As we continue to do acquisitions, a recurring lesson within dealmaking and investing becomes clearer every time: Don't fall in love with the business. Most people buy a company like they're buying a home — emotional, long-term, identity wrapped up in it. We think differently. We acquire products. We leverage assets to generate returns. We sell to the next buyer when the time is right. The business is a vehicle. Not a destination. The real game is the holding company — building a structure where every deal you do makes the next deal easier, cheaper to finance, and more profitable to exit. One acquisition improves your leverage for the next. One cash-flowing asset funds the down payment on another. One exit seeds the next entry. That compounding effect is exactly how we work with our clients at AHC — helping them buy their first business, structure it inside a holding company, and build a portfolio where each deal benefits every other deal in it. That's what old money actually looks like. Not one big swing. A machine that keeps dealing. What does your holding company look like right now?