Archive

Browse Weekly Multiple briefings and Deal Files on what was bought, what changed, and where value was created.

M&A

+4

Deal File No. 002: Airtable and the Optionality Tax

Aug 5, 2026

•

5 min read

Deal File No. 002: Airtable and the Optionality Tax

What happens when software built to preserve choice meets an owner built to impose focus.

Weekly Multiple

+2

The Weekly Multiple #001: The money is hiding in the middle

Jul 31, 2026

•

5 min read

The Weekly Multiple #001: The money is hiding in the middle

Private equity loves deleting middlemen. This week, it spent billions buying the ones it can't.

Business Services

+3

Deal File No. 001: BGIS and the consequence premium

Jul 24, 2026

•

5 min read

Deal File No. 001: BGIS and the consequence premium

How a facilities company moved closer to the failures its customers cannot afford.