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For founders too, when possible, many also prefer to raise from their existing investor base so as to maintain consistency and optimize for speed in duediligence and closing. It is what drives our dealflow, information advantage, ability to support our network, and more. since 2019.
Overseeing all the paperwork, legal, tax, and accounting docs required to make each investment and manage each SPV on an ongoing basis was time-consuming and onerous. For each one, I had to file tax returns, issue K1s, track expenses, pay annual franchise tax and registered agent fees, and communicate investor updates to the group.
Technology ranked 4th in dealflow but had the highest average pursuit rate, 8.76%, of all sectors. See below for the full Q3 deal activity overview on the Axial platform, and for a more detailed breakdown by industry, check out The SMB M&A Pipeline: Q3 2023. .”
We are able to complete duediligence with limited information. We Structure Compelling Economics for Buy-Side Deal Sources. From a financial perspective, CPS can be flexible with deal structure to meet unique tax or estate planning needs and/or allow for the owner to maintain equity in the business.
And what I think distinguishes us at Wellington is that we’re able to utilize our public market investors in the duediligence process in helping us assess. I’m I’m thinking about the tax consequences of what you just said. And so we, we kind of stay very stealth when we’re in the duediligence process.
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