Data Governance = EBITDA multiple expansion
22 days ago • 4 min readHey there Reader! We're in the 'ice age' time of year with 10+ inches of snow forecast to fall here in the mid-Atlantic. No time for chill with clients and prospects though, who are all well into their stride and pushing hard towards ambitious 2026 goals! Luckily for me, I'm heading south to Florida this weekend rather than shovelling snow, spending the weekend with Greg Isenberg and his team to talk building distribution as a moat and play with all the latest AI tech to see how we can...
READ POSTWhat breaks when a buyer opens your data room
about 1 month ago • 3 min readHey there Reader!January is a busy birthday month in my house, with both my children, me, and the dog all celebrating another trip around the sun. As the last in line chronologically, I look forward to enjoying my reused but substantially deflated balloons when mine comes around.January is also when the markets ramp back u,p and we are off and running already.- My friends at ACG released their mid-market outlook report, sharing that deal makers are sharpening their pitches and picking their...
READ POSTPE exits are back. Except for you.
about 1 month ago • 6 min readHey there Reader! I'm back in the newsletter hot seat after a hectic but fun holiday season, visiting family back in the UK. Over the years, I've learned to define rest on my own terms rather than other people's. So while we were dashing around a lot over the break, I feel fully ready to charge into 2026 at full power, and I hope you are too! Your best year ever may be ahead of you! Out on the PE scene: Cautious optimism is in the air as year-on-year deal volumes continue to move in the right...
READ POSTThe AI Manhattan Project won't work (but yours can)
2 months ago • 5 min readHey there Reader! I'm in the midst of a final flurry of travel, preparing clients to start strong in 2026. I can't believe how fast it becomes the time of year when the elves are on the loose and we finish the workday in the dark, but here we are! This week's Deep Dive feature is focused on the U.S. government's much-feted AI Manhattan project - a fascinating endeavor. Beyond that, in the world of PE and data: Adobe’s $1.9 billion acquisition of Semrush signals that the future of marketing...
READ POSTLessons From Nvidia's $57B "Disappointment"
3 months ago • 4 min readHello Reader! It's been nice to be home and do a lot of leaf collection last weekend. The fierce winds of late left most of the trees with bare branches, and confirmed (if there was any doubt) that yet another year is flying by! After my downer on hospitality last week, it surprised me to see that private equity investment in Topgolf has made major headlines this week, with a defining transaction: Leonard Green & Partners, a major private equity firm, is acquiring a 60% majority stake in...
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