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Deep dives into markets, businesses, and investing — helping you build value with purpose.

Quality of Earnings (QoE)

Misunderstanding working capital is one of the most...

Key Characteristics of High-Performing SMB Operators

Introduction When investing in small and medium-sized businesses...

The SMB VIG Playbook for Value Creation in...

SMB VIG’s Diligence Process:

How We Invest with Discipline, Alignment, and Conviction...

Comparing SMB Investing Models

Why We Typically Prefer Independent Sponsor Deals Over...