Flexible Terms Available: Incl. 100% contingent fees on deals*
M&A

M&A Waterfall Financial Model & Management Incentive Plan for a c.£15M Lottery Operator

M&A

M&A Waterfall Financial Model & Management Incentive Plan for a c.£15M Lottery Operator

November 6, 2026

Partnering with legal counsel for a c.£15M lottery company to build a bespoke financial model detailing exit waterfall distributions across multiple transaction scenarios and management share incentive plans.

Working directly alongside legal counsel for a c.£15M lottery operator to design and construct a bespoke transaction waterfall financial model.

The engagement focused on modeling complex share option incentives for senior management, providing full clarity on net proceeds and payout mechanics across diverse exit valuations and equity structures.

Key Execution Highlights:

• Engineered a dynamic transaction waterfall model mapping payouts across multiple liquidity scenarios and valuation tiers.
• Structured management share option incentive mechanics into the financial framework to ensure alignment ahead of sale.
• Provided clear financial tools for legal teams and shareholders to utilize during active exit negotiations and transaction execution.

‍

×
Signup for newsletter on Financial Service articles
Never miss an insight. We'll email you when new articles are published on this topic.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.