Upswitch
PricingAboutFAQ
Log in
Log in
← All articles
Manifesto30 June 2026 · 6 min read
Photo of Matthias Mandiau

Matthias Mandiau

Co-founder

The 99%

Half the economy was never told what it is worth. We are done with the gate.

In this article

  1. 1. M&A was built for the 1%
  2. 2. The secret is same grapes
  3. 3. A curve, not a frozen PDF
  4. 4. What we will not say
  5. 5. The gate falls when the label is readable

Half the economy does not live in towers. It opens at six. It smells of bread, sawdust, coffee, oil, invoices, keys, and family names on old doors.

It is millions of businesses built by people who were never once told what their work is worth in language they could use. Not because the math was impossible. Because the label was locked.

Knowing your worth is a right, not a privilege.

M&A was built for the 1%

The deal world was built around large rooms, large retainers, and large transactions. Banks, boutiques, Big Four teams, legal teams, and now AI startups all fish in the same small pond.

The other 99% were told to come back later. Too small to value. Too messy to sell. Too early, too local, too founder-dependent, too normal.

The secret is same grapes

Behind the jargon, valuation is not magic. The same formulas in the expensive report can run on the screen. EBITDA normalisation, multiples, asset value, startup scorecards, method weighting, sensitivity bands: the cellar is rigorous, but the label can still speak human.

That is the Upswitch thesis. Keep the standards. Remove the priesthood. Show the work.

1 curve
One shared view of worth
3 layers
Public data, books, story
0 black box
Method, sources, provenance shown

A curve, not a frozen PDF

A valuation document ages the day it is printed. A business changes: revenue moves, risk changes, management depth improves, contracts renew, customer concentration falls, a founder becomes less central.

So the product of record is a Value Curve. It starts as an indicative range, tightens with connected accounting data, gains context from business and owner profile, and becomes stronger through advisor method review and deal-ready evidence.

What we will not say

  • We will not pretend an indicative value is a certified appraisal.
  • We will not imply a curve is a promise of a sale price.
  • We will not flatter a company into a dead listing when the honest path is to strengthen it first.
  • We will not write for the room at the expense of the owner who has to live with the number.

The gate falls when the label is readable

Upswitch gives owners and their advisors one shared curve: know what the business is worth, understand why, grow it deliberately, and hand it on well.

The long-form manifesto lives at /{locale}/manifesto. This essay is the label we want every owner to remember: same grapes, honest label, worth made readable.

Frequently asked questions

Is Upswitch a broker?+

No. Upswitch supports indicative valuations, advisor workflows, transparent method documentation, and deal-readiness paths. It does not act as legal, tax, investment, or certified appraisal advice.

What does "same grapes" mean?+

It means the math should remain rigorous while the label becomes readable. Owners should see the method, inputs, sources, and uncertainty band instead of receiving a black-box number.

Upswitch is the M&A infrastructure layer for the European SME economy. Defensible valuations and structured transaction matching for the lower mid-market.

Continue reading

The founder confession

Read more→

Growth vs strength

Read more→

The builder's tension

Read more→

Continue reading

Manifesto

Structured demand: how an SME buyer finds a deal before it lists

A marketplace shows listings. A matching engine channels demand. Why the European SME succession market needs a structured demand layer, and how matching works once the other four primitives are in place.

Cofounder introduction by Matthias Mandiau

Lieven Plaetsier: connecting Upswitch to owners, advisers and the M&A market

Lieven leads the M&A practice and market work at Upswitch. Matthias Mandiau introduces the co-founder who keeps product choices tied to the language owners use, the evidence advisers need and the realities of a transaction process.

Upswitch

Knowing your worth is a right, not a privilege.

know it · grow it · hand it on

Product

  • The Value Curve
  • Your workspace
  • Pricing
  • Valuation methods
  • Capital gains tax 2026

Markets

  • Companies
  • For banks & lenders
  • European SME multiples
  • Multiples database

Company

  • Manifesto
  • Blog
  • Security

Legal

  • Privacy
  • Terms
Log in·See what could be weakening my business

Upswitch BV: Zetel: Tuinwijk ter Heide 69, 9050 Gentbrugge, België: Ondernemingsnr.: 1033.441.760-BTW: BE 1033.441.760-RPR Ondernemingsrechtbank Gent - hello@upswitch.app

© 2026 Upswitch

·

Made within Ghent, Belgium