You've poured your life into building something extraordinary. We'll ensure it earns the extraordinary valuation it deserves.
We partner with later-stage founders and their stakeholders to streamline cap tables, enhance revenue and margins, and architect dual-track IPO and M&A exits into U.S. markets within 12–24 months.
We’ve been in your shoes, built companies, and walked the IPO and M&A gauntlet ourselves.
Through a five-layer exit architecture, Value Creation, Capital Stack, Ownership & Governance, Narrative, and Exit Optionality, we turn complexity into an engineered path from “stuck” to liquid.
Case Studies
Global Cybersecurity Platform: US IPO 2026 target
SERVICES:
Exit Readiness Playbook · Fractional/Interim CFO Office · Capital Stack & IPO Syndicate Design · Cross-Border Redomicile
NED turned a founder-managed cybersecurity vendor into an IPO-ready global platform. We rebuilt the company’s financials to full IFRS with a five-year integrated P&L, balance sheet and cash-flow model, designed a bookings–billings, backlog and stage-weighted pipeline engine, led the cross-border redomicile while acting as interim CFO, and aligned a top-tier bank syndicate on a clear 2026 US listing path.
Conversational AI in Regulated Markets: Dual Listing 2027 Target
SERVICES:
Product–Market Optimization · Financial Engineering · Margin and Unit-Economics Redesign · Internal Capital Unlock
NED reframed a complex, quota-driven business into a clean SaaS-plus-services story that public investors can underwrite. We converted quota-based reporting into a full accrual three-statement model, collapsed seven overlapping product lines into three scalable baskets, surfaced internal funding to drive a SaaS expansion, and redesigned pricing and delivery to lift gross margin on the largest cost line from 5% to 10%, creating transparent unit economics and a credible path to profitability.
AI-Native Design & Simulation Platform: Dual Track, 2027 Target
SERVICES:
Value-Creation Path Management · Financial Model Rebuild · Go-To-Market and MVP Focus · Exit & Financing Orchestration
NED moved an early 3D AI design platform from opaque, AI-generated forecasts to an investor-grade SaaS engine with dual IPO and M&A optionality. We replaced black-box projections with a transparent three-statement model tied to CAC, differentiated pricing, customer acquisition and installed-base ARR, sharpened the product around a plug-in MVP for a clearly defined early-adopter segment, and used that clarity to align a legacy investor, secure a growth financing round, and launch an enterprise closed beta while keeping 2027 exit paths open.
Team Track Record
Engineered outcomes, not just advice
These are the kinds of value creation and exit arcs we design with founders and their investors:
Why We’re Different
Our Portfolio & Partners
Most Asian founders don’t have a clear exit path—let’s build yours.
We work with later-stage AI, cybersecurity, fintech, and industrial tech leaders, typically in the US$100M–1B enterprise value range, who want a U.S. IPO or strategic sale but lack the capital stack, governance, or narrative to get there.
On each mandate, we:
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Align founders and investors on a defined exit event and valuation target
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Design a clean capital vehicle for growth + secondary liquidity
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Install an operator-grade Value Creation Path and Exit Readiness Playbook
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Run dual-track investor and buyer processes until the close
Work with Partners, Not Juniors
Jonathan Kim
Growth executive with 25 years of scaling, structuring, and exiting high-growth AI and deep-tech businesses; P/L owner at Samsung, Sony Entertainment, Ericsson, Qualcomm, founding member at Beyond Limits; led US$350MM IPO, US$133MM Series C. At NED, Jonathan designs the Value Creation Path and growth sprints that underpin each exit mandate.
Robert Blinn
Capital markets veteran with 20 years of experience crafting high-value financial narratives, timely due diligence processes, and investor-ready capital structures; US$300M telecom NASDAQ IPO, US$1.7B healthcare trade sale, US$4B of structured credit raised, grew hedge fund US$20MM→US$1B. At NED, Robert leads capital stack design, underwriter and buyer engagement, and dual-track deal execution.
Steve Cho
C-suite leader and patent holder with a 25-year track record scaling startups to multibillion-dollar companies, driving growth and value creation across e-commerce, tech, CPG, and private equity (IAC, Yahoo!, Samsung, Coupang, iHerb); led US$1.3B revenue growth and US$85M Series C. At NED, Steve drives operational value creation—revenue, margin, and M&A roll-ups—that support higher exit multiples.
Claus Nehmzow
M&A deal hunter and acquisition orchestrator with 30 years at the intersection of technology and business; former partner at top-tier management consulting firms, led AI and green energy initiatives across oil & gas and maritime with BP and Eastern Pacific Shipping; built end-to-end biofuel value chains and scaled deep-tech ventures, specializing in structuring exits and strategic acquisitions for complex, high-impact businesses. At NED, Claus leads buy-side and sell-side strategy and strategic acquirer engagement.
Capital Market Advisors
David Waldman
Investor relations executive with 25 years of experience that has resulted in over a billion dollars in capital raised across thousands of investor roadshows, supporting hundreds of companies in going public through IPOs, direct listings, reverse mergers, and SPACs. At NED, David shapes the public-company story, analyst education, and post-listing IR.
Brice Penaud
Expert in Special Purpose Vehicles (SPVs) for targeted investments, creating strategic pathways for immediate funding, and helping navigate the complexities of the investment and regulatory landscape. At NED, Brice structures founder, investor, and continuation SPVs that create clean capital entry and secondary liquidity without double fees.
How We Create Liquidity
Layer
What we engineer
Results
Value Creation
Revenue & EBITDA lift, bolt-on M&A
Exit-ready metrics
Capital Stack
U.S. SPVs, founder cash-outs
Clean vehicle
Ownership & Governance
Cap-table sweep, U.S. board
De-risked control
Narrative
“Strategic resilience” story
Higher comps
Exit Optionality
Dual-track IPO / M&A / secondary
Faster liquidity
For Investors
We partner with select funds and secondaries groups to create liquidity solutions that de-risk their portfolios. Our engineered exits provide:
Faster DPI
Through secondary liquidity and clean cap-table vehicles—single-asset and series SPVs built to avoid double fees, match fund life, and deliver 18–36 month exit visibility.
Premium U.S. comps
By re-architecting governance, story, and capital structures, we underwrite at exit-backed valuations (e.g., forward EBITDA, ARR multiples) rather than “hope and hype,” and pre-align underwriters and strategic buyers.
Optionality
Via dual-track IPO and M&A strategies, continuation vehicles, and structured founder/LP liquidity that keep existing funds whole while inviting in new capital.
Our SPVs and advisory model are designed for:
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Secondary funds seeking short-duration, de-risked entry into late-stage tech
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LPs seeking top-quartile returns and early liquidity optionality
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VCs looking to accelerate exit or recapitalize top portfolio companies
Let’s discuss how we can work together.