Why it matters

Logistics and distribution consolidation: scale and network density drive the deals. A scaled founder-owned operator sells well above the base rate — the mildest of the roll-up verticals but still a real signal.

The play

Acquisition finance / trade-sale origination into an active buyer pool.

How it's kept honest

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.