Transparency is often a varied concept in the private equity space. While investors and PE firms know how the game is played, there’s still work to be done when it comes to other players in mergers and acquisitions.

🗣️ Abolishing non-dom status = destroying UK fintech. Reeves’ reforms are pushing out many UK fintech pioneers. 10,800 millionaires left the UK last year – the largest amount ever. If Reeves truly backs fintech, she must better consider the impact of her policies.

I recently wrote for Barron's about Trump's renewed threat to M&A. Deal volumes remain down 12% year-over-year, despite a brief pickup in recent months. And Trump's "reciprocal" tariffs will only stall them further. More in my piece below. barrons.com/articles/trump…

Tariffs, trade wars, and geopolitical uncertainty suggest that things may get worse before they get better for mid-market M&A. Thanks to IFLR for the opportunity. iflr.com/article/2f3sjk…

My interview with PWM is now live. ⬇️ Many thanks to Elisa Battaglia Trovato for the great conversation. You can watch the full interview here: pwmnet.com/video/36d2bc15…

I was recently asked what influences my decision-making when choosing a sector to invest in. Watch the below to hear my thoughts. ↓

One of the biggest challenges smaller funds face is building balanced operational strength in their teams – that’s management, financial, technical, and operational skills. These are key to the success of fund operations, but this harmony isn’t easy to achieve. Hear more below.

To turn around any business, management teams and their investors have to be fully aligned. Hear more in the video below. ⬇️

Over the years, I've learnt that when stepping into a new business for the first time, looking at the revenue is only one part of the equation. ↓

Wishing my network an excellent holiday season. I think 2026 will be even busier, and I look forward to seeing what it holds. In the meantime, I hope you all enjoy some rest – and have a very prosperous New Year.

You’ve just acquired a business, you don’t really know the specifics yet aside from an overview of the financials, where do you start with turning it around? Ask questions. And lots of them.

It’s presumptuous not to ask questions when stepping into a business. ⬇️

The right CEO means everything in business: → The lack of a CEO is less damaging than the wrong one. → A good part-time CEO is far better than a bad full-time one. → CEOs can either be the greatest destroyers or enhancers of value. → Having the right CFO is equally important.

Are you willing to risk your own money to drive profitability? For better or for worse, that’s what it means to be a turnaround investor. More in the video below.

At Parabellum Investments, we are pleased to announce the sale of our long-standing business, Parseq, to Paragon Group. You can read more about our journey in PE HUB here: pehub.com/parabellums-ra…

There is nobody better to tell you about the flaws of a business than its very own customers. They are closest to the final product, away from internal politics and bureaucracy, and, most importantly, they have everything to gain by telling you the truth. More below.

What’s next for Saks? Mending the critical failures that led the brand to this position in the first place: low customer engagement, ballooning fixed costs, and a heavy dependence on brick-and-mortar locations.

What matters most when it comes to judging the quality of service delivery in a business? 1) Are the clients getting what they want? 2) How efficiently is the service being delivered from the company’s perspective? More in the video below.

Many thanks to IFLR for sharing my thoughts on Australia as the 'sleeping giant' of mid-market M&A. iflr.com/article/2g6egj…

Good riddance to Orban. His exit from European politics could not come soon enough. Now there is a real chance to turn the page and get back to the original promise of Europe: → Working together and removing the borders and barriers between us.