OTH Acquires Bellhart, Expands Hubs to Cut Costs
Macro: coastal marine services consolidate. Key: OTH buys Bellhart, adds 3 NC hubs to cut third‑party costs. Risk: low margins, approvals. Trade: buy OTH on weakness. 🚤 — Viktor Kopylov, PhD, CFA. More insights: t.me/si14Kopylov
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$BILD.V is a “boring” flooring roll-up led by a CEO who understands capital allocation. While the housing sector is weak, co is acquiring assets at 1–2x EBITDA. In 2–3 years, it could be trading at a 13–15% FCF yield, with further roll-up...
Amazon Eyes Globalstar Acquisition; 2028 Target Alerts Triggered
Wow, $AMZN in talks to buy $GSAT Been solid one all year, Jan 2028 calls hit my alerts 3/31 https://t.co/OvcOV5QTT1
Master the Game, Not the Grind: $200M Exit
my friend owned one radiology clinic then he acquired 23 more structured correctly zero personal capital exited the platform for $200M he didn't work harder he learned a different game
Hold Longer, Compound Returns to 25x Instead of 5x
Nothing particularly new here in the capital allocation framework or the underlying idea of holding great assets for longer. It is more of a reminder… But as one speaker at the conference said: if you do excellent work, generate a 5x MOIC,...
Seeking Reliable Metric for OpenAI Secondary Share Pricing
is there a reliable metric on the price of secondary shares for a big startup like OpenAI?
Permanent Equity Unveils Comprehensive Multi‑Fee Structure
After years of resisting industry norms, we’ve decided to modernize @PermanentEquity. Going forward, we will charge: a 2% management fee on committed capital a 2% management fee on invested capital a 2% management fee on appreciated capital a 1% transaction fee a 1% monitoring fee a 1%...
Acquire Smartly, Scale Fast: Boost Valuation Through Strategic Buying
In this episode, Jeremy breaks down the art of buying versus starting from scratch, teaching you how to identify the right businesses to acquire, mitigate risks, and exponentially increase your valuation through strategic scale and financial engineering. Tune in now: 📺 :...
Quincy Jones Estate Sells MJ Catalog Rights to Investors
The Quincy Jones estate sold a large portion of his music rights to HarbourView Equity Partners, which included an interest in Michael Jackson’s albums: Off The Wall, Bad, and Thriller. Jackson’s catalog is believed to be one of the most valuable...
SpaceX Rumored to Acquire Globalstar at SatShow 2026
"Rumors that SpaceX will buy GlobalStar were the buzz at SatShow 2026 last week." https://t.co/YuUnHqkpoE “I think everyone’s convinced that there will be a sale of Globalstar,” @TMFAssociates , founder of the satellite research firm TMF Associates, told @malleven33
Distribution Beats Product Quality in Market Success
People vastly underestimate the power of distribution It's why strategic acquirers always pay the most - they can have your product in 10,000 retail doors overnight It's also the reason to beware of sleeping giants. Slack was obviously the better product, but...
Crocs Paid Half Its Market Cap for Tiny HeyDude Sales
Last year, the Crocs brand sold ~129 million pairs of shoes - or nearly 6x greater than the ~22 million pairs that were sold under the HeyDude brand. In early 2022, Crocs paid ~$2.5 billion for HeyDude. The company's market cap is...
European Lithium Adds Titanium Potential with Velta Acquisition
European Lithium’s Velta acquisition expands its critical minerals portfolio and adds new titanium production potential. https://www.metalnomist.com/2026/03/european-lithium-velta-acquisition.html
Remote Teams Can Depress Startup Acquisition Valuations
One impact of remote or partially remote teams - lower purchase price if startup goes for a smaller exit / M&A (or in some cases acquisition doesnt happen at all) Reason: fewer buyers want fully remote teams, or teams w key...
Build a Deal Flow Engine for Successful Acquisitions
When acquiring a business, building a deal flow engine is key. Here are three things I've learned about building a deal flow engine:
Trading Fixed Dollars for Insight Yields Millions
This is very useful. We've acquired several businesses at WP Engine, and I've invested in ~60, and this is _always_ a challenge. Being able to trade fixed dollars for that insight is worth millions.
