Add-On Acquisition Strategy: How Buy-and-Build Really Works
How private equity add-on acquisitions create value: multiple arbitrage, synergies, building an add-on pipeline, integration planning and the risks that sink buy-and-build strategies.
Deal sourcing, fund economics, LP fundraising and acquisition mechanics for investors, search funders and emerging managers.
How private equity add-on acquisitions create value: multiple arbitrage, synergies, building an add-on pipeline, integration planning and the risks that sink buy-and-build strategies.
How carried interest works in private equity and venture capital: the 2 and 20 model, hurdle rates, catch-up, European vs American waterfalls, clawback and how carry is split within a firm.
What a fund of funds is in private equity and venture capital, how the structure and double layer of fees work, the benefits for investors and how emerging managers can approach them.
A beginner's guide to angel investing: eligibility, how much to invest, portfolio size, finding deal flow, evaluating startups, terms to understand and mistakes new angels make.
Where to find single and multi-family offices, how to work out their investment mandate, how to get introduced and what family offices look for in direct deals and funds.
A practical guide for emerging managers raising a first VC or PE fund: which LPs back first-time funds, how to build an LP list, what to put in the pitch and how to run the raise.
A step-by-step guide for emerging managers starting a VC fund: building a track record, defining a thesis, fund size and portfolio construction, legal setup, fundraising and operations.
A practical guide to valuing small and lower middle market businesses with EBITDA multiples: calculating adjusted EBITDA, choosing a multiple, SDE vs EBITDA and enterprise vs equity value.
What a letter of intent (LOI) to acquire a business includes: price, structure, working capital, earn-outs, seller notes, exclusivity and diligence, plus tips for buyers and sellers.
How lower and middle market private equity firms source deals: intermediary coverage, proprietary outreach, thesis-driven sourcing, add-on pipelines, data tools and how to measure what works.
What the private equity secondary market is, how LP portfolio sales and GP-led continuation vehicles work, how pricing and discounts are set, and why secondaries have grown.
A step-by-step guide to proprietary deal flow: defining a buy box, building target lists, writing owner outreach that gets replies, follow-up cadence and nurturing owners over years.
A plain-English explanation of a quality of earnings (QoE) report: how it differs from an audit, what it tests, typical findings, cost drivers and how sellers can prepare with a sell-side QoE.
Compare revenue-based financing and venture capital: how each works, true cost, dilution, control, which businesses suit each, and how founders combine them.
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