Understand the Net Working Capital Peg in M&A Deals in 2026: How the Peg Is Calculated and Trued-Up

Understand the Net Working Capital Peg in M&A Deals in 2026: How the Peg Is Calculated and Trued-Up Understanding the net working capital peg in M&A deals in 2026 is the difference between clean close and a 5-15% purchase price haircut. The peg (target working capital delivered at close) is calculated using TTM, 3-month rolling, […]