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Anchor research

The Tech Middle-Market Turnaround Index 2026

An aggregated cohort dataset of post-acquisition operating signals across $10M–$100M ARR technology middle-market firms. Refreshed quarterly.

Plate /118 — the long series

150 Panel respondents
4 Operating dimensions
Q2 2026 Survey in field

01 · What the index measures

Four operating dimensions

Measured in the first 12 months post-acquisition.

  1. Time-to-EBITDA-recovery

    Months until trailing-twelve-month EBITDA returns to the pre-event baseline.

  2. Founder-bottleneck severity

    The Founder Extraction Index score at engagement start, across 12 weighted dimensions.

    Founder Extraction Index →
  3. Tech-debt-to-EBITDA conversion ratio

    EBITDA drag from the EBITDA-DevOps Bridge as a share of trailing EBITDA.

    EBITDA-DevOps Bridge →
  4. 100-Day Integration Velocity Score

    The Integration Velocity Score at day 60 post-close, across six systems.

    Integration Velocity Score →
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150

The panel

PE operating partners and founder-CEOs across the tech middle market, weighted by role, revenue band, and ownership model.

02 · Cohort specification

Who the dataset reads

Panel
n = 150 respondents
Roles
PE Operating Partners · founder-CEOs
Segment
$10M–$100M ARR
Headcount
50–300 employees
Geography
U.S. + Canada
Cadence
Refreshed quarterly
License
CC-BY-4.0 · CSV download

03 · Methodology

Instrument, panel, weighting

When and how the benchmarks publish

Full methodology — survey instrument, panel composition, weighting, response-quality controls, and anonymization protocol — publishes at the methodology page at the close of the Q2 2026 wave. Aggregated benchmarks ship with a downloadable CSV under a CC-BY-4.0 license.

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Request a private readout against the same operating dimensions. A 14-day diagnostic. No retainer until we agree on the work.