For growth companies
Growth capital
We help you find the right minority or majority investor without giving up operational control unnecessarily.
Enterprise value
5–200 Mio. Euro
EBITDA
0,5–25 Mio. Euro
Offices
Zug, München, Wien
Starting point
Typical situations
Three constellations owners usually come to us with.
Capital for expansion
Entrepreneurs who want to finance the next step and stay on board rather than step out.
Profitable growth
Teams with a clear agenda and demonstrable earning power who want to pick up pace without risking the substance.
Investor readiness
Companies that need to be put in order before any approach, so that the conversations happen on equal footing.
Scope
What we do
Four steps that build on each other. You take the decisions, we do the work.
- 01
Financing strategy
How much capital does the plan really need, in what form, and what does it cost in shares and in say? We settle that question before the investor search begins.
- 02
Investor documentation
Business plan, model and equity story are prepared so that an investor can test the assumptions instead of stalling on missing figures.
- 03
Investor search and process
We approach the right addresses, not as many as possible, and run the process so that you hold several options at the same time.
- 04
Negotiation and closing
Valuation, shareholders' agreement, governance and exit provisions. What is settled here determines your room for manoeuvre for years.
Control is a matter of negotiation, not of percentages
Whether you can still decide after the transaction depends less on the percentage than on the shareholders' agreement: reserved matters, appointments to the board, rules for a later exit. Negotiating only about the valuation gives away substance precisely here.
For IT, software and tech companies there is a further point: investors look at different metrics — recurring revenue, net revenue retention, customer concentration. We prepare those figures so that they are evidenced rather than asserted.
The four phases of a process are set out in the process overview, completed transactions under mandates.
Questions
Frequently asked
That depends on the capital requirement and on your role after the transaction. Both routes are viable, they simply lead to different groups of investors.
We prepare the documents. What we need from you is time for management meetings and for the decisions on substance.
Then the quality of the growth matters all the more. What counts is that the assumptions behind the plan can be followed.
Contact
Let us get to know each other
A first conversation, in person or remote, with no obligation. We will tell you plainly whether and how we can help.