Succession and Family Governance
M&A advisory for family businesses
Understand what makes a merger or acquisition different in a family business, including governance, succession, partial sales, valuation and the choice of financial advisor.
articles
Articles on succession, valuation and sector reads
Here we bring together analyses based on situations we encounter in M&A processes and discussions with entrepreneurs and investors.
Featured articles
Debt and Capital Markets
The best debt is not the cheapest. It is the one that fits the company’s plan.
Interest rates matter, but they do not decide alone. Maturity, amortization, collateral and management flexibility can turn apparently cheap financing into an expensive problem.
Debt and Capital Markets
Credit starts before fundraising: what makes a company financeable
Investors may accept more risk, but they do not accept a lack of information. The quality of preparation affects access, pricing and negotiating power.
Sector Insights
K12 Brazil: the growth that never arrived
Private basic education grew by 316,000 enrolments in ten years. For-profit schools captured only 6,000 of them — 2% of the growth — and opened 1,544 new units.
Sector Insights
M&A and asset deals rise in 2026, but growth comes from a few sectors
Merger filings with CADE reached 486 transactions from January to July 2026, up 7.0%. Growth came from logistics, construction and financial services, while energy, manufacturing and retail lost activity.
Succession and Family Governance
The Price of Waiting: How Tax Reform Accelerated Family Succession Decisions
Taxed dividends and market-value gift and inheritance tax have removed the luxury of postponement. What changes for business-owning families starting in 2026.
Sector Insights
K-12 Education in Northeast Brazil: Ten Years and Five Pressures
Fewer students, more schools, and an aging shareholder base. The numbers that explain the pressure on the region's private schools.
By topic
Succession and Family Governance
Control, heirs, holding companies, and the cost of postponing decisions the family has been putting off.
M&A advisory for family businesses
Understand what makes a merger or acquisition different in a family business, including governance, succession, partial sales, valuation and the choice of financial advisor.
JK Capital · Sep. 16, 2026 · 9 min read
The Price of Waiting: How Tax Reform Accelerated Family Succession Decisions
Taxed dividends and market-value gift and inheritance tax have removed the luxury of postponement. What changes for business-owning families starting in 2026.
JK Capital · Aug. 2026 · 7 min read
Governance in M&A Processes
Who decides what, by when, and with what information. Process governance protects confidentiality and preserves the business.
JK Capital · Aug. 2026 · 5 min read
Sector Insights
The numbers and trends explaining why certain markets reach a decision point sooner.
K12 Brazil: the growth that never arrived
Private basic education grew by 316,000 enrolments in ten years. For-profit schools captured only 6,000 of them — 2% of the growth — and opened 1,544 new units.
Pedro Seidenthal · Aug. 26, 2026 · 5 min read
M&A and asset deals rise in 2026, but growth comes from a few sectors
Merger filings with CADE reached 486 transactions from January to July 2026, up 7.0%. Growth came from logistics, construction and financial services, while energy, manufacturing and retail lost activity.
Pedro Seidenthal · Aug. 10, 2026 · 8 min read
K-12 Education in Northeast Brazil: Ten Years and Five Pressures
Fewer students, more schools, and an aging shareholder base. The numbers that explain the pressure on the region's private schools.
Pedro Seidenthal · Aug. 2026 · 5 min read
M&A Fundamentals
The basics, explained well: what a transaction is and how it moves from first contact to closing.
What is M&A and how the mergers and acquisitions process works
What an acquisition is, how a merger works and the eight stages of an M&A process, from preparation to closing.
JK Capital · Aug. 12, 2026 · 8 min read
How to calculate the valuation of a company
Which valuation methods are used in Brazil, how you move from a multiple to what the shareholder actually receives, and what really drives price in a negotiation.
JK Capital · Aug. 12, 2026 · 7 min read
Preparation and Negotiation
What to organize before going to market and how a buyer really looks at your business.
Preparing a Company for a Transaction
The value perceived by a buyer is built long before the first conversation. What to organize in advance.
JK Capital · Aug. 2026 · 6 min read
What Strategic Buyers Evaluate
The multiple is a consequence. Before that, a strategic buyer evaluates fit, execution risk, and what the company does better than they can.
JK Capital · Aug. 2026 · 5 min read
How to sell a company: the step-by-step of a structured process
From decision to signing: the stages of a sale run with advisors, what to prepare before going to market, and how long the process usually takes.
JK Capital · Aug. 12, 2026 · 9 min read
Debt and Capital Markets
Debt structuring, financing readiness and decisions that preserve cash and strategic flexibility.
The best debt is not the cheapest. It is the one that fits the company’s plan.
Interest rates matter, but they do not decide alone. Maturity, amortization, collateral and management flexibility can turn apparently cheap financing into an expensive problem.
JK Capital · Sep. 2026 · 6 min read
Credit starts before fundraising: what makes a company financeable
Investors may accept more risk, but they do not accept a lack of information. The quality of preparation affects access, pricing and negotiating power.
JK Capital · Sep. 2026 · 5 min read
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