Able was born out of a single conviction: giving teams a broader stake in the capital directly creates value for everyone. That only holds if running the transactions and managing a large shareholder base do not become barriers. We built a tool, Able, to make executing and tracking transactions safer and simpler, to make equity easier to access and to encourage management shareholding.
average holding period: an LBO cap table must be able to go through five years.
refer to mechanism complexity as the main barrier to incentive plans, ahead of cost.
additional financial performance per year for a management team that is engaged and aligned on capital.
The case is clear to all. Getting it right still isn't.
“An equity transaction involves a great number of parties. Able makes it manageable for the day-to-day of a company, its lawyers, its advisors, its financial investors and its shareholders, from first investment to exit.”
Sandrine Asseraf, Founder and CEO
Sandrine Asseraf founds Able in Paris after twenty years in private equity and M&A, having been on both sides of a deal.
The platform goes live with its first clients.
A manager who understands what they own behaves like a shareholder. Engaging the people who have invested is what makes a deal succeed.
CEO, PE-Backed Company