Insights
Notes from the partner table.
Occasional writing on founder exits, cross-border capital and the long custody of family wealth. No newsletter noise, no market commentary for its own sake.
Written by the partners. Published when there is something worth saying.
M&A · Wealth · Debt
The founder’s exit: valuing what cannot be put on a spreadsheet
Most founders discover the gap between what the business is worth to them and what it is worth to a buyer at exactly the wrong moment. A note on valuation, timing and the things buyers quietly price.
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Five jurisdictions, one family: structuring cross-border wealth in 2026
Residence is not domicile, a trust is not a strategy, and complexity compounds. What actually holds a cross-border family structure together.
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Mezzanine is not a miracle: financing growth without surrendering the company
Debt preserves ownership and imposes discipline. The real price is not the margin — it is the covenant package and the maturity nobody wants to think about.
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