ABI ANALYTICS
PRIVATE EQUITY RESEARCH SUPPORT
Research, Opportunity & Feasibility Assessment, Valuation And Documentation Support Across The Deal Life Cycle
PRIVATE EQUITY & VENTURE CAPITAL: RESEARCH SUPPORT ACROSS DEAL CYCLE
Leveraging Our Multi-Disciplinary Analysts With Deep Experience & Sector Know-How For Research, Analysis & Modelling Support For Deal Identification, Transaction & Portfolio Management; Expertise In Feasibility Assessment, Information Memorandum & Valuation
ABI’s PRIVATE EQUITY & VENTURE CAPITAL RESEARCH SUPPORT SERVICES
ABI’s Private Equity & Venture Capital Research Support Services are focused on providing high-end research, analysis, modeling and deal-documents preparation services to them across the deal cycle. We enable Private Equity and Venture Capital firms (PE/VC Firms) to become focused on transactions and deal making, while leveraging our experienced analysts pool to meet all their research needs.
As PE/VC deals are less about number crunching and more about deep-dive understanding of the business model feasibility given techno-economic conditions, what really differentiate effective evaluation of viability of the PE/VC investments is the domain expertise of the research analysts in 1) evaluating business model feasibility, 2) modelling & evaluating financial feasibility and 3) incorporating all existing and potential risks and their impact on feasibility and modelling.
Our analysts achieve this through focus on multi-pronged feasibility assessment and the integrating and translating information into financial analysis. Our feasibility assessment includes macro-economic analysis, market assessment, commercialization potential of technology, policy & regulatory landscape analysis, demand estimation, and physical & technical feasibility studies. All these helps us in a much incisive understanding of revenue & cash flow maximization opportunities and associated risks.
Leveraging our multi-disciplinary professionals with extensive experience and technical know-how across PE/VC deals, we either complement our client’s in-house team and/or work as an extension of their transaction team.
FUND RAISING RESEARCH SUPPORT
Funding Environment Assessment
Macroeconomic / Sector Assessment
LPs Profiling & Database
Benchmarking & Validating Fund Strategy
Roadshow Pitch/Presentation
Private Placement Memorandum
RFP/RFI Support
PRE-DEAL ANALYSIS & SCREENING
Industry and Sector Studies
Value Chain Analysis
Technology Trends Assessment
Policy & Regulatory Landscape
Target Identification & Profiling
Summarizing Sell – Side IMs
Valuation Assessment
DEAL-EXECUTION RESEARCH
Business Model Feasibility Studies
Financial Feasibility Studies
Techno-economic Feasibility
Business Due Diligence Support
KPIs & Benchmarking
Deal Viability Assessment
Investment Document (IM / PPM) Drafting
DEAL EXECUTION MODELLING
Financial Modelling & Valuation
Operational Modelling
Leveraged Buyout (LBO) Modelling
Capital Structure Analysis
Funds Requirements & Returns Analysis
Debt & Covenants Analysis
Modeling Structured Payouts
PORTFOLIO MANAGEMENT & GROWTH
Portfolio Reporting
Investment Committee Presentation
Portfolio Valuation for Auditors
Growth Opportunities For Portfolio Companies
Investor Communication
Sales & Marketing Support
Newsletters / White Papers
EXIT / VALUE REALIZATION
Strategic Options Assessment – IPO / M&A
Investment Memorandum/Prospectus
Road Show Presentation
Identifying Strategic Buyers
Identifying Financial Buyers
IPO Readiness Assessment
Transaction Financial Modelling & Valuation
DEEP EXPERIENCE…
100+ PE/VC deals supported with deep-dive Feasibility Studies, Financial Modelling & Transaction support research across diverse industry sectors and geographies
New Age Sectors: Technology | Semiconductor | Software | Biotech | Alternate Energy I Software I Artificial Intelligence I E-Commerce & Internet-Enabled Businesses I Smart City I Blockchain
Traditional Sectors: Real Estate I Infrastructure I Utilities | Manufacturing | Energy | Food & Consumer Products I Agribusiness | Banking & Financial Services I Insurance | Metals & Mining | Media & Entertainment | Healthcare | Telecommunication
Region: 20+ countries across Asia-Pacific, the Middle East, Africa, the Indian Sub-Continent
Research: 50+ Feasibility Studies I 100+ PE Models & Valuation I 20+ LBO Transactions
