Equity returns — MOIC, IRR and payback from dated cash flows. Negative amounts are money you put in.
Indicative business value — Normalised EBITDA first, then a low / base / high value and the bridge to equity. Indicative, not a certified valuation.
Seller net proceeds — From enterprise value to the cash you receive at closing, separating deferred and contingent amounts.
Exit and acquisition readiness — Completeness and quality of your evidence. It is not a probability of selling or buying.
Growth initiative ROI — Incremental cash, payback and ROI of one initiative, with conservative and high cases.
Buy-and-build — A platform that acquires on a schedule. Deals happen only when cash, debt and equity cover them.
Fees and engagement cost — What a mandate costs before, during and at closing, under the standard 5% flat success fee. Example of the proposed offer, not a contract.
Funding round and dilution — Priced equity round with optional secondary sale. Dilution uses gross capital; fees reduce cash, not ownership.
Runway and funding gap — When cash reaches your reserve, and how a late tranche changes it. Hypothetical funding is shown separately.