Letters

We write occasionally, for owners and for anyone trying to work out what kind of buyer we are.

II · October 2026 What owners told me What I heard in dozens of conversations with business owners, and what it changed in how we work. Read the letter I · August 2026 Bought to keep Why we buy to keep, what it costs us and what it changes for the owner who sells to us. Read the letter

If you would rather talk than read, write to us.

A permanent home for the company you built.

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