E55: 3 Strategic M&A Deals: Harvest + Cartograph, Enginr + Nuqleous, and Carry’s $80M Exit

Strategic M&A is up 40% year-over-year on LOI volume. And this week's deals prove the closings are following.Christian and Ayelet are back for Deal Review Friday with three deals that just crossed the wire — including Mountain Gate's fifth add-on in under five weeks, a retail intelligence merger that was clearly part of the thesis from day one, and one of the more creative dual-strategic acquisitions we've seen in a while.Three deals. One market signal. Fifteen minutes. (Okay, twenty.)⏱️ TIMESTAMPS0:00 — LinkedIn buffering, as usual0:48 — Market signal: strategic LOIs up 40% YoY per Spearhead Corp Dev1:30 — PE deal volume Q1: $216B, up from $190B — but strategics are the real story2:46 — Deal #1: Harvest Group (Mountain Gate) acquires Cartograph — 35 days after platform close5:35 — Cartograph's superpower: scaling challenger brands on Amazon6:44 — Full disclosure: Mountain Gate is not sponsoring this podcast7:13 — Who advised? Chris Moe peels back the layers8:30 — Deal #2: Engine + Nuqleous merge to form end-to-end retail intelligence platform12:18 — CPG point solution fragmentation and why this merger was inevitable13:26 — Nick Dossier: repeat offender, same playbook, larger scale14:00 — Crisp lit up this category — and Engine is now the OG competitor16:24 — Engine's full acquisition history: Evertech, Leftbridge, now Nuqleous17:18 — Deal #3: Cary sells for $80M on $900K ARR — AngelList + Lettuce split the asset19:00 — Founder's second exit (first was Teachable at $250M)20:04 — Wrap: yes, we went over 15 minutes again🔔 Subscribe — we're going live every Friday💬 Drop deals you want us to cover in the commentsConnect with Christian and AyeletAyelet’s LinkedIn: https://www.linkedin.com/in/ayelet-shipley-b16330149/Christian's LinkedIn: https://www.linkedin.com/in/hassold/Web: https://www.inorganicpodcast.cohttps://www.youtube.com/@InorganicPodcast Hosted on Acast. See acast.com/privacy for more information.