I am wondering if there are any folks on here who have successfully (or unsuccessfully) executed a simultaneous-close roll-up: multiple targets in the same industry under contract at once, in a single capital stack and closed concurrently. If you've done it: how did you structure the LOIs (cross-conditioned or independent?), what did the single capital stack look like, and did assembling first actually beat just acquiring a platform and bolting on afterward? Would love to understand some pitfalls and lessons, if anyone feels up to sharing!