Deal Mechanics

Jul 29, 2026

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6 min read

Every Cap Table You Inherit Is Wrong

The most common cap table hiccups discovered at close

CJ Gustafson

Deal Mechanics

Jul 22, 2026

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6 min read

Remember: The Working Capital Lookback Is a Negotiation, Not a Formula

Breaking down the factors that influence the timeframe you choose

CJ Gustafson

Deal Mechanics

Jul 15, 2026

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5 min read

Escrow vs. Earnout

The Two Ways Your Sale Price Shrinks After You Shake Hands

CJ Gustafson

Deal Mechanics

Cash-Free, Debt-Free: The Cash You Don't Actually Get to Keep

Jul 1, 2026

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6 min read

Cash-Free, Debt-Free: The Cash You Don't Actually Get to Keep

What counts as cash during M&A negotiations, and what gets discounted or trapped

CJ Gustafson

Deal Mechanics

Debt-Like Items: Where the Final Equity Check Actually Gets Decided

May 20, 2026

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6 min read

Debt-Like Items: Where the Final Equity Check Actually Gets Decided

What counts as "debt like"?

CJ Gustafson

Deal Mechanics

Key-Man Risk 101: What to Expect as a Future PE-Backed Exec During Negotiations

May 13, 2026

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7 min read

Key-Man Risk 101: What to Expect as a Future PE-Backed Exec During Negotiations

How to prepare for negotiations and partnership with your future PE sponsor

CJ Gustafson

Deal Mechanics

The Tax Mechanic That Showed The Whole Company My Comp

May 6, 2026

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6 min read

The Tax Mechanic That Showed The Whole Company My Comp

What is a 280G Gross Up?

CJ Gustafson

Deal Mechanics

Every Cap Table You Inherit Is Wrong

Remember: The Working Capital Lookback Is a Negotiation, Not a Formula

Escrow vs. Earnout

Cash-Free, Debt-Free: The Cash You Don't Actually Get to Keep

Debt-Like Items: Where the Final Equity Check Actually Gets Decided

Key-Man Risk 101: What to Expect as a Future PE-Backed Exec During Negotiations

The Tax Mechanic That Showed The Whole Company My Comp

Looking for Leverage

Looking for Leverage