Deal Flow Bullet

Practical PE frameworks, worked examples, and recruiting notes from Andrew Gallagher. Subscribe for new issues by email. Free, with an unsubscribe link in every issue.

What's Inside

Frameworks

One mechanic, worked

Working-capital pegs, add-back defense, debt sizing - the math shown, not described.

Deals

Middle-market lens

What current deal activity means for the funds that do 10–50 deals a year, not the mega-funds.

Careers

Recruiting intel

Off-cycle timing, fund archetypes, and interview patterns from inside the process.