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Buy-side M&A advisory · Mid-market

The AI-native
buy-side advisor.

Stet is an M&A advisory firm built for mid-market private equity buyers. Our proprietary engines deliver a first reviewable artifact in 30 minutes; a senior advisor signs off before anything leaves the room. Numbers tie back to the data room. Findings carry source citations. Every recommendation is built to survive IC.

Operating postureNDA-firstPer-mandate isolationAudit-ready workpapers
MANDATE BRIEF2026-04
CONFIDENTIAL
BuyerSponsor · Fund X
SectorIndustrial services
Check$25–60M equity
StageConfirmatory diligence
Findings47 tied · 2 critical · 9 open
GateIC pack ready
Issued 26 · APR · 2026Day 03 of 18
REVIEWED
PRIVILEGED
N · 37°52′ W · 122°15′PAGE I · OF I
Manifesto · I
¶ 001
Every claim has a source.
Every number ties back.
If it can't be defended in committee,
it doesn't leave the room.
S. Bommaraju · FounderBerkeley · MMXXVI
I.
By the numbers

What you can actually rely on.

0%
Source-linked findings
$25–250M
Enterprise value · target size
Buy-sideonly
Never sell-side processes
Operating principles

Three commitments PE deal teams hold us to.

First reviewable artifact in 30 minutes. Senior advisor signoff before anything leaves the room.
AI-native cadence
§
We don't run sell-side. The recommendation can be 'walk away,' and the work is funded so it can be.
Buy-side only
Every claim has a source. Every number ties back. The deliverable is built to survive IC.
Source-linked by default
II.
Coverage · scope · output

What sits under an engagement.

Coverage · sectors
Where we run mandates
PrimaryIndustrial services · specialty distribution
PrimaryB2B SaaS · tech-enabled services
AdjacentHealthcare services · consumer brands
North America · mid-market
Engagement · scope
How we plug in
SearchSourcing through promotion
Per-dealLOI through close
Post-close100-day plan support
Mandate retainer model
Deliverables · output
What you receive
FindingsSource-linked log with severity grades
IC packMemo, model bridge, red-flag annex
Lender packWorking-capital and debt-capacity views
Audit-ready workpapers
III.
Bring us in

Open a 30-minute conversation.

Bring us into the next mandate

Register a pilot, or open a 30-minute conversation.

We respond within one business day. If we are not the right fit for the thesis, we will say so on the first call.