Clients often call Venadar’s External Innovation Process their “micro-acquisition process.” At each step in our process, there are metrics to track progress and measure success. Through practical experience, Venadar understands the deliverables, strategies, processes and cultures of the Fortune 500 environment and also the motivations and limitations of entrepreneurs. With Venadar as the catalyst, speed-to-market and measurable results increase in a way that neither party can do alone. Through Venadar’s focus on executing a well-defined process and producing tangible results, Venadar differentiates itself from consultants who focus on strategy and idea generation and investment advisors who focus on the financial structure of a deal.
Identify Top 5–10 Targets
Analyze market intelligence for site visit implications
Conduct introductory site visit and preliminary evaluation
Client review of deal hypothesis before authorizing Venadar to proceed
Conduct second site visit to Target to discuss detailed deal hypothesis
Document proposed deal structure and terms – Venadar verbally reviews Client proposal with Target
Document final deal structure and terms with a memo of understanding approved by Client
Execute memo of understanding with Target
Execute transaction via Client M&A process
Begin new Client–Target relationship
Analyze market intelligence for site visit implications
Conduct introductory site visit and preliminary evaluation
Client review of deal hypothesis before authorizing Venadar to proceed
Conduct second site visit to Target to discuss detailed deal hypothesis
Document proposed deal structure and terms – Venadar verbally reviews Client proposal with Target
Document final deal structure and terms with a memo of understanding approved by Client
Execute memo of understanding with Target
Execute transaction via Client M&A process
Begin new Client–Target relationship