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Dispatch

What the channel knows but won’t say out loud.

Research, analysis, and perspective from inside the technology channel. No vendor spin. No conference-circuit optimism.

Latest

Recent articles and research.

Analysis

The Buyer Nobody Expected

Digital Realty is buying Columbia Capital. Columbia Capital owns a piece of Telarus and Bluewave. A supplier is about to inherit an equity position inside the cap table of a top-three TSD. Nobody in the channel press has said so out loud.

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August 2026

Analysis

The residual question returns.

On June 28, TPx’s parent filed for bankruptcy. The coverage will be about the debt. The number that actually decides your year is the one nobody prints: how much of your book rides on a company that just lost control of its own balance sheet.

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June 2026

Analysis

Is AppDirect a TSD? The Answer Matters More Than You Think.

AppDirect has built its channel business by acquiring TSDs. It also insists it is not one. A supplier portfolio analysis spanning 1,018 unique suppliers and seven years of acquisition strategy reveals why that distinction is becoming the most important question in the channel.

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June 2026

Dispatch

COEO Acquires S-NET, and the Mid-Market Gains a Platform

A 20-year independent operator joins a deliberate roll-up. What the deal signals about supplier consolidation in the channel.

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May 2026

Analysis

The PE Thesis Just Got Louder

Charlesbank bought a supplier. It already owns the advisor. The market should be asking whether those are two bets or one.

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April 2026

Perspective

What a Billion-Dollar Valuation Tells You About the Advisor Model

Bridgepointe crossed a billion. Charlesbank reinvested. Carlyle AlpInvest came in. The capital is the least interesting part of the story.

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April 2026

Perspective

Your Advisory Board Has 12 People. Your Market Has 10,000.

12 advisors shaping strategy for 10,000. The math doesn’t close — and the blind spot is costing suppliers millions in misallocated channel spend.

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February 2026

Perspective

Why the Pay-to-Play Model Is Losing Advisors

The pay-to-play model has been losing advisor trust for years. The advisors who’ve been around long enough know it. Here’s why the model is breaking — and what comes next.

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March 2026

Research

The Intelligence Gap: What Advisors Know That Suppliers Do Not

Advisors sit on a mountain of deal data that suppliers never see. Here is what that asymmetry costs both sides.

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February 2026

Analysis

Five Things the Channel Gets Wrong About AI

The channel is talking about AI. Most of the conversation is missing the point. Here are the five most common mistakes.

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January 2026