Sharp thinking on capital, value and risk.
Research notes, market commentary and practitioner perspective from the partners who advise boards through their most consequential decisions. Considered, evidenced and written for people who act on it.
Speak with an advisorThe mid-market M&A reset: where disciplined capital wins in 2026
After two years of compressed multiples, transaction volume is recovering — but on new terms. We map the sectors where strategic acquirers are paying premiums, and why preparation now separates clean exits from stalled processes.
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Refinancing into a higher-for-longer rate environment
Beyond the multiple: stress-testing your enterprise value
Building a board-ready scenario framework for FY27
Private credit and the new shape of growth capital
Carve-outs done right: separating value from complexity
Working capital as a strategic lever, not an afterthought
What resilient operating models look like under tariff volatility
Pricing private companies when public comparables disagree
The IPO window in 2026: reading the signals before you file
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