Capitaliz, a Sydney, Australia-based digital platform for exit planners to deliver scalable business valuation, succession, and exit planning outcomes, raised an undisclosed round of funding.
Madison Marcus, a top law firm in Australia, led the round. Eric Boone, lead partner of the Banking & Finance division and the ESG & Sustainability division for Madison Marcus, will join Capitaliz’s board. Madison Marcus has also licensed its ESG data to Capitaliz, allowing the company to repurpose Madison Marcus’ corporate ESG frameworks into its existing valuation framework for mid-market businesses.
The funding round will support product enhancement and further expansion into Europe and the Americas.
Led by Craig West, Founder and Chairman, Capitaliz provides insights and valuation tools that allow business owners to identify current business valuation and key actions to accelerate business value. Its proprietary business insights calculations already reflect a comprehensive overview of business value in six specific areas, which facilitate accurate comparisons across industries and highlight areas in need of further development or improvement.
The platform, which leverages a 21-step process which has been used for more than a decade with owners to identify, protect, accelerate, unlock, and manage value in privately owned businesses, enables advisors to work collaboratively with clients and multiple stakeholders such as accountants, wealth managers, attorneys and assign tasks internally and externally including client communication hub to ask questions and gather documentation.
Capitaliz is already used by dozens of advisors in North America and endorsed by several exit planning organizations including Legacy Advisors Network (LAN), a professional community of advisors dedicated to guiding owners of private and family businesses through succession and transition.
FinSMEs
03/08/2023