The Importance of Preparation in Private Equity

preparation in advance and getting all of the facts right saves a lot of time at the end. We'll look at close to 300 potential transactions in a year, we'll do two. Two is a good year, we'd love to do three in a year but that would be a really good year. And for us it's also some trade-offs between how much confidentiality does the client want or just how much price they are willing to pay. So you guys are at this point, you have this book now that's your life's work in 120 page net. It takes a Venn diagram approach and zeros it down to here.