Recurring Revenue Platform | Revenue-Based Payment Model | EV $78MM
Industry: Software & SaaS
Enterprise Value: $78MM
Approach: Revenue-Based Payment Model with Performance Contingency
Description: Acquisition payments were pegged to MRR (monthly recurring revenue) thresholds, with performance bonuses replacing fixed earn-outs.
Uniqueness: NDFC replaced rigidity with alignment, buyers only paid more when the platform delivered more.