| MergeComp™
is a software tool for computing and modeling the waterfall distributions
from a merger (or post-financing) back to security holders of a private VC-backed target company, where
the capitalization structure may be complex, multi-layered, and difficult to compute with spreadsheet models.
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| MergeComp is a perfect tool for performing
“what if” analyses, and determining the effects of different types of investment strategies.
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| MergeComp costs only $300 for each analysis
— but you may run up to two additional analyses for the same company (within 3 days of the first analysis)
at NO extra charge (a “3–in–3” benefit — perfect for modeling or
“what if” exploring).
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| HERE’S HOW IT WORKS:
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| You send us your Summary Capitalization Data including: |
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liquidation preferences, participation, options, warrants,
management bonus plan carve-outs, convertible notes, etc. |
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| We send you the Waterfall Analysis Spreadsheet showing: |
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EACH point of sale value at which the distribution changes
(due to caps, conversions, exercises, etc. – the “Transition Points”) |
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The distribution to each of the securities classes at each of the Transition Points |
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A cell where you can enter ANY SALES VALUE,
and see the distributions to all security classes at that sales value |
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Charts and graphs of the distributions to all security classes |
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| Click here
to see a Sample Waterfall Analysis Spreadsheet.
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| Who can benefit from MergeComp? |
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VC/PE firms investing in private companies
– evaluate your investment returns across all market values |
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Law firms servicing private companies
– accurately compute client distributions |
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Investment bankers servicing private companies
– understand key transition points of distribution |
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Acquirers acquiring private companies
– determine distributions to security holders |
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CEOs and CFOs of private companies
– compute your share of the acquisition proceeds |
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| ARE YOU SUBJECT TO FAS 157 (TOPIC 820) REQUIREMENTS? MERGECOMP CAN HELP! |
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See the entire waterfall analysis for each portfolio company |
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Enter any market value estimate into the analysis – to see the distribution back to you |
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Easily perform multiple sensitivity analyses for each portfolio company |
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