Insights

Where value is really created.

Perspectives on the marketplace, M&A reviews, case studies, the trends we're tracking, and the playbooks behind our work.

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Case study
Case study · Transactions

Underwriting a distressed sports franchise

A heritage club lost three quarters of its value in eight months. The pipeline the price rested on cleared at 24%.

Case study · 9 minRead
Trends · Smart-decisions

Key Trends to Monitor in 2026

Six shifts we're tracking — private credit, agentic AI, the democratization of private markets.

Mar 2026 · 5 minRead
Featured
Market review · Transactions

2025 M&A Review & 2026 Outlook

Financial-services dealmaking roared back — value up 49%. What drove it, and what carries into 2026.

Jan 2026 · 7 minRead
Case study
Case study · Performance

Resetting a global back office

Mapping the operating model and benchmarking every vendor took out $77M in annual cost.

$77M annual savingsRead
Case study
Case study · Transactions

Scaling a credit manager through M&A

Diligence to Day 1 on a transformational alternatives acquisition — ~$55M in net synergies underwritten.

~$55M net synergiesRead
Thesis
Market trends · Thesis

Value has shifted from advice to execution

AI has commoditized research and frameworks, and leverage no longer reliably produces returns. Value now has to be built operationally.

Our thesis · 4 minRead
Case study
Case study · Performance

Private bank goes self-clearing

An operating-model change to a self-clearing BPO platform unlocked $102M in net new revenue.

$102M net revenueRead
Playbook
Playbook · Transactions

Six Golden Rules of M&A

The operator's field guide to getting a deal done — and realizing the value after close.

Evergreen · 6 minRead