Deal typeCapital Markets & Private Equity
IndustryFinancial Services
Client nameNewtree Impact
BDO Deal & Valuation Advisory built an investment valuation tool and drafted a valuation policy upon request of the Management of Newtree Impact, a Belgian Venture Capital (VC) investment firm targeting impactful start-ups/growth companies within the Agri-Food industry.
Founded in 2021, Newtree Impact is a listed (Euronext) company, investing in disruptive Tech companies reshaping the future of our Food systems, namely in Food-Tech, Agri-Tech and Food-Loss businesses aiming to solve current and future problems of production, utilisation and consumption of food resources. At the time of our assignment, the firm had more than 10 million euros of assets under management across 14 investments. It also had successfully raised 12 million euros since its inception.
The investment valuation tool and the valuation policy were specifically prepared for Newtree Impact, taking into consideration management needs, characteristics of portfolio companies (start-up/growth stage), as well as International Private Equity (IPEV) valuation guidelines. Given the early-stage nature of invested businesses, empirical (qualitative models, next funding round…), historical (invested capital, historical costs…) as well as prospective (DCFE, Venture Capital Method…) start-up valuation models were added next to common valuation approaches.
Testimonial of Benoît de Bruyn, Founder, Board Member & Managing Director of Newtree Impact: “Utilising precise, diversified and meticulously structured methodologies, BDO facilitated the seamless execution of this intricate valuation process, ensuring utmost precision. This enabled Newtree Impact's analysts to infuse a high degree of financial discipline into the assessment of both prospective opportunities and existing investments.”
Founded in 2021, Newtree Impact is a listed (Euronext) company, investing in disruptive Tech companies reshaping the future of our Food systems, namely in Food-Tech, Agri-Tech and Food-Loss businesses aiming to solve current and future problems of production, utilisation and consumption of food resources. At the time of our assignment, the firm had more than 10 million euros of assets under management across 14 investments. It also had successfully raised 12 million euros since its inception.
The investment valuation tool and the valuation policy were specifically prepared for Newtree Impact, taking into consideration management needs, characteristics of portfolio companies (start-up/growth stage), as well as International Private Equity (IPEV) valuation guidelines. Given the early-stage nature of invested businesses, empirical (qualitative models, next funding round…), historical (invested capital, historical costs…) as well as prospective (DCFE, Venture Capital Method…) start-up valuation models were added next to common valuation approaches.
Testimonial of Benoît de Bruyn, Founder, Board Member & Managing Director of Newtree Impact: “Utilising precise, diversified and meticulously structured methodologies, BDO facilitated the seamless execution of this intricate valuation process, ensuring utmost precision. This enabled Newtree Impact's analysts to infuse a high degree of financial discipline into the assessment of both prospective opportunities and existing investments.”