Standardize the bolt-on.
For firms doing 5, 10, or 20 acquisitions a year. Stop reinventing the wheel on every deal.
If you are rolling up dental practices or SaaS micro-caps, you are doing the same diligence repeatedly. But using different outside counsel or different associate teams leads to inconsistent data. You lose the ability to benchmark targets against each other.
Define your "Bolt-on Standard" once (e.g. indemnity cap at 10% of deal size, 30-day termination notice).
Run five deals simultaneously in one workspace.
Compare Target A vs Target B. "Target A has unlimited liability in 40% of contracts; Target B is clean."
When you sell the platform in 5 years, you have a perfect, standardized digital record of every bolt-on acquisition, ready for the next buyer.