Kautilya is currently advising a U.S.-based searcher seeking to acquire established operating businesses with $2M+ in EBITDA, primarily across California and the broader West Coast. The search is focused on businesses with meaningful recurring or repeat revenue, strong operating fundamentals, stable cash flows, and durable customer relationships. While there is particular interest in professional services, real estate services, trade and vocational education, and other service-oriented businesses, the mandate remains industry-flexible, and we welcome opportunities across a broad range of sectors. We are actively engaging with business owners, brokers, and intermediaries to identify both marketed and off-market opportunities that align with this mandate. If you are representing a business that may be a fit or are aware of an opportunity that meets these criteria we would welcome the opportunity to connect and discuss further.