The primary goal of smac | partners is a return to their investors that outperforms the industry. This can only be achieved if our primary goal is in line with the goals of our portfolio companies - to achieve a maximum increase in corporate value.
The return is not the outcome of the exit process alone - it is the result of all stages of an investment process and starts with the deal flow which flows directly into the best deals.
It is important to review as many deals as possible. The best companies can be filtered out only after a thorough market overview. Given this first phase, smac | partners has a world class track record. In only a few years we have become the most active investor in our segment worldwide. We have investigated over 4,000 high tech telecoms and IT start-ups worldwide since 2001 with an insight into over 80% of all relevant VC-funded companies worldwide. After a radical due diligence process we invested in 40 start-ups.
Achieving world class returns to the investors continues with best in class deal terms. Again the worldwide experience of smac | partners represents a huge advantage to its investors and start-up companies. Knowing the best achievable deal terms worldwide, working together with the world's leading VCs, providing support for hundreds of sales contracts and being advised by the best law firms, all relevant preconditions are fulfilled for the achievement of the best results.
Management of the portfolio companies and setting up of industry leaders is the next and equally important phase.
smac | partners with its deep domain expertise, 100% focus on early-stage, 100% focus on ICT start-ups and impressive operational background including an exceptional global network have provided all the necessary skills to set up industry leaders. This skill set is proven by guiding seed companies to become industry leaders in all regions and different industry segments, e.g. SVOX (text to speech/Switzerland), Mobixell (mobile multimedia solutions/Israel), Motionbridge (mobile search/France), Rock Mobile (music-related service provider/China)
Finally, the exit process is a complex task of managing optimum timing, co-investors, international M&A advisors and potential buyers or stock exchange markets. Also smac | partners first fund with its vintage year 2001 is invested in seed and early stage ICT companies. smac | partners has already performed several exits with up to 7x multiple and distributed significant amounts to its investors.
International trade sales (USA, India, China, France, Germany, Sweden, UK, Israel) and IPO experience at AIM and the Tokyo Stock Exchange are the basis for the current fund success. Given the global exit market for nearly all ICT companies, this international exit experience will also be an excellent fundament for all exits and return expectations in the future.