Prekindle
Strategic Financial Restructuring and Exit Preparation
Key Engagement Metrics
Transaction Result
$10M Strategic Exit
Revenue Scale
$2M ARR / High volume
Historical Audit Scope
4 Years Reconciled
Shareholder Strategy
Navigated Partner Buyout
Diligence Outcome
Zero Post-Audit Adjustments
The Challenge
Prekindle, an event ticketing platform processing millions in transaction volumes annually ($2M ARR), wanted to prepare for a strategic sale. However, their accounting records and transaction tracking systems were unstructured, causing potential acquirers to walk away during preliminary discussions due to perceived financial reporting risks.
- Complex Money Movement: Separating platform fee revenue from ticketing float and split promoter payouts.
- Unreliable Reporting: Financial statements acted as a deal liability rather than an asset.
- Shareholder Disagreement: Need to execute a structured partner buyout to clean the cap table before sale.
The Solution
Quantum Financial Consultants led a multi-phase financial clean-up. We reconciled 48 months of transaction records, established scalable internal controls, and managed the Cap Table restructuring via partner buyout negotiations.
Key Interventions Executed:
- Reconstructed and separated corporate cash from event ticket float.
- Established repeatable monthly closing routines and automated transaction logging.
- Advised and structured Cap Table buyout for a major partner, removing transaction friction.
- Created investor-ready presentation decks and led seller-side financial narrative support.
The Results
Our financial engineering transformed Prekindle's books into a robust asset. We successfully unlocked a **$10M exit** with zero adjustments requested during buyer due diligence, protecting founder interests and securing favorable transaction terms.
$10M
Exit Realized
0
Diligence Adjustments
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