PT - JOURNAL ARTICLE AU - Paul F. Kocourek AU - Steven Y. Chung AU - Matthew G. McKenna TI - Strategic Rollups AID - 10.3905/jpe.2000.319974 DP - 2000 Nov 30 TA - The Journal of Private Equity PG - 23--30 VI - 4 IP - 1 4099 - https://pm-research.com/content/4/1/23.short 4100 - https://pm-research.com/content/4/1/23.full AB - Rollups, the aggregation of dozens or even hundreds of owner-operated businesses in a given fragmented industry, differ from conventional merger-and-acquisition activity in several ways. For a time, they were among the darlings of Wall Street and were rewarded with extravagant valuations. But in the last two to three years, rollups’ good fortunes have unraveled. Authors Kocourek, Chung, and McKenna offer an insightful interpretation of what has gone wrong and how strategic rollups can regain their footing on a more prosperous path.