PROFESSIONAL EXPERTISE…
80+ years of combined private equity research experience with deep-dive fundamental analysis, financial modelling, deal valuation, thematic research along with expertise on multiple valuation techniques;
Team: 10 professionals with top 4-principals each having more than 10 years of private equity research experience
Qualification: MBA Finance I CFA I CPA
Experience: Investment Bank I Private Equity I Project Finance I Corporate Strategy I Business Consulting
COMPLEMENTARY CAPABILITIES…
Our ability to leverage experienced professionals from various domain to quickly understand sector/geography specific nuances is an added advantage
Sector Experts: 30+ sector experts with 10+ years of average domain experience
Technology Experts: 10+ technology intellectual property experts to help understand nuances of technology and their commercialization potential
Market Research: Internal Knowledge Base of 100+ market research to quickly understand business drivers and sources of value creation / destruction
Database: Internal Database on “guideline public companies” across geographies and growth curve, with their operational and valuation multiples, to help quickly understand factors impacting investment viability
CASE STUDY 1
ABI HELPS A PRIVATE EQUITY FIRM IN INVESTMENT EVALUATION IN E-COMMERCE SPACE
THE CLIENT
A leading Private Equity firm in Asia-Pacific wanted to evaluate the Indian E-Commerce & Internet Enabled Businesses space for potential investments. The PE Client was looking for end-to-end support on deals screening and deal evaluation support from ABI analysts.
SCOPE OF WORK
The client needed support across the deal cycle and the proposed scope of the work included:
- Market opportunity assessment
- Shortlisting potential deals
- Deep-dive analysis on shortlisted companies
- Financial modelling and investment recommendation
- Due-diligence support
- Deep-dive valuation with sensitivity & scenario analysis
- Research support for negotiation
ABI SOLUTION
- ABI deployed a multi-disciplinary team of domain experts and technology consultants to help the client across the deal cycle.
- SCREENING
- ABI team screened 10+ sectors with deep-dive analysis to evaluate Industry Attractiveness given the Indian macroeconomic and demographics profiles. These sectors were then compared on their relative attractiveness to each other.
- ABI Team screened 200+ Indian e-commerce companies across the identified domains to prepare a shortlist of 12 names. For these 12 companies, ABI conducted a high-level evaluation of their business model, financial performance, website traffic, conversion rate, unit-economics etc. to benchmark performance and business viability. After this exercise – 5 companies were selected for potential investment discussions
- DEAL-EXECUTION
- Domain experts with deep-dive financial modelling expertise studied key business drivers and future visibility – macroeconomic analysis, domestic consumption and key drivers thereof, profit pool analysis across segments, competitive landscape analysis, digital access and consumer behavior, market survey and assessment etc. All these studies included scenario building, risk assessment and impact analysis. This analyst also translated all business drivers into incisive financial models and developed a financial-tool to support negotiation discussion
- Technology experts studied the business model of the Indian e-commerce players, their key differentiators vis-à-vis local and global competitors etc. The objective was to understand if these players can attract and retains their customers and run the business in cost-optimal mode based on deployed technologies.
- ABI team worked on-site with PE and Investee firms to support due diligence and other related aspects of the deal
ENGAGEMENT BENEFITS
- The client leverages out analysts and domain experts on project basis thereby maintaining a lean and cost-effective structure
- Time-efficient as multiple teams were able to work on different aspects of the deals, making the client’s team to focus on negotiations and meeting while ABI took care of all the research work
- Continuous communication and discussion on interim deliverable meant that the entire deal team was aligned with the same objectives