Situation
Our Client, a US-headquartered VC firm was advising a K-12 EdTech start-up on its acquisition by a large conglomerate.
Solution
JMI was engaged in the end-to-end process of deal sourcing including:
- JMI team extensively reviewed the EdTech Company from an operational, financial, and market perspective.
- Identified comparable companies with similar K-12 STEM transactions and derived the EV/Revenue multiple of comparable companies.
- Figured out the pre-money and post-money valuation at EV/Revenue multiple of 2.1x and 3.3x respectively.
- Developed pre-deal presentations including acquisition thesis and investment highlights.
- JMI also supported investor/buyer search and was involved in virtual data room management.
Outcome
- JMI helped the client in preparing a strategic presentation for the acquisition of the EdTech start-up.
- JMI also helped the client in reaching out to potential buyers.
Sample Works
