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Right now the Toronto mid-market landscape feels very familiar and frustrating in equal measure.

by Josh Adman | Feb 2, 2026 | Uncategorized

Competition for quality businesses is intense — valuations are high, capital is sitting on the sidelines, and every deal seems to attract multiple bidders within hours. Traditional private equity groups, search funds, and strategic acquirers are all circling the same...

The 12 Most Common Mistakes Business Owners Make in M&A

by Josh Adman | Jan 3, 2026 | Uncategorized

(And how to avoid learning them the hard way) For most founders, selling a business isn’t a repeatable skill. You build once, you exit once—and the stakes are usually life-changing. That’s exactly why so many good businesses leave money on the table or see deals...

Prediction Markets Aren’t a Fad — They’re a Mirror of How Modern Finance Actually Works

by Josh Adman | Dec 2, 2025 | Uncategorized

Every few years, something comes along that forces the financial world to admit what it already knows but doesn’t say out loud. Right now, that “something” is prediction markets. And judging by the way major firms are circling the space, this isn’t a quirky...

Buffett keeps selling. Not because he’s pessimistic — but because the math isn’t attractive.

by Josh Adman | Nov 1, 2025 | Uncategorized

Buffett has now been selling more stocks than he’s buying for about three straight years. Berkshire keeps unloading billions in stocks quarter after quarter and the cash pile keeps climbing to new highs. Buffett doesn’t sell because he needs the money. He sells when...

Hunting for Hidden Cash‑Flow Gems: Why Even Deep Pockets Aren’t Enough

by Josh Adman | Aug 10, 2025 | Uncategorized

Picture this: you manage a portfolio worth half a billion dollars. You’re advising clients who have deployable capital and are searching for profitable businesses of all sizes—steady, cash‑flowing operations ready to scale. Logically, you’d think this should be easy....
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