Tangible Directs
Institutional advisory for private company transactions
Private company shares are still frequently traded through fragmented broker networks, bilateral conversations and layers of intermediation.
Tangible Directs brings the competitive discipline of institutional secondary markets to private company transactions.
How Tangible Directs works
A quoted price is not necessarily the market price.
Fixed quotes can embed intermediary fees, limited buyer coverage and little competitive tension.
Tangible takes a different approach: one mandate, one approved buyer universe and a structured process in which qualified investors compete for the opportunity.
The objective is not simply to find an investor. It is to establish the market-clearing price.
Curated. Institutional. Confidential. Competitive.
We do not receive a mandate and then start looking for capital.
Tangible’s institutional buyer base already participates in our processes and is accustomed to deploying into secondary opportunities.
The network spans dedicated secondary funds, institutional LPs, sovereign capital, family offices and wealth channels.
Already onboarded. