patterns / cashrich_owner
buyout thesisretirement-age owner (62+) sitting on cash worth 40%+ of the balance sheet — the pre-sale posture the backtest actually links to a sale (well above the base rate; replaced the weaker 'sunset harvester')
A retirement-age owner converting the business into liquidity — cash is a large slice of the balance sheet, the dividends-or-sale decision is near. This replaced 'sunset harvester' (flat equity): the backtest showed it is the CASH posture, not flat equity, that actually precedes a sale — well above the base rate on 175k company-years, across every vintage.
The succession buyout that the data endorses. Broader than cash_fortress (no £500k floor, age-gated instead) — a large monitoring set whose conversations are about legacy and timing, not price maximisation.
The badge is recomputed nightly across the whole index, and re-evaluated live the moment a company files — so a match is always a statement about the current register, not a stale list. Like every signal on the radar: a prompt to look closer, never a verdict.