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RSM ETA Conference 2025

What 240 people learned at Rotterdam's first ETA conference

I spent a day at Rotterdam School of Management's ETA Conference in November 2025.

240 searchers, investors, and operators showed up.

I took 40 pages of notes.

Then I turned those notes into this 34-page report.

What's inside:

→ Deal sizes: €200K-€500K EBITDA (one tier below US)

→ Valuation multiples by sector (3x-6x EBITDA)

→ 3 financing models compared (with real examples)

→ Searcher case studies: 7 months to close vs 15 months

→ Why you can't live in Amsterdam if you buy in Breda

→ Direct sourcing strategies (how to find sellers without brokers)

→ Mistakes that kill deals before they close

This isn't Stanford theory.

This is what's actually happening in Netherlands, Germany, France right now.

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