Exit Readiness Index
🛡️ Public data only — no PHI permitted on this instance.
About this page
Multi-dimensional exit-readiness scoring across financial, operational, commercial, legal, and management dimensions, with a radar chart, a gap inventory (cost + days to close), and pathway scenarios for strategic sale, secondary buyout, and IPO.
Source: data_public/exit_readiness.py (multi-dimensional readiness model).
Exit Readiness Index
Multi-dimensional IPO / sale readiness scoring — 32 criteria across 5 dimensions — 1,075 corpus deals
Overall Score
72.5
/100
Tier
Near-Ready
Financial
68
Operational
80
Commercial
67
Legal
78
Management
75
Critical Gaps
7
Composite Readiness
Dimension Radar
Dimension Breakdown
| Dimension | Weight | Score | Contribution | Ready | Gap |
|---|---|---|---|---|---|
| Financial | 28% | 67.5 | 18.9 | 4 | 1 |
| Operational | 18% | 80.0 | 14.4 | 4 | 0 |
| Commercial | 22% | 66.7 | 14.7 | 3 | 1 |
| Legal/Compliance | 16% | 78.3 | 12.5 | 4 | 0 |
| Management | 16% | 75.0 | 12.0 | 4 | 0 |
Exit Pathway Scenarios
| Exit Pathway | Readiness Bar | Current vs Bar | Months to Ready | Likely Multiple | Status |
|---|---|---|---|---|---|
| Strategic Sale | 68 | 100.0% | 0 | 12.50x | Meets Strategic Sale readiness bar |
| Sponsor-to-Sponsor | 75 | 96.7% | 4 | 11.00x | Close to readiness (~5 pts gap) |
| IPO / SPAC | 88 | 82.4% | 4 | 14.00x | Significant gap; 4-mo build required |
Outstanding Gap Inventory (13 items)
| Dimension | Gap | Severity | Days | Cost ($M) |
|---|---|---|---|---|
| Financial | 12-month rolling forecast reliability >90% | critical | 60 | $0.17 |
| Financial | Debt carveout schedules prepared | high | 45 | $0.07 |
| Financial | QoE (Quality of Earnings) report ≤ 6 mo old | critical | 90 | $0.35 |
| Financial | Non-GAAP metrics reconciled & documented | high | 30 | $0.07 |
| Operational | Post-acquisition IT integration complete | critical | 90 | $0.17 |
| Operational | Org design rationalized (no duplicate roles) | high | 60 | $0.07 |
| Commercial | Net revenue retention >110% | high | 90 | $0.07 |
| Commercial | Customer contract CICs scrubbed | critical | 120 | $0.35 |
| Commercial | ROI case studies (≥5 anchor references) | high | 60 | $0.07 |
| Legal/Compliance | All regulatory findings remediated | critical | 90 | $0.17 |
| Legal/Compliance | HIPAA breach log clean (last 24 mo) | critical | 30 | $0.17 |
| Management | Succession plan for C-suite | critical | 60 | $0.17 |
| Management | Independent board member(s) seated | high | 45 | $0.07 |
Full Criteria Checklist (32 items)
| Dim | Criterion | Status | Importance | Pts | Days to Close | Owner |
|---|---|---|---|---|---|---|
| Fina | 3-year audited financials (Big 4 / top 10) | ready | critical | 10.0 | 0 | CFO |
| Fina | Monthly close in 10 business days | ready | critical | 9.0 | 0 | Controller |
| Fina | 12-month rolling forecast reliability >90% | in-progress | critical | 6.0 | 60 | FP&A |
| Fina | Working capital normalized per GAAP | ready | standard | 9.0 | 0 | CFO |
| Fina | Debt carveout schedules prepared | in-progress | standard | 5.0 | 45 | Treasury |
| Fina | QoE (Quality of Earnings) report ≤ 6 mo old | gap | critical | 0.0 | 90 | CFO / External |
| Fina | Non-GAAP metrics reconciled & documented | in-progress | standard | 7.0 | 30 | FP&A |
| Fina | Board-approved budget vs. actual variance <5% | ready | standard | 8.0 | 0 | CFO |
| Oper | Post-acquisition IT integration complete | in-progress | critical | 6.0 | 90 | CIO |
| Oper | ERP on single instance (not siloed) | ready | standard | 9.0 | 0 | CIO |
| Oper | Cybersecurity: SOC 2 Type II current | ready | critical | 10.0 | 0 | CIO / CISO |
| Oper | Cyber insurance $25M+ with stable premium | ready | standard | 8.0 | 0 | Risk |
| Oper | Org design rationalized (no duplicate roles) | in-progress | standard | 6.0 | 60 | CHRO |
| Oper | Standardized KPI dashboard (Tableau/Looker) | ready | nice-to-have | 9.0 | 0 | Analytics |
| Comm | Top 10 customer concentration <35% | ready | critical | 10.0 | 0 | CRO |
| Comm | Net revenue retention >110% | in-progress | standard | 7.0 | 90 | CRO |
| Comm | Sales cycle metrics documented | ready | standard | 8.0 | 0 | Revenue Ops |
| Comm | Customer contract CICs scrubbed | gap | critical | 0.0 | 120 | Legal |
| Comm | ROI case studies (≥5 anchor references) | in-progress | standard | 6.0 | 60 | Marketing |
| Comm | Recurring revenue mix >60% | ready | nice-to-have | 9.0 | 0 | CFO |
| Lega | Open litigation materiality <1% EV | ready | critical | 10.0 | 0 | GC |
| Lega | All regulatory findings remediated | in-progress | critical | 6.0 | 90 | Compliance |
| Lega | IP registration & ownership clean | ready | standard | 9.0 | 0 | IP Counsel |
| Lega | Employment agreements current | ready | standard | 8.0 | 0 | HR / Legal |
| Lega | HIPAA breach log clean (last 24 mo) | in-progress | critical | 6.0 | 30 | Privacy |
| Lega | Anti-corruption / FCPA program in place | ready | nice-to-have | 8.0 | 0 | Compliance |
| Mana | CEO 3+ year track record post-sponsorship | ready | critical | 10.0 | 0 | Sponsor |
| Mana | Succession plan for C-suite | in-progress | critical | 6.0 | 60 | CHRO |
| Mana | CFO / VP Finance search grade | ready | standard | 9.0 | 0 | CHRO |
| Mana | Independent board member(s) seated | in-progress | standard | 5.0 | 45 | Sponsor |
| Mana | Management incentive plan vested (>50%) | ready | standard | 8.0 | 0 | CHRO |
| Mana | Key-person insurance in place | ready | nice-to-have | 7.0 | 0 | Risk |
Exit Readiness Thesis:
Overall 72.5/100 — Near-Ready.
7 critical gap(s), ~$1.97M of gap-closure spend needed,
120 days to fully exit-ready. Strategic Sale pathway most achievable path today.