Our in-depth financial model was used to negotiate term sheets with various top-tier financial institutions and led the Cloud Kitchens C-suite to secure a $150MM investment from Travis Kalanick’s 10100 fund. (TechCrunch, 2018)
CHALLENGECloud Kitchens, a Los Angeles-based startup, was seeking debt capital to build an integrated restaurant food preparation and delivery concept. They provide infrastructure and software that enables food operators to open delivery-only locations with minimal capital expenditure and time. Their strategy was to secure debt capital to opportunistically purchase distressed industrial real estate.
Financial Modeling & Valuation
Financial Planning & Analysis
APPROACHTrivium Advisory built a bottom-up, asset-based model with high flexibility on capital deployment ramps, entry and exit cap rates, and leverage assumptions. Moreover, Trivium delivered financial forecasts, valuations and returns analyses at the Opco, Propco, and Holdco levels.