Our Investment ProcessInitial Review
A Privast investment professional will review the business plan to check it with the basic criteria of the Fund. Initial discussions with the entrepreneur or referral source will provide for further information in order to qualify management, market and technology.
First visit
If the business fits Privast’s basic investment criteria, a meeting will be organized with management where we will review the business model, market positioning, distribution channels, product development, financials, etc.
Subsequent visits
A Privast investment professional will meet regularly with management and other key employees of the target company to review products/services, strategy, sales backlog/pipeline/forecasts and financial projections. At this stage, the investment professional may be joined by industry/technology specialists for a more in-depth analysis of the company’s offering and market positioning.
Partners presentation
The management team of the target company will be asked to make a presentation to all the Privast Partners. After a positive decision from the Privast partners, specific issues will be identified and communicated to management.
Due diligence
The responsible investment professional will coordinate the due diligence to verify the information from the business plan.
Discussions will be held with customers, vendors, business partners and references from management. A technical consultant may be involved to further review product design and to audit the functionality. A market specialist may be involved to assess the competitive positioning of the company and its growth potential.
Termsheet
After completing the due diligence, a detailed termsheet will be drafted that is tailored to the specific situation of the target company.
Legal documents
After negotiating the investment terms, a sector-specialized lawyer will coordinate with the responsible investment professional to prepare the investment documents.
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