Optimizing VC/PE Portfolio Companies for Exit

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This is a joint seminar being organised with the Danish American Business Forum. You are invited to join us to discuss:

Optimizing Venture Capital/Private Equity Portfolio Companies for Exit

 


This conference is about "beginning with the end" when doing Venture Capital or Private Equity deals. VC/PE investors, and those companies who receive their funding, will hear comparisons of DK, UK and USA practices relevant to the four stages of exit planning: upon investing, while managing/growing the company, while selling it, and post-sale. Practical pointers and guidance will be emphasized, in an interactive setting.

A cross-border panel consisting of experienced VC and PE legal and accounting advisers from the UK, USA, and Denmark, with a combined experience in nearly three dozen countries and a variety of industries (life sciences, IT, telecom, cleantech, financial services, industrial and more) will analyse the lifecycle of VC/PE deals. Dialogue between the audience and the panel will be encouraged.

Who should attend:

Players in the venture capital and private equity space – those who invest, those who seek to obtain VC and PE funding, those who purchase companies from VCs/PEs.

08:30 Registration

09:00 Welcome by Einar Dyrhauge, Executive Director, DABF, and Niels Kornerup, Partner, Bech Bruun

09:15 Investing, carrying and managing a portfolio

• Equity documents
• HR issues
• IP and inbound licenses
• Investor group issues
• Protecting your Fund
• IP strategy, business strategy, licensing

10:45 Coffee break

11:00 Preparing for and doing the exit

• Basic M&A value-propositions and drivers
• Valuation/price
• Pre-merger planning for post-merger integration
• Basic deal structures, process and protection

11:30 After the exit

• Earn outs
• Need access to info to verify calculations
• Ability to challenge accounting treatment
• Creditworthiness of purchaser
• CVR?
• Managing/minimizing claims, indemnifications and risks

12:00 Refreshments and Networking

These issues will be discussed by a cross border panel consisting of experienced VC and PE legal and accounting advisers from the US, UK and Denmark:

• Albert Sokol (USA), EAPD (Panel chairman)
• Niall McAlister (UK), EAPD
• Shawn Atkinson (UK), EAPD

• Jens Christian Rasmussen (DK), Bech-Bruun

• Jacob Holm (DK), Transaction Services, Deloitte Financial Advisory Services

• Jan Johan Kühl (DK), Polaris Private Equity

Where: Bech-Bruun, Langelinie Allé 35, Copenhagen

When: Thursday September 29, 2011