Run M&A from thesis to exit.
Sherpa OS is the operating system for M&A. Source targets, run diligence, manage the data room, execute integration, track value creation, compare ERP actuals and monitor every investment through exit.
One deal. One record. One operating system.
Built on the M&A integration playbooks the top advisory firms charge millions for.
The problem
The deal doesn't happen in one system. Sherpa does.
Today a deal lives in a data room, a dozen spreadsheets, a slide deck, a project tool, the ERP and a thousand emails. Every handoff loses something.
The lifecycle
Follow one deal from first thesis to exit.
Pick a stage to see what Sherpa does there.
Know what you're looking for.
Put the investment thesis in Sherpa instead of a slide. Every target, and later every deal, gets measured against it.
Henry keeps the thesis in mind on every target he looks at.
- Investment thesis
- Fit criteria
- Portfolio fit
- Fund and firm setup
Find the targets that fit.
Score targets against the thesis and the companies you already own. Research them, argue them and decide, in one place.
Henry works the pipeline with you and makes the case for and against.
- Target pipeline
- Thesis scoring
- Target research
- Go / no-go
Understand what you're buying.
Run the data room, the request list and the Q&A. Ask any question of the documents and get the answer with its source. What you find becomes risks with owners.
Dewey files every document. Adrian has read all of them.
- Virtual data room
- Requests
- Answers with sources
- Risks
- Evidence
- Industry specialist
Walk into Day 1 ready.
Plan Legal Day 1 and Operational Day 1 separately, sequence the work that has to land first, and see what's ready before close.
Clarence tracks the contracts. Oz the cutover. Emily the announcements.
- Legal Day 1
- Operational Day 1
- Critical path
- Contract novation
- Day 1 communications
- Stage gates
Keep every workstream moving.
Run seventeen workstreams from one plan, with owners, dependencies, milestones, risks and decisions. Status stays current because the work happens here.
Scout keeps the workstreams in step, with an agent on every workstream.
- Workstreams
- Tasks
- Dependencies
- Milestones
- RAID
- Decisions
Turn the thesis into results.
Break the investment case into initiatives with baselines, yearly targets, owners and costs. Prove what each one delivered with actuals.
Warren watches the initiatives against the model with your CFO.
- Initiatives
- Synergies
- Baselines
- Targets
- Owners
- Actuals
Keep watching after the deal team moves on.
Compare ERP actuals with the deal model, track R&W and earn-out deadlines, and report to the board from the same numbers.
Maxwell watches the R&W policy. Ernie the earn-outs. Henry the firm.
- ERP actuals
- R&W
- Earn-outs
- Portfolio monitoring
- Board reporting
Show what you built.
Give a buyer the whole story: every decision, initiative and result since you bought the company. An exit readiness score shows what a buyer will ask about before they ask.
Henry reads the whole investment, from thesis to today.
- Investment history
- Evidence
- Performance vs thesis
- Exit readiness
Capabilities
Start with the problem in front of you.
Each capability works on its own. Together they run the whole deal.
Scanned, access-controlled, watermarked and logged. Included in every subscription.
Explore Virtual Data RoomDiligenceUnderstand what's in them.Ask any question of the room and get the answer with its source.
Explore DiligenceProject ManagementRun the work.Tasks, owners, dependencies, critical path, risks and decisions.
Explore Project ManagementIntegrationBe ready on Day 1.Seventeen workstreams, Day 1 sequencing and stage gates.
Explore IntegrationValue CreationTurn the thesis into initiatives.Baselines, yearly targets, owners and cost to achieve.
Explore Value CreationERP ActualsMeasure what's happening.Actuals from the ERP next to the deal model.
Explore ERP ActualsR&W and Earn-OutsMonitor commitments after close.Survival periods, claims, earn-out periods and payment deadlines.
Explore R&W and Earn-OutsPortfolioSee every investment, from firm to initiative.By fund and across the firm, without a consolidation spreadsheet.
Explore PortfolioThe difference
The diligence becomes the plan.
In most deals, diligence ends in a memo and integration starts in a blank spreadsheet. In Sherpa, what you found in diligence is where everything after it starts, with the evidence still attached.
- DocumentIn the data room
- FindingCited to the page
- RiskWith an owner
- DecisionDated
- WorkstreamWork assigned
- InitiativeValue targeted
- ActualFrom the ERP
Sherpa agents
And every seat gets a partner.
Bankers leave at signing. Consultants leave at Day 100. Sherpa's agents stay for the life of the deal: seventeen workstream partners, a specialist for the target's industry, and Henry at the firm level. They do the legwork. Your people make the calls.
Keeps every workstream in step.
Has read every document in the room.
Reads the whole portfolio.
Your firm
See every deal the way your firm actually operates.
A deal happens at a portfolio company. Its synergies count toward a fund, and its risk sits with the firm. Sherpa knows where every company sits, so every number lands in the right place.
- FirmEvery fund, every deal
- FundReturns and exposure
- HoldCoOwnership and dates
- PortCoActuals from the ERP
- DealDiligence, Day 1, integration
- WorkTasks, risks, initiatives
Corporate acquirer? Same idea: parent, division, region, business unit.
Actuals
The deal thesis doesn't disappear at close.
Sherpa compares ERP actuals with the deal model and value creation plan. See what's ahead, what's behind, and where the thesis is moving off plan.
Warren watches the numbers with you and flags what needs attention.
| Initiative | Deal model | Actual | Variance | Status |
|---|---|---|---|---|
| Procurement consolidation | $2.4M | $2.6M | +$0.2M | Ahead |
| Facilities footprint | $1.2M | $1.2M | $0.0M | On plan |
| Pricing harmonization | $1.8M | $1.1M | −$0.7M | Behind |
| Cross-sell into installed base | $0.9M | $0.6M | −$0.3M | Watch |
Illustrative figures.
Security
Built to hold the most sensitive documents you have.
Deal documents, financials and employee data. Here's how we protect them.
See one deal run end to end.
Fifteen minutes, one live deal, from the first thesis to the board pack.
- Thesis
- Diligence
- Close
- Day 1
- Value creation
- Actuals
- Board
Get Started
Bring your next deal to Sherpa.
Sherpa is onboarding design partners now. Tell us where to reach you and we'll set up a conversation about your deal. We typically respond within one business day, and no login is required.
We'll be in touch directly. Prefer email? hello@evidentcorp.com
Design partners
Run your next deal with us.
Sherpa is working with a small group of design partners: PE firms, corporate development teams and operating partners with a live deal. Design partners get preferential pricing and a direct line into the product.
Ask about design partnership