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Exit Engineering Partner

Turn your hard work into premium U.S. liquidity.

You’ve built something extraordinary—now let’s make it liquid. 

We’ve been in your seat, built companies, and walked the IPO and M&A gauntlet ourselves. 

Let’s unlock real returns on your life’s work.

Team Track Record

Why We’re Different

Work with Partners, Not Juniors

Jonathan Kim

Growth executive with 25 years of scaling, structuring, and exiting high-growth AI and deep-tech businesses; P/L owner at Samsung, Sony Entertainment, Ericsson, Qualcomm, founding member at Beyond Limits; led US$350MM IPO, US$133MM Series C. At NED, Jonathan designs the Value Creation Path and growth sprints that underpin each exit mandate.

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Robert Blinn

Capital markets veteran with 20 years of experience crafting high-value financial narratives, timely due diligence processes, and investor-ready capital structures; US$300M telecom NASDAQ IPO, US$1.7B healthcare trade sale, US$4B of structured credit raised, grew hedge fund US$20MM→US$1B. At NED, Robert leads capital stack design, underwriter and buyer engagement, and dual-track deal execution.

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Steve Cho

C-suite leader and patent holder with a 25-year track record scaling startups to multibillion-dollar companies, driving growth and value creation across e-commerce, tech, CPG, and private equity (IAC, Yahoo!, Samsung, Coupang, iHerb); led US$1.3B revenue growth and US$85M Series C. At NED, Steve drives operational value creation—revenue, margin, and M&A roll-ups—that support higher exit multiples.

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Claus Nehmzow

M&A deal hunter and acquisition orchestrator with 30 years at the intersection of technology and business; former partner at top-tier management consulting firms, led AI and green energy initiatives across oil & gas and maritime with BP and Eastern Pacific Shipping; built end-to-end biofuel value chains and scaled deep-tech ventures, specializing in structuring exits and strategic acquisitions for complex, high-impact businesses. At NED, Claus leads buy-side and sell-side strategy and strategic acquirer engagement.

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Capital Market Advisors

David Waldman

Investor relations executive with 25 years of experience that has resulted in over a billion dollars in capital raised across thousands of investor roadshows, supporting hundreds of companies in going public through IPOs, direct listings, reverse mergers, and SPACs. At NED, David shapes the public-company story, analyst education, and post-listing IR.

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Brice Penaud

Expert in Special Purpose Vehicles (SPVs) for targeted investments, creating strategic pathways for immediate funding, and helping navigate the complexities of the investment and regulatory landscape. At NED, Brice structures founder, investor, and continuation SPVs that create clean capital entry and secondary liquidity without double fees.

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How We Create Liquidity

Layer

What we engineer

Results

Value Creation

Revenue & EBITDA lift, bolt-on M&A

Exit-ready metrics

Capital Stack

U.S. SPVs, founder cash-outs

Clean vehicle

Ownership & Governance

Cap-table sweep, U.S. board

De-risked control

Narrative

“Strategic resilience” story

Higher comps

Exit Optionality

Dual-track IPO / M&A / secondary

Faster liquidity

For Investors

We partner with select funds and secondaries groups to create liquidity solutions that de-risk their portfolios. Our engineered exits provide:

Faster DPI

Through secondary liquidity and clean cap-table vehicles—single-asset and series SPVs built to avoid double fees, match fund life, and deliver 18–36 month exit visibility.

Premium U.S. comps

By re-architecting governance, story, and capital structures, we underwrite at exit-backed valuations (e.g., forward EBITDA, ARR multiples) rather than “hope and hype,” and pre-align underwriters and strategic buyers.

Optionality

Via dual-track IPO and M&A strategies, continuation vehicles, and structured founder/LP liquidity that keep existing funds whole while inviting in new capital.

 

Our SPVs and advisory model are designed for:

  • Secondary funds seeking short-duration, de-risked entry into late-stage tech

  • LPs seeking top-quartile returns and early liquidity optionality

  • VCs looking to accelerate exit or recapitalize top portfolio companies

Let’s discuss how we can work together.

Stay Connected

Share a bit about your company or fund, your current constraints, and your ideal exit timing. We’ll respond with a preliminary view on how an engineered path to liquidity could look for you.
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