Growth companies expend much effort attracting venture capital. However, a VC firm enters a relationship with a company expecting a significant ROI upon exit. The key to profitable VC/PE deals is "beginning with the end" - from the very beginning, you have to think exit throughout the whole process.

DABF and British Chamber of Commerce would like to thank everyone involved in this event - hosts, speakers and participants alike - for a great day. 

Check out the seminar presentations:

Optimizing Portfolio Companies for Exit - a VC/PE Lifecycle Viewpoint  
Emotron Exit Process Success Factors
Cross-border M&A: Strategy, tips and country comparisons
Top 10 Mistakes in Cross-border M&A.

VIDEO: Jan Johan Kühl
VIDEO: Albert Sokol

Optimizing VC/PE Portfolio Companies for Exit

                                   September 29, 2011, 8:30 am – 12:30 pm
 Host: Bech-Bruun, Langelinie Allé 35, Copenhagen 

     If you are a VC/PE investor or a company who receives funding, you
             won’t want to miss this seminar. We’ll compare the four stages of exit
planning from a US, UK and Danish perspective:

Seminar Agenda:

08:30 - 09:00     Registration

09:00 - 09:15      Welcome 
                            Einar Dyrhauge, Executive Director, DABF
                            Niels Kornerup, Partner, Bech Bruun

09:15 - 10:45        Investing, carrying and managing a portfolio
                            - Equity documents
                            - HR issues
                            - IP and inbound licenses
                            - Investor group issues 
                            - Protecting your Fund
                            - IP strategy, business strategy, licensing

10:45 - 11:00      Networking Break

11:00 - 11:30      Preparing for and doing the exit
                            - Basic M&A value-propositions and drivers 
                            - Valuation/price 
                            - Pre-merger planning for post-merger integration
                            - Basic deal structures, process and protection

11:30 - 12:00        After the exit
                              - Earn outs
                              - Need access to info to verify calculations 
                              - Ability to challenge accounting treatment
                              - Creditworthiness of purchaser
                              - CVR? 
                              - Managing/minimizing claims, indemnifications and risks 

12:00                      Refreshments and networking

These issues will be discussed by a cross border panel consisting of experienced VC and PE legal and accounting advisers from the US, UK and Denmark:

Albert Sokol, (USA), Edwards Wildman Palmer (Panel chairman)
Jens Christian Rasmussen (DK), Bech-Bruun
Jacob Holm (DK), Transaction Services, Deloitte
Niall McAlister (UK), Edwards Angell Palmer & Dodge
Shawn Atkinson (UK), Edwards Angell Palmer & Dodge 
Jan Johan Kühl (DK), Polaris Private Equity
                                         

This seminar is presented in collaboration with: 
       

Danish-American Business Forum
Network for success in the US
www.dabf.dk