research.
5 posts tagged research.
Independent sponsor economics in 2026: what the cohort actually earns
Real fee, carry, and rollover ranges for fundless sponsors, pulled from the McGuireWoods survey and the law-firm primaries that nobody quotes in full.
The operational signals that precede a PE exit
McKinsey and Bain tell you about cycle conditions. Public web data — LinkedIn, company sites, job boards, press — tells you which specific portfolio companies are quietly tightening up for a process, months before the bankers get the mandate.
What the HVAC roll-up SERP is missing
The HVAC roll-up SERP is full of playbooks and short on data. Here is the size of the universe, the cohort the consolidators are actually buying, and the signals worth scoring.
What an open EBITDA multiples database would actually need to do
Every result on page one for EBITDA multiples by industry 2026 is either a public-company aggregate from January or a private-company range with no sample size. Here is what a live, sortable, filing-driven version of that table would have to ship.
The 2026 state of founder-led business acquisition
Where the founder-led-acquisition thesis is grounded in public data, what the public record actually shows, and what a buyer can ask of the data.