Lower-middle-market PE exits. Timing, buyers, fit.

LMM PE runs on a hold-period clock. Fund vintage turns long. The portfolio company gets a new CFO. A competitor exits at a multiple the sponsor can't ignore. The signals are public.

Most PE professionals don't have time to read them.

Rivas Will tracks them. Each memo names a PE-held platform in its exit window, the holding sponsor and fund vintage, the comparable transaction the buyer side will price off, and the buyers active in that segment. Every claim is cited inline with a link and a retrieval date. Nothing is for sale on this site.

The standard

No invented deal terms. No invented multiples. Where the data is thin, the page says so. If a citation doesn't check out, write to Rivas — the correction ships in the next memo.

Reaching Rivas

PE firm tracking a company in this research, or a buyer who wants on the radar for a specific sector — write to Rivas.