Capital is part of the acquisition system.
Acquisition searchers talk about finding the deal. We should talk just as seriously about capital formation.
When I look at a capital stack, I want to know what it must do beyond funding the purchase price.
It may need to support the search, diligence, working capital, qualification continuity, leadership transition, customer confidence, and the operating investments that keep the acquired capacity usable.
The capital thesis should develop with the acquisition thesis.
Continuity Corps: redacted
#EntrepreneurshipThroughAcquisition #QualifiedCapacity #ContinuityCorps
redacted