M A V E R I C K
Private and Confidential
Maverick Finance . Sell-side M&A . Project Spring
Go-to-market waterfall
126 buyers targeted across 8 stages from initial approach through to 0 accepted offers.
126
Targeted
18
NDA signed
1
Mgmt meetings
1
Offers received
0
8. Offer Accepted
100%
70%
14%
13%
5%
1%
1%
0%
126
Stage 011. Targeted
88
Stage 022. Contacted
18
Stage 033. NDA Stage
17
Stage 044. Reviewing IM
6
Stage 055. LOI Received
1
Stage 066. Advanced Discussions
1
Stage 077. Preferred Bidder
0
Stage 088. Offer Accepted
Preparation
Teaser and data room
Outreach
126 buyers contacted
NDA and IM
18 NDAs executed
Mgmt meetings
1 meetings held
Offers
1 received
0 8. Offer Accepted
Preferred buyer confirmed
+
Declined data
38
Declined
Early stage; pre-NDA
Why buyers passed
Strategic fit
Products
Timing
Commercial
Other
Strategic
Long term investor