Our Mission at DealsPlus
At DealsPlus, we are driven by a relentless commitment to simplify and enhance the complex world of private equity (PE). Our passion lies in empowering fund and portfolio teams with innovative, user-friendly tools that streamline cap table management, equity valuations, and investment structure management. We believe that by digitizing these critical processes, we can help our clients save time, reduce costs, and ultimately improve fund and portfolio performance. At the heart of everything we do is our dedication to making the complex simple, so our clients can focus on what matters most—achieving their investment goals.
Some of Europe’s best PE funds now choose DealsPlus. Over the past twelve months, we have welcomed 14 new PE funds to DealsPlus. We now digitise investment structures and cap tables for over 500 PE backed companies in UK, Europe, and US.
Product Update
The feedback on DealsPlus has been overwhelmingly positive, and our clients continue to expand their use cases with the platform. To support this growing demand, we’ve implemented over 100 product improvements this year alone. These enhancements-ranging from major new features to smaller refinements-underscore our commitment to providing a top-tier cap table and structure management solution for PE.
Here are some of the most significant feature releases we’ve rolled out this past year (listed in no specific order).
Role based access across fund, portfolio, and external advisor teams
At DealsPlus, we understand that managing PE investment structures and cap tables demands seamless collaboration across fund, portfolio, and external advisor teams. That’s why we’ve introduced secure role-based access controls, enabling funds to maintain a single source of truth across their investments while offering the flexibility to grant tailored access to portfolio, external advisors, auditors, and others.
You can now assign access using the following roles:
- Platform Admin: Provides full access to all investments, including the User Module for managing users.
- Platform Full Access: Grants full access to all investments, excluding the User Module.
- Structure Admin: Offers full access to specific portfolio structures, including the User Module for configuring user access within that portfolio.
- Portfolio Full Access: Grants full access to a specific investment, excluding the User Module.
- Compliance Tracker Access: Allows users to access the compliance tracker for selected portfolios only. Ideal when compliance has been outsourced, ensuring focused access.
- Legal Entity Level Access: Grants access exclusively to specific legal entities within a structure. This is perfect for your company secretaries (CoSec), whether in-house or outsourced, allowing them to manage their designated legal entities.
- Read-Only Access: Provides view-only permissions, suitable for roles such as fund auditors or depository banks for ownership verification.
- Structure Diagram Manager: Restricts access to structure charts alone within a specific portfolio structure.
- Data Room Access: Limits access to the data room within a portfolio structure only.
- Custom Permission Groups: Allows you to create custom permission groups and assign users according to your specific needs.
Our robust security measures ensure that sensitive information is well-protected, enabling secure collaboration and providing peace of mind for all stakeholders involved.
Note: There are no restrictions or additional costs related to the number of users within DealsPlus, as we do not price per user.
Intelligent Workflows, Sign-Offs, and Cap Table Validation
You can now:
- Verify each transaction log against underlying documents.
- Enable quarterly sign-offs of each portfolio’s cap tables at multiple levels. For example, many of our clients have their cap tables signed off by both the portfolio CFO and the deal team member responsible for that portfolio.
These features ensure regular reviews and provide fund finance teams with verified data for quarterly valuations and reporting across the portfolio.
We further enhanced our cap table module with the ability to track share options, loans to shareholders, external debt, and beneficial ownerships
At DealsPlus, our goal is to enable the tracking and valuation of every instrument within a PE capital structure. To achieve this, we’ve introduced the following features:
Share Options
You can now track share options in DealsPlus.
Loans to shareholders
Loans to shareholders, particularly management teams, for acquiring sweet equity are common in PE deals. To provide a comprehensive view of the capital structure, monitor tax risks, and accurately calculate exit distributions, we’ve introduced the ability to monitor loans granted to management teams for equity purchases. This includes automated interest schedules to track the total outstanding balance, ensuring precise and up-to-date financial insights.
External Debt Tracking
In addition to tracking and valuing shareholder loans and preference shares, you can now track and value external debt within DealsPlus. This includes the ability to manage and value floating rate debt, providing a more comprehensive view of your capital structure.
Note: Automated interest schedules for loans and preference shares are a significant time saver during quarterly valuations and portfolio exits.
Reserve Shares
We’ve added the ability to track reserve shares, allowing you to see both current ownership and the fully diluted position. This feature enables equity to be valued on both a current and fully diluted basis, providing a more accurate and comprehensive view of ownership stakes.
Beneficial Ownership
Easily view both legal and beneficial ownership at each entity level and across the entire structure. This feature supports legal, accounting, KYC, and valuation workflows. You can also generate detailed beneficial ownership reports for comprehensive insights.
These enhancements ensure that DealsPlus remains a comprehensive tool for managing complex PE capital structures that helps with accounting, valuations, legal, and tax analysis.
Document Tracking and Detailed Transaction Logs
We’ve introduced the capability to validate each transaction log with corresponding legal documentation, stored securely in a custom data room. This includes comprehensive logs to help verify and validate each transaction. These accurate transaction logs ensure that your cap tables, interest schedules, registers, and structure charts are auto-generated with precision.
Luxembourg, UK, and Jersey Share Registers
We have now introduced compliant share register downloads for Luxembourg, UK, and Jersey, with plans to expand this feature to include additional countries. Even in countries where we don’t currently offer locally compliant registers, DealsPlus allows customers to easily use and extract relevant data needed to produce locally compliant share registers.
Note: Ensuring that a single source of transaction logs generates the cap table, legal register, interest schedules, and structure charts reduces the risk of errors and mismatches.
Equity Valuations
Our mission is to empower our customers to seamlessly value and report the equity of any portfolio company, no matter how complex its structure. DealsPlus enables this by tracking multi-level holding structures, as well as both equity and debt instruments, including automated interest schedules for precise debt valuation.
In Q1 this year, we released a standardized waterfall template that leverages structure information, cap table data, and distribution economics to accurately value equity.
Additionally, we introduced a custom waterfall module that allows clients to integrate their own waterfall models with DealsPlus data. You can also download vertical cap table data across one or more portfolios and link it with your local Excel models, providing full flexibility to value and report equity in the way that best suits your needs.
We have some exciting features in the works to make valuation and reporting even more comprehensive.
Final Thoughts
We take great pride in our relentless customer focus and are thrilled to have delivered these enhancements to help our customers work faster and smarter. In the first half of 2024, we connected with more customers in person than ever before, collaborated with organizations across the ecosystem—accounting firms, law firms, administrators—and sponsored leading industry events such as the Drawdowns Operational Leaders’ Summit, the Luxembourg Valuation Professional Associations Summer Event, and CFO meets for our fund clients.
For the remainder of 2024 and beyond, you can count on us to aggressively pursue our exciting product roadmap. Our goal is to help you automate even more aspects of your processes, data management, reporting, and transactions. Coming soon, we are expanding our structure chart, data room, legal entity, and valuation modules to make DealsPlus valuable across a broader range of use cases, including KYC, fund audits, administration, and portfolio exits.
Thank you for your continued support—here’s to achieving even greater success together throughout the rest of 2024 and beyond!
Curious about how these updates can benefit your team? Request a personalised demo to see how DealsPlus can transform your cap table management and equity valuations.