For many owners, valuation improvement feels like a growth story. Push revenue. Lift margins. Improve EBITDA. Show momentum. Performance matters, of course. But valuation weakens when scrutiny exposes something that should have been dealt with earlier. It drains away in adjustments. In caveats buried in draft heads of terms. In buyer questions that uncover inconsistencies or assumptions no one had written down. A headline number that once looked strong … Continue reading →