RT Journal Article SR Electronic T1 Strategic Rollups JF The Journal of Private Equity FD Institutional Investor Journals SP 23 OP 30 DO 10.3905/jpe.2000.319974 VO 4 IS 1 A1 Paul F. Kocourek A1 Steven Y. Chung A1 Matthew G. McKenna YR 2000 UL https://pm-research.com/content/4/1/23.abstract 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.