SAP‑Reltio Merger Challenges Non‑SAP MDM Users
When MDM Gets Absorbed: What the SAP-Reltio Deal Means for Customers Who Aren't SAP Shops https://t.co/pLHhNYHSPA
T‑Mobile, TPG Team up to Bid for Uniti Group
Hearing on $UNIT -- T-Mobile and TPG are partnering on a bid to acquire Uniti Group [NASDAQ: UNIT], according to sources. TMT FINANCE
Retirement Funds: Too Risky for Buying a Business
Should You Risk Your Retirement to Buy a Business? It might seem like a smart move—but the downside is bigger than most https://t.co/1IbSBmXNes #SmallBusiness & Deal Making #SMB
26North Buys Intermedia, Securing AI-Driven Cloud Scale
26North to Acquire Leading Cloud Communications Firm Intermedia The acquisition agreement between 26North Partners LP and Intermedia Intelligent Communications might look like another private equity move in a crowded communications market, but the dynamics here run deeper. For one, Intermedia has...
Cuban Regrets Buyer, Not Selling Mavericks
.@mcuban on the Mavs sale: "I don't regret selling. I regret who I sold to." https://t.co/4psTnhP8a4
Bankers Demand 3:1 Debt‑equity, You Fund 25%
“The banker [might demand] an ‘opening balance sheet debt to equity ratio of at least 3:1.’ What does this mean?... Basically 25% of the purchase price needs to come from you.” –Borrow from Biz Brokers https://t.co/l2EObkfURN #smallbiz #mergersandacquisitions https://t.co/z7HqTBPGvz
Use a Triage Tool to Secure Small Business Deals
Did someone else get the deal? You should have built a triage tool or just use this one I built for small business searchers like you. https://t.co/d2yvDeY2Va #SmallBusiness & Deal Making #SMB https://t.co/zSo7EexDb3
BoyarValue Predicts Hagedorn Likely to Sell SMG
@BoyarValue talking $SMG on @TheCompoundNews: "You have a 70 year old guy [Jim Hagedorn] who has to be exhausted; the last couple of years have been an absolute disaster. My guess: he's probably going to sell this thing." https://t.co/JuqeMjNda2
Biogen Buys Apellis for $5.6B, Adds SYFOVRE Sales‑linked CVR
1/Another mega M&A deal in the BioTech and Pharma sector with the acquisition of Apellis Pharmaceuticals - $APLS by Biogen $BIIB for $41 per share in cash at closing in a $5.6B deal. In addition, Apellis stockholders will also receive...
Private Capital Disappointment Era Starts, Insurance Intrigue, Decision 2.0
In today’s @FT Due Diligence newsletter: Private capitals disappointment era begins. an insurance intrigue, and The Decision 2.0. https://t.co/I1NYRv0vZ4 https://t.co/3VhyHDtFkB
Private Equity Targets Japan’s Fast‑food Boom
In the land of 🍣🍜🍱 , private equity wants...🍔🍟🍗?! My latest for Businessweek on why major private equity players are investing in fast food operators in Japan https://t.co/stlmwP77Sb
Three Hidden Deal Factors Could Derail Sunway Before Deadline
Everyone is watching whether Sunway extends the April 6 closing date. That is the wrong thing to watch. There are three things sitting quietly in this deal that nobody is talking about — and one of them could end the entire conversation...
Japanese Cross‑shareholdings Shield Incumbents, Hurt Shareholders
Shareholders are supreme under Japanese corporate law, but shareholders' economic interests are not. What is the distinction? Japan is (in)famous for its webs of cross-shareholdings. Suppliers, customers, financial institutions own shares in each other, and always support incumbent management with their...
Organigram's Sanity Deal Boosts EU Reach, Buy Pullback
Macro: Organigram acquires Sanity, expands into EU; Key: 93% vote, BAT financing, 68.6% LTM rev, positive EBITDA; Risks: closing risks, earnout; Trade: buy on pullback — Viktor Kopylov, PhD, CFA. More insights: t.me/si14Kopylov
PE Deal Boosts LatAm Consumer Valuations, Sparks Volatility
Macro: PE buying supports LatAm consumer valuations. Advent to buy 8–10% of Natura at R$9.75; founders exit sparks governance risk. Trading insight: expect near-term volatility. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Even Legacy Founders Eventually Cash Out
Sysco just acquired Restaurant Depot from its 94 year old founder for $29B. Every founder will eventually exit their business at some point.
