According to @QCompounding, Empire Builder by Adam Coffey is highlighted as a key resource for investors studying roll-up strategies and serial acquirers, source: @QCompounding on X, Dec 9, 2025. Coffey outlines how value creation in fragmented industries comes from buy-and-build execution through operational standardization, cross-selling, and pricing optimization that expand EBITDA, source: Adam Coffey, The Private Equity Playbook, 2019. He emphasizes accretive M&A and multiple arbitrage by acquiring targets at lower EV/EBITDA than the platform to drive EPS and equity value, source: Adam Coffey, The Private Equity Playbook, 2019. Risk control centers on leverage discipline, integration cadence, and 100-day operating plans to realize cost synergies while keeping ROIC above WACC, source: Adam Coffey, The Exit Strategy Playbook, 2021. For public-market trading, screen for consolidators showing sustained margin expansion, strong cash conversion, and timely post-deal deleveraging as signals of a durable roll-up, source: Adam Coffey, The Exit Strategy Playbook, 2021.