簡介
XpertFinancial’s™goalistorevolutionizethefinancialmarketsforprivatecompanies.Throughourregisteredbroker-dealersubsidiary,XpertSecurities™,weprovideafully-electroniconlinetradingplatform,calledXpertATS,thatenablesprivatecompaniestoraisecapital,investorstoaccessqualityprivatecompanyinvestments,andshareholderstotradeprivatecompanysecurities,allinahighly-efficient,transparentandcontrolledmanner.
Later-stageprivatecompaniestodayarefacingacapitalraisingandliquiditycrisisasbothmarketandregulatoryrequirementshavelimitedacompany’saccesstonewcapitalandinhibiteditsabilitytotransferexistingownership.Traditionalsourcesofcapital,suchasventurecapital,privateequity,andprivateplacements,canprovidesignificantvaluetoacompanyinneedofgrowthcapital,butwebelievecanbeinefficientwhencomparedwithafully-electronicsolutionsuchasXpertATS.Inaddition,thesetraditionalcapitalsourcestendtoaddressonlyasmallfractionoftheroughly193,000privatecompaniesbetween$10millionand$500millioninrevenueintheU.S.1
Liquidityoptionsarealsolimited.Overthepastfiveyears,therehasbeenanaverageofonly47venture-backediposand360M&AtransactionsperyearintheU.S.2Secondaryfundsprovideanalternativesourceofliquidity,butpotentiallyatasignificantdiscountinvaluation.Recently,bulletinboardsandphone-basedbrokerageshaveemergedaspotentialsecondaryliquiditysolutions,butthey,too,donotutilizeafully-electronictradingplatformandtendtoaddressonlyasmallhandfulofrelativelyhigh-profilecompanies.
XpertFinancialrealizedearlyonthatawholenewapproachwasrequiredtoaddressthecapitalformationandliquidityneedsofprivatecompaniestoday.Asaresult,wecreatedXpertATS™,afully-electronicalternativetradingsystem(or“ATS”)builtspecificallyforprivatecompanysecurities.
WithXpertATS,ourgoalistoenableprivatecompaniestoraisecapitalfasterandmorecost-effectively,ontheirterms,andatahighervaluation.Gainingaccesstogrowthcapitalinthiswaycanpotentiallyhaveadramaticimpactonoverallcompanyperformance,includingfastertime-to-market,morecustomers,andincreasedrevenueandprofits,nottomentionlessequitydilutionandgreatermanagementcontrol.
Meanwhile,forinvestorsandshareholders,ourgoalistoprovideaccesstothequalityinvestmentopportunitiesandliquiditytheyseek,inamuchmoreefficientandcontrolledmanner,andwithamarket-basedvaluationforshareseitherpurchasedorsold.
XpertFinancialisaprivately-heldcompanybasedinSiliconValley.Contactustolearnmoreaboutourgoaltochangethewayprivatemarketsoperate.
1.Source:U.S.CensusBureau
2.Source:ThomsonReuters&NVCA,January2011
