Valuation and deal terms
What should we pay, and on what terms?
Pactlab turns accepted risks into explicit adjustments and runs deterministic valuation scenarios. Change a risk and every scenario that depends on it is marked stale.
What it does
Methods
ARR multiples and discounted cash flow, with LBO returns for take-private deals.
Sensitivities
Two-way tables on the inputs that move value most.
Purchase-price bridge
From enterprise value to equity price: cash, debt, debt-like items, working capital and risk adjustments.
Stale on change
Re-price or reject an accepted risk and dependent results are flagged until they are re-run.
Frozen submissions
A submitted scenario is stored byte for byte with its digest and never rewritten.
Four eyes
The person who submits a valuation cannot approve it.
What the reviewer gets
An approved, frozen valuation whose every adjustment traces to an accepted finding.
Where it sits in the loop
01 · Evidence
Collect the evidence
Billing records, repositories, delivery data and documents — normalized, hashed and kept with their source.
02 · Finding
Draft the findings
Analysts, scanners and models draft issues that cite the evidence they rest on.
03 · Review
A person decides
A named reviewer accepts, rejects or asks for support. Nothing is accepted by a machine.
04 · Assumption
Price the risk
Accepted risks become explicit, versioned inputs with a price range and a basis.
05 · Valuation
Run the numbers
Deterministic scenarios and a purchase-price bridge, run from stored inputs.
06 · Deal terms
Set the terms
Price adjustments, escrows and indemnities, each tied to the risk that justified it.
Pilots with acquirers of software companies
We are working with a small number of design partners on live deals. If you buy or invest in software businesses, talk to us.