Neil Breaux

I will say we're watching the market very closely.

We have a M&A filter and a target list that we take very seriously.

And if things continue to get rational, the way that we are starting to see in the private markets, this is going to be a great opportunity for the strong to get stronger.

But right now we're focused on organic growth and making sure we run the business efficiently.

That's a big part of what I think we're proud of over the last three and a half years of doing, Nathan.

know it was um i think it was a great uh there's two things that actually was the value of doing it number one is we're public company ready right and creating all the infrastructure brought in general counsel uh brought a chief accounting officer and having the hygiene and discipline to be thinking like a public company is actually of real value in addition to obviously having the private equity back mentality

Public companies go through different types of scrutiny.

And that whole foundation laying is, I think, long-term a really good thing.

Who knows when the public markets open up again?

What we will have is the ability to actually execute on whenever that opens up in the next year, two years, three years, four years.

But that hygiene and foundation laying was really important.

And I think accelerated some of the strength of the foundation to do things like M&A over the next decade.

number of years to actually continue to think about the trade-off of organic growth versus profitability.

And I think that discipline was awesome.

So I look back at it, we chose not to go down and execute on the SPAC at the end, by the way, to be clear, but all the work that we did was huge.

100 plus investors that never knew about ServiceMax being able to talk to them like we are with you, Nathan, and going into the guts.

always a good thing and now we're seeing the value of that of people investors that wanted to invest in the company as a public entity now looking at it saying hey there's an m a target that same seems really interesting the service facts that i learned about it why don't you go talk to these guys so i think the more people learn about service facts yourself your viewers included really fall in love with the the actual business and then the economic model

is very alluring.

And so more people know about it, the better.

And I think that's the value looking back at it.