Know the risk before you sign the LOI.

BLACK surfaces valuation-critical risk in 72 hours. Zero access required. Mapped to ILPA, ISO 27001, and COSO.

Insured by Hiscox,
a Lloyd's of London insurer
Fixed protocol · Evidence-accountable

You already know the problem.

By the time your team gets into the data room, you've already committed — emotionally, financially, and to your IC — to a price based on a deck and a management meeting. BLACK moves the critical question upstream, where it creates pricing leverage instead of post-close liability.

The BLACK Protocol

72 hours. Four steps. Binary outcome.

A fixed protocol, not an open-ended engagement.

1

Structured Interview

10 sector-calibrated binary questions. Audio-recorded. 30 minutes.

2

Evidence Request

24-hour submission window. Timestamped artifacts or nothing.

3

Posture Analysis

Binary scoring against governance frameworks. No subjective judgment.

4

Decision Memo

Evidence-grade posture memo. The buyer decides what it means.

What changes for the buyer

Pricing leverage before exclusivity

Risk signals surface before the LOI, when they can still inform valuation and structure.

No exposure, no access

Zero system access. Zero infrastructure scanning. The target never knows the buyer is looking.

Defensible under audit

Every finding traces to a timestamped artifact. Aligned with ILPA, ISO 27001, and COSO frameworks.

72 hours, not 4-6 weeks

Fixed protocol. Fixed timeline. No scope creep, no open-ended consulting.

Win either way

The doubter on the deal team doesn't have to fight the room. Quietly authorize a 72-hour protocol — either you surface risk that saves the firm, or you get a clean evidence-backed green light that makes you look diligent. No career risk. No politics.

You already know how these ended

Theranos
Zero independent product validation.
Zero domain expertise on board.
Audited financials requested. Refused.
Frank
Core asset verification requested. Refused.
Operational metrics inconsistent with claimed scale.
Diligence window compressed by competitive bid.
WeWork
Self-dealing across four vectors.
Valuation methodology inconsistent with revenue model.
Path to profitability requested. Not produced.

Same protocol. Same binary questions. Each flagged in under 72 hours.

Evidence requests returned empty.
See the full timeline →

What it looks like on a deal your size

Modeled scenarios: $24M in valuation adjustments across $673M in deal value. Five sectors. Zero system access.

"Every sponsor has a deal they wish they'd walked from earlier. BLACK is built for that moment — the 72 hours before commitment when the math can still change."

Pressure-tested across 87 sponsor conversations. 5 sectors. Zero system access.

Built for mid-market PE

Firms pricing tech-enabled acquisitions where posture risk swings valuation or structure. The question isn't whether you can afford 72 hours. It's whether you can afford to find out in month three what you could've known before the LOI.

Operating Partners
Deal Teams
Investment Committees
Independent Sponsors

What deal are you working on right now?

Capacity is limited to 3-5 engagements per quarter. Fixed protocol. Outcome-linked participation.

30 minutes. We'll show you how BLACK maps to your current pipeline.

Schedule a Call