Deal Lessons
The Deal That Taught Me Synergies Are Mostly Fiction
Every acquisition model has a synergies line. Almost none of them survive contact with the org chart. Here's the deal that taught me why.
June 8, 2026 · 2 min read
Lessons from acquisitions, integrations, capital allocation, rollups, negotiations, and deals that looked better in Excel than they did in real life.
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Deal Lessons
Every acquisition model has a synergies line. Almost none of them survive contact with the org chart. Here's the deal that taught me why.
June 8, 2026 · 2 min read
Capital Allocation
It's not that dealmakers can't do math. It's that every incentive in the process points the assumptions in one direction: up.
May 26, 2026 · 2 min read
Negotiation
Everyone reads the price. The page that decides whether you'll be happy in two years is the one about what happens between signing and closing.
May 12, 2026 · 2 min read
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