Value Proposition

Is the GVC Approach Right for You?

Business owners who have identified the one party—or handful of likely parties—on the other side of the table often understand they need assistance beyond what their other advisors will provide, but wonder what an M&A advisor will do to add value  We’re able to attune our offering to the one-off or targeted transaction because it is our primary focus, not one we default into.  We are able to charge less than traditional investment banks because we are not required to utilize and pay for the platform required to execute on full-out auctions. 

The Greenberg Variations


The Greenberg Variations is a private newsletter summarizing Andy’s observations based on
GVC’s client experience, GF Data’s reporting activities and interactions with other deal professionals.

Atlas Must Not Shrug

The Case Against
Unrepresentative Government
GV Issue #30: July 2026


I try to avoid overt political commentary. Like everyone else, I’ve got my opinions but they’re no more interesting or qualified than anyone else’s. However, I’ve come to believe that the proliferation of non-diversifiable political risk is a business problem that will not be solved without political intervention.

Over the past two years, I’ve written twice about this evolving dynamic.

From June 2024:
“If you studied corporate finance or portfolio management 20 years ago, 'political risk' tended to refer to a country’s stability in government and the transparency/integrity of its capital markets.

[Read More]

Private Equity: Short Sheet
Long Bed

GV Issue #29: April 2026


One end-of-the-year ritual in the M&A business, as in other industries, is assessing what the next year will look like. In our world, there’s a pronounced bent toward optimism—deal people looking for the next opportunity are like sailors trying to sniff a breeze.

This year, I decided to try to do better, and to do it by wrapping together three themes of widespread interest—(1) what will drive deal volume next year; (2) how is this affected by elevated levels of political risk; and (3) how is artificial intelligence expanding our abilities to do financial analysis and serve business owners?

With an assist from ChatGPT 5.1, we built a multi-variable regression model.

[Read More]

Previous Issues


Middle Market Musings


A podcast dedicated to the people and ideas of the Middle Market,
hosted by Andy Greenberg (GVC) and Charlie Gifford (New Heritage Capital).

Additional Podcasts