability visible for the first time, and the team has their weekends back.

Case Study·April 2026

Before they could raise, they had to know what they had.

A specialty healthcare clinic group had a fundable business and a clear expansion thesis. What they couldn't do was tell the story. Nine months later: financials transformed, VDR built, raise closed.

Case Study·April 2026

Building the machine.

A wholesale appliance distributor validated the unit economics for franchise expansion. Now comes the harder part: building the systems, team, and AI-native infrastructure to make it replicable.

Case Study·April 2026

From the C-suite to the cap table.

A senior executive left corporate life to build their own company. Deep domain expertise. Everything else starting from zero. US entity, offshore product team, website, growth funnels, first customers — here's what it took.

Case Study·April 2026

The business they couldn't see clearly.

A telecom services consulting firm — drive testing, network rollouts, RF optimization — had the technical expertise. What it lacked was the business infrastructure: valuation, reporting, operations, BD, CRM. Here's what changed.

Healthcare·March 2026

Healthcare M&A hit $926B in 2021. By 2024 it was $353B. That gap is your window.

Deal count is down 46% from peak. Large PE is chasing mega-deals. The $10M–$30M healthcare services space is undercompeted right now.

Valuation·March 2026

The small company discount is real. Your $20M business won't trade at the same multiple as a $200M one.

Market-wide M&A multiples make headlines. But a $5M EBITDA business trades at 4.0–5.5x — not 6.45x. Understanding this gap is the difference between overpaying and finding a deal.

Distribution·March 2026

Distribution M&A: 11,000 deals, $1.3T in 2025. Here's what it means for buyers.

The most active sector globally. High deal volume means more motivated sellers and cleaner comparable data — but also more competition.