APPROACH
How we decide.
A lean decision-making structure with direct access to the partners: rapid assessment, selective criteria.
PROCESS
The process in four stages.
- 01
First contact
Acknowledgement and an initial reply within 7 working days. If the proposal falls outside our criteria, we say so and explain our assessment.
- 02
Deep dive
A meeting, in person or remotely, to assess the project and the people leading it. No formal presentation is required.
- 03
Analysis and terms
Review of financials, contracts and corporate structure. If the outcome is positive, valuation, amount and governance are set out in writing.
- 04
Investment and operations
Signing, funding and the start of joint work, with twelve-month objectives and an agreed reporting schedule.
CRITERIA
Assessment criteria.
What we assess
- +The competence and experience of the leadership in its sector.
- +An existing market, with demonstrable and reachable demand.
- +An orderly corporate structure, or one that can be put in order.
- +An area where our contribution has a tangible impact on the outcome.
Outside our criteria
- −Transactions requiring capital only, with no operating involvement.
- −Sectors outside our expertise.
- −Valuations based solely on long-term projections.
- −Situations with pending litigation or unresolved tax positions.
A project or a company to propose?
Every proposal is carefully reviewed and receives a reply, including when the assessment is negative.