by Marne Smiley | May 8, 2026 | News & Insights
The Program Is Over. The Workout Is Not. When we first wrote about the Main Street Lending Program, the issue was straightforward: borrowers were approaching a five-year maturity wall and needed to prepare. That phase has now passed. The program stopped purchasing...
by Marne Smiley | May 7, 2026 | News & Insights
When business owners think about sale terms, attention usually goes first to valuation. That is understandable. But price is only part of the story. The more important question is often when and under what conditions that value actually gets paid. This is where...
by Marne Smiley | Apr 8, 2026 | News & Insights
Middle market M&A activity rarely slows because companies stop performing. More often, it slows or accelerates because buyers change their risk assessment. Economic cycles influence not just whether deals happen, but how they are structured, how they are valued,...
by Marne Smiley | Apr 1, 2026 | News & Insights
Not Every Private Company Is a Middle-Market Business Why understanding where your company fits is one of the most important decisions in any sale process When business owners begin thinking about a sale, the conversation usually starts with valuation. What is the...
by Marne Smiley | Mar 25, 2026 | News & Insights
Sellers often view LOI as the finish line in an M&A process. In reality, it marks the beginning of the most execution-intensive phase of the transaction. The period between LOI and closing is where outcomes are ultimately determined. Buyers are validating...