L•••••••• H••• G••••

What matters now

1. 8 vs 1

   add-ons, last 12 months vs the 12 before

   8 add-ons in the last 12 months, up from 1 in the 12 before; latest K•• I••••••••• S••••••• on 21 Jul 2026.

   Buying faster than a year ago: the roll-up is in its active phase, and owners in its niche can expect an approach.

   Factadd-on announcements, datedFor Owners in its niche, lenders, sell-side bankersAll add-ons →
2. 5

   states, 12 months

   Its add-ons of the last 12 months were announced in 5 states: AZ (2), FL (2), CO, CT, WA.

   Where it is buying now: owners and bankers in these states are the ones it calls, and each new local brand is a base for the next deal nearby.

   Inferenceread from the 5 of 8 announcements this year that name a stateFor Owners in these states, local bankers