Acquisitions Accelerate Growth: Favor Mid‑Size M&A Deals
Solid thoughts Art… Compressing “time to scale” is always a good M&a model — as is “owning a loved brand” Facebook was quickly copying WhatsApp and instagram — but decided to accelerate through an acquisition (and got two more swings...
Essential Tips Before Buying a Business
Live Thursday Buying a Business? What You NEED to Know First. Tune in as we discuss what buyers often miss, how deals really work, and why having the right advisors can make or break your next business move. Set yourself...
16% of EasyPost Slated for Auction Amid Merger
16% of EasyPost going up for auction on April 22 according to a LI post from Ben Emmrich of Tusk Logistics. EasyPost is part of Auctane which was acquired by Thoma Romo and now in process of combining it with...
Regulators Let Private Equity Snap Up Failed Banks
Trump bank regulators are ensuring that private equity firms can buy failed banks in a banking crisis. https://t.co/y7N6wWEt7w
Steve Jobs Bought Lucasfilm Graphics, Birthing Pixar for $5M
#MondayMemory. February 3, 1986. #SteveJobs purchased the computer graphics division of Lucasfilm, which became Pixar for $5 million. (Steve Jobs Archive) #JVGpost https://t.co/iaFrkTcado
Private Equity Smooths Portfolio Risk in Volatile Markets
“Private equity (PE) offers significant benefits during periods of market volatility by providing portfolio diversification & lower reported volatility, because PE investments are not publicly traded, they are less susceptible to daily market sentiment, offering a "smoothing" effect that reduces...
Avoid Common Buyer Mistakes That Cost Millions
21 Stupid Things (2016): "my quick book on the stupid things I’ve seen business buyers do... [that have] led to many poor outcomes: working 80 hours a week... losing hundreds of thousands of dollars or being trapped in an [unsellable]...
Buy a $2M Business With Zero Down by Understanding Sellers
Nobody teaches you this in school: You can buy a $2M business with $0 down if you understand how sellers think.
Insiders Acquire Firm at 18% Premium in Privatization
Privatization with a wide ~18% spread. Insiders with majority control are buying out the company’s operations at a price slightly above its cash value. https://t.co/Pesdx9I3wK
Essential Tips Before Buying Any Business
Thinking about buying a business? Before you do, watch this. https://t.co/OXVqZ9Gl7L #BusinessBuying #Entrepreneurship #SmallBusiness #BusinessDeals https://t.co/CUEOFOdAds
Government Funds Reject Sunway Bid, Deal Unlikely
EPF’s abstention was a signal. Formal rejection is a verdict. The investment committee has turned down Sunway’s RM3.15 offer. Says the offer does not reflect IJM’s intrinsic value. EPF holding 20.52%, PNB at 13.3% already rejecting, together with other government-linked funds owning...
Banks Triple PE Lending, Funds Now Highly Leveraged
Banks have tripled lending to private equity and credit since 2018 to over $300 billion. As a result, funds that invest in highly leveraged companies have themselves become leveraged. https://t.co/HbKAJUCFch https://t.co/RAeUMBVcKG
Versant Eyes Acquisition of Vox Media's Podcast Unit
Galloway and Swisher on MSNow? Please, no. Versant Pursues a Deal for Vox Media’s Podcast Business https://t.co/ttTyJjAqXk
Apollo Seeks Southern HQ as Private Capital Shifts South
Big FT scoop: Apollo looks to the south for a second HQ im the U.S. South, where most of the private capital giants future growth will be housed. @sindap @ft https://t.co/Sa4G3yXZnL
Winning All the Time Creates Weak Acquirers
While boarding my flight to New York City for a Serial Acquirers conference, I got a call from my non-entrepreneurial friend, who asked how on earth I was willing to travel all the way from Europe just to stay a...
AI Raises Stakes, Making Traditional PE Valuations Unsustainable
AI is making the penalty for being mediocre massive. And that is why the profit-focused path (and PE’s traditional playbook) is broken. These company valuations will be crushed over time. Maybe <1.5x ARR…Fine if you are bootstrapped, but completely broken for any...
Investors Pile Into Chinese Glove Maker Blue Sail
A recent cluster buy in Chinese glove maker Blue Sail, according to Smart Insider https://t.co/cINzHSKOoq
Seattle Sports Empire Potentially Up for Sale
Is there a Twofer Afoot? 🏈🏀 For Sale: A Seattle Sports Empire? https://t.co/f2DJxWfE1i via @sportico @novy_williams
