Scale-ups · Series B+

Raise, acquire, or both?
Make the informed call.

A dedicated M&A director who runs your capital operations through to closing: fundraising, acquisitions, structuring. Embedded with your team, at a fixed price.

25+
Years of M&A experience
400+
Deals supported
< 1 wk
Per État des Lieux
2%
Success fee

Managing growth and capital at the same time

You’re managing 20%+ annual growth. But between the next fundraise, acquisition opportunities, and governance structuring, who’s actually driving your capital agenda?

No bandwidth

Your CFO handles the day-to-day. Your board wants a capital strategy. Nobody has the time to evaluate options, screen targets, or prepare the next transaction.

Multiple transactions, zero coordination

A Series C raise, a parallel acquisition, a governance restructuring. Three different advisors who don’t talk to each other. You need a single pilot.

The clock is ticking

Every quarter without a clear capital strategy means a target going to a competitor, an investor backing someone else, a market window closing.

Your situation through an investor’s eyes

In under a week, you know exactly where you stand — and what to do next.

État des Lieux Capitalistique

< 1 week · €1,350 excl. VAT · Counts toward your first month of Watch
Capital strategy — raise, acquire, or both? A reasoned recommendation
Opportunity mapping — potential targets, relevant investors
Indicative valuation — initial range and identification of the right methodology
Structural analysis — cap table, governance, debt, optimization
Red flags & optimization — what an investor or acquirer would see
Roadmap — dated and sequenced action plan
No further commitment required. If the État des Lieux convinces you, we discuss next steps. If not, you keep the report.

An M&A director embedded with your team

What your CFO doesn’t have the time, the skills, or the tools to do.

Watch
€1,350 /month
  • ✓ Capital strategy monitoring (raise vs. acquire)
  • ✓ Sector M&A watch (transactions, consolidation)
  • ✓ Capital scorecard (valuation, debt, cash position)
  • ✓ Red flag tracking & optimization
  • ✓ 1 strategic check-in / month (1h)
  • ✓ 48h response time
Popular
Strategy
€2,150 /month
  • ✓ Everything in Watch +
  • ✓ Target screening (summary sheets, enriched monthly)
  • ✓ Capital scenarios (quarterly updates)
  • ✓ Strategic documents (creation, review & monthly updates)
  • ✓ Financial model (build & monthly updates)
  • ✓ 4 check-ins / month + dedicated channel
  • ✓ 24h response time
Execute
€2,950 /month + 2%
  • ✓ Everything in Strategy +
  • ✓ All modules included
  • ✓ Multi-transaction management (fundraise + acquisition)
  • ✓ Target outreach & initial contacts
  • ✓ Negotiation & DD coordination
  • ✓ Advisor coordination (legal, tax)
  • ✓ Board / shareholder committee preparation
  • ✓ Unlimited check-ins, 4h response time

Minimum commitment 3 months (monthly) or 12 months (-20%).

How it works

1

30-minute call

We understand your situation, your challenges, your timeline. Free, no commitment.

2

État des Lieux

Your situation through an investor’s eyes. Delivered in under a week.

3

Tailored roadmap

What to do, in what order, at what cost. You decide what comes next.

Not ready for a subscription? The modules below can be mobilised independently.

Fixed-price deliverables, no subscription required

Each module can be mobilised independently. One need, one deliverable, one known price.

Fundraising

Diagnostic & Strategy<1w
Fundraising readiness audit, market positioning, indicative valuation, fundraising strategy, red flag remediation. 2h presentation + Q&A.
Investor documentation<2w
Pitch deck (15-25 slides), executive summary, narrative business plan, blind teaser. 2-3 iteration rounds + pitch coaching (2h).
Financial model<2w
3-5 year forecast, 3 documented scenarios, pro-forma cap table, detailed unit economics, sensitivity analysis. Investor walkthrough (1h).
Investor mapping<1w
Long list of 50-100 investors, multi-criteria scoring, warm/cold strategy, Before Partners warm paths, 3-wave prioritisation.

Sell-side

Diagnostic & Valuation<1w
Multi-method valuation tailored to the company profile. Normalisation adjustments, comparable transactions benchmark, valuation levers, timing recommendation. 2 presentations.
Buyer documentation<2w
Sale memorandum, blind teaser, pre-emptive Q&A (30-50 items), management presentation. Coordination with accountant and auditor.
Financial Databook<1w
Normalised financials over 3-5 years, documented adjustments, EBITDA/WC/capex bridge, operational KPIs, management case forecast. Tax return/auditor reconciliation.
Data room<1w
Professional VDR setup, structured file tree, DD checklist (200-500 items), population and indexing, access management and permissions, buyer Q&A tracking.
Buyer mapping<1w
Long list of 30-80 buyers, multi-criteria scoring, profile segmentation, recent transactions analysed, sequenced outreach strategy.
Vendor Assistance<2w
See the accounts as the buyer will see them. Identify and fix weaknesses before going to market. Anticipate DD questions.
Vendor Due Diligence<3w
Independent report for potential buyers. Quality of Earnings, EBITDA normalisation, working capital analysis, net debt, structural risks. Produced as an independent third party — condition: standalone module (outside subscription).

Buy-side / Acquisition

Acquisition strategy<1w
Strategic buyer diagnostic, acquisition thesis, ideal target profile, weighted scoring matrix, sector multiple benchmark, mapping of 50-100 companies.
Outreach & coordination<2w
Key contact identification, personalised approach teaser, direct outreach, first meeting preparation, post-meeting debrief + next steps, NDA coordination.
Target analysis<1w
3-5 year financial analysis, multi-method valuation, red flags identified, strategic fit vs thesis, quantified synergies, indicative deal structure.
Buy-side Due Diligence<2w
In-depth financial analysis, red flag identification, key contract review, Quality of Earnings (QoE) analysis, post-DD adjusted valuation, final Go/No-Go recommendation.

Plan your next capital transaction

30 minutes to assess your situation and define the next steps.