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M&A Diaries - S2EP6 - Alan Whitman - How Baker Tilly Grew from $500M to $1.5B

How2Exit

Post-retirement, he advises CEOs, writes, and shares his “strategy-first” philosophy—soon to be published in book form. PE money is not the villain – Institutional capital, when paired with clear strategy and accountability, can actually de-risk growth—not derail it. How you build systems.

M&A
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How to Sell a Business in Puerto Rico (Without Losing Your Mind or Millions)

How2Exit

E285: How to Sell a Business in Puerto Rico (Without Losing Your Mind or Millions) - Watch Here About the Guest: Francisco Uriarte is Managing Partner at Connelly Capital, a Puerto Rico-based M&A advisory firm. Pre-sale readiness is underrated – Many businesses, especially sub-$3M in revenue, don’t keep formal books.

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Exit Planning Through an Investment Banker’s Lens

Focus Investment Banking

Optimize Working Capital (One Year Ahead) What It Is: Net Working Capital (NWC) is Current assets minus current liabilities (A/R + Inventory A/P + Accrued Expenses), excluding cash, which you keep (in a typical cash-free, debt-free transaction). Why It Matters: Healthy working capital keeps the business running smoothly day-to-day.

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Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Oracle, Amazon, Netflix, CoreWeave, JPMorgan, & more

CNBC: Investing

" TD Cowen upgrades Capital One to buy from hold TD Cowen says it sees "significant capital return." " UBS upgrades KeyCorp to buy from neutral UBS says the regional bank company is "building momentum."

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Xetra expands new retail trading offering with ETFs service

The TRADE

Given the recent surge of retail investor activity in Germany and other European countries, our new retail execution service addresses the growing demand for efficient capital market access at the right time, a Deutsche Brse spokesperson told The TRADE. If this cannot be achieved, then orders are executed at least at the current Xetra price.

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Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

At the junior levels , entry-level professionals in both fields spend a lot of time in Excel working on models, valuations, and documents such as equity research reports and investment banking pitch books. If you do IB, you can get into deal-based roles ( private equity , corporate development , venture capital , etc.),

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Difficult Roads Lead to Beautiful Destinations: What Buyouts Reveal About Growth

Beyond M&A

There’s the obvious injection of capital, of course. Consistency – helps build trust as you scale. A must-read for anyone raising funds or building for exit. So—what are your go-to books for navigating the hard parts? But money is just the surface-level change.