Nigel, from the corporate, uh, buyer perspective, how is this environment more challenging, you know, more the same compared to, um, you know, prior regimes?

Yeah.

You know, I, I'd echo my colleagues', uh, comments about, about valuation.

Um, you know, I think deals are getting done.

Um, but especially in the enterprise software space, you know, we're seeing sort of the so-called, you know, SaaSpocalypse, you know, having reset, um, and, and, and, and compressed public comps w- you know, which is, which is anchoring, I think, private ex- uh, private expectations lower.

Um, and, and that's obviously resulting in, you know, deals getting done, but, but I also think more importantly, the window for acquiring quality assets at, I think, reasonable multiples is probably, um... it's probably open, you know, at least for, you know, the time being.

Um, but I, but I also think, you know, a- again, in, in, in the software space, you know, there's, there's a few different types of M&A activity that's happening.

Uh, Nigel, in terms of your process, like where, where do you find informational advantages, um, as you're, you know, deal sourcing? I mean, obviously AI is a big piece now, but talk a little bit about leveraging relationships or, or, or networks to, um, to, to find these diamonds in the rough, I suppose.