Start
Finish
The average duration of the investment process is between 1 and 3 months.
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Meetting/confcall with target company
Internal discussions and analysis
• Identification of idea
• Initial review
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Market research
Business modelling and collaboration with target company
• Market research
• Competitive research
• Technology research
• Independent expert opinion
• Weighted average scorecard
• Investment rationale
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Investment committee evaluation and decision
• Business plan provided by target
• Investment plan
• Proforma business plan by NEVEQ
• Proforma financial model by NEVEQ
• DCF and comparable multiples
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External consultancy
• Market research
• Competitive research
• Technology research
• Independent expert opinion
• Weighted average scorecard
• Investment rationale
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• Term sheet
• Draft share purchase agreement (SPA)
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• Legal
• Financial
• Technical
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• SPA
• Contract negotiations
• Reps and warranties
• Legal closing
