Valuation Critical to Capital Raise
Raised $400M at $200M pre-money
The Situation
- Client developed disruptive technology for data centres and needed to raise hundreds of millions for build-out
- Big 4 Accounting Firm valued the technology at $40M, which would have made the raise not viable
The Client
Board of Directors - Hardware Infrastructure Provider
Outcome
- EverEdge recognised critical importance of intangibles and completed a comprehensive valuation of these assets at $200M
- Valuation accepted by major i-bank, underpinning raise.
Result
Raised $400M at $200M pre-money