& Venture Capital

At KraftCPAs, we’ve helped clients build, preserve, and transfer business value and personal wealth since 1958. We have the diverse range of technical acumen, industry knowledge, and extensive transaction experience required to help private equity groups and venture capital firms with developing strategic growth plans, evaluating various business opportunities, executing deals, and providing ongoing support after a transaction.

Let us help you get the deal done.

Experience Services

The KraftCPAs transaction advisory team has Buy-Side extensive experience with various transaction »» Due diligence types, including leveraged , minority »» Quality of historical earnings assessments interest transactions, going-private transactions, »» Industry & competitive analysis mezzanine and senior financings, executive »» & price modeling » Purchase price allocation compensation matters, leveraged dividends and » »» Tax planning , and initial public offerings (IPOs). »» Fairness opinions »» Deal origination, advising & negotiation Many of our executives are adroit negotiators — »» Transaction accounting having developed this skill set through decades of »» Post-deal support, including post-closing experience working with private equity groups and disputes & post-merger integration venture capital firms, as well as attorneys, bankers, and investors, on both the buy-side and sell-side of Sell-Side / Portfolio Management transactions. »» Business & growth strategy »» Merchant & - deal And with more than 200 team members at advisory KraftCPAs and our affiliates, we are also available »» Capital formation to provide manpower and expertise in tax, »» Exit & succession planning accounting, external, internal and IT audit, »» Valuation updates & modeling » Cash flow analysis valuation, , research, business » »» Value enhancement projects planning, and investment banking. 615-242-7353 ext. 193 [email protected] PEG & VC Services kraftcpas.com/private-equity CONTACT

Below is a representative sample of our work with private equity groups and venture capital firms (on both the buy-side and sell-side).

Valuation Sell-Side Buy-Side Buy-Side of Investment Banker Purchase Price Purchase Price Personal Allocations Allocations Single Specialty Company Physician Practice Physician Practice Media Companies in the in Tennessee with Multiple Office Locations Across the U.S. Construction Industry Across the U.S. Acquired by a Acquired by a Division of a Publicly Traded Acquired by a Acquired by a Private-Equity-Backed Multi-Specialty Practice Private-Equity-Backed Company Publicly Traded Management Company Company in the on the Holding Company in Florida Southwest U.S. West Coast Transaction Value: $100M Transaction Value: $60M Total Transaction Value: $58M Total Transaction Value: $46M

Buy-Side Fairness Buy-Side Buy-Side Due Diligence Opinion Due Diligence Due Diligence

Full-Service Machine Requested by the Recycling System & Waste Structural Steel, Plate Work Shop for the Aerospace, Board of Directors of a Management Process & Material Handling Systems Motorcycle, Firearms & Publicly Traded Company Development Company Designer & Fabricator Agriculture industries Related to a Acquired by a Acquired by a Acquired by a Forced Buy-Out Private Equity Private Equity Private Equity Investor for a Investor Group Investor Group Group in Tennessee Going-Dark Transaction in Tennessee in Tennessee

Transaction Value: $30M Transaction Value: $29M Transaction Value: $23M Transaction Value: $18M

Sell-Side Sell-Side Sell-Side Sell-Side Investment Banker Financial Advisor Due Diligence Financial Advisor

Specialty Mechanical Multi-Office Environmental Custom Packaging, Specialty Healthcare Contracting Firm Commercial Testing Crating & Assembly Population Health in Tennessee Laboratory Firm Manufacturer Management Solution in Kentucky Provider in Mississippi Acquired by a Subsidiary of a Private-Equity-Backed Acquired by a Acquired by a Acquired by a Commercial Construction Private-Equity-Backed Privately Held Family Office from a Private Roll-Up Platform National Lab Operator Manufacturing Business Equity Investor Group in Tennessee in Tennessee in Tennessee in Tennessee Transaction Value: $12M Transaction Value: $10M Transaction Value: $5.75M Transaction Value: $3M

When TVV makes investments, KraftCPAs is our go-to firm. They are flexible and responsive, and they tailor their due diligence work “to meet our needs. During their due diligence work, Kraft has helped us identify critical issues, so that we can make better-informed decisions about our investments. We rely on KraftCPAs not only for due diligence/quality of earnings engagements, but also for tax and assurance services following transactions. We feel that KraftCPAs is an indispensable

TVV Capital PLLC Feb. 2020 © KraftCPAs Client Review extension of the TVV team.” Jim Gaittens