In a group filled with operators and investors focused on acquiring businesses in the $3M–$75M range, I’m interested in understanding what the current landscape looks like from your perspective. For those sourcing deals, underwriting opportunities, or already in conversations with sellers: what’s the biggest challenge you’re facing right now in your acquisition process? It could be related to: Access to qualified deal flow Broker responsiveness or information quality Valuation gaps with sellers Financing structures or lender constraints Due diligence bottlenecks Post-acquisition integration planning Team capacity Market uncertainty Or any other factor slowing momentum Given the collective experience here, understanding the most common friction points can help strengthen how all of us approach our next deal. What’s the primary obstacle you’re encountering at this stage of your acquisition journey? Looking forward to your insights.