Services for investors

We answer all questions relating to venture investments - from the selection of suitable start-ups to the preparation of due diligence and valuation through to the deal.

In doing so, we draw on our many years of experience in transaction consulting to maximise the potential for value enhancement.

We work in partnership with you to support you in the development, valuation and successful implementation of the right purchase decision.

Benefit from our start-up network.

We facilitate personalised matchmaking between start-ups and investors. To do this, we draw on our global network and offer access to extensive deal flows from relevant targets.

• Direct access to potential start-up investments that match your individual profile
• Professional sales projects processed and verified by our venture deals experts
• Provision of relevant information (pitch deck, financial model) for decision-making
• Identification of synergy effects

We will help you with the realisation.

In the case of asset-managing companies, the net asset value valuation is particularly suitable. This creates additional transparency and fulfils all documentation requirements. We support VC funds in the valuation of shares using the net asset value.

• Regular portfolio valuation - monthly, quarterly or annually
• Use of recognised standards such as IPEV
• Analysis of influencing factors to determine a realistic value under consideration

We support you in the valuation and structuring of employee shareholdings.

ESOP and VSOP employee participation programmes are in vogue among start-ups. Thanks to our many years of experience, we can support you in the transparent, suitable and cost-effective valuation and structuring of ESOP/VSOP programmes.

• Preparation and implementation of the appropriate form of employee participation
• Evaluation of ESOP/VSOP programmes using recognised procedures

Company valuations in the context of venture capital transactions.

The respective development phase of a start-up should be taken into account in the company valuation. Our experienced valuation experts will support you in answering all questions relating to valuation and accounting issues.

• Valuation based on recognised methods
• Review of the business plan
• Purchase price allocations, impairment tests and share valuation for the purposes of IFRS 9
• Fairness opinion in accordance with IDW S 8
• Valuation of intangible assets in accordance with IDW S 5

We will help you with the analysis.

A well-founded due diligence analysis is essential for any successful transaction. We recognise the financial, tax and legal opportunities and risks and are on hand to advise you.

• Buy-side and sell-side financial, IT, tax and legal due diligence - targeted collaboration with our colleagues from various areas
• Creation of a holistic overview for your transaction
• Combining the results of the due diligence and assessment to evaluate value-relevant contractual clauses such as liquidation preferences

We assess your recoverability according to recognised valuation methods.

Corporate restructuring measures are particularly common in young companies, for example changes of legal form. This makes an impairment test necessary for stock corporations and limited liability companies.

• Evaluation of the intrinsic value of a contribution in kind using recognised valuation methods
• Documentation on the basis of an impairment certificate

Our experts will prepare you.

Numerous regulations require regular documentation of start-up valuations or net asset values of the investment portfolio.

We help you to follow recognised valuation guidelines.

• Support with the implementation of internal valuation guidelines
• Reviews of net asset value valuations (e.g. IPEV value due diligence)
• Review of financial models
• Transparent presentation of information regarding comparable financing rounds and capital market data of peer companies (e.g. trading and transaction multiples)
• Derivation of risk-adjusted capital costs
• Development of future best practices

We will help you find the right investment for you.

Our venture matching programme gives you access to selected scale-ups and start-ups from Europe and Israel.

Benefit from our pre-selection:

• Hand-picked B2B SaaS scale-ups with proven business models
• Funding size: Series A > € 2 million
• All revenue-generating with significant customer base
• Brand positioning as a driver of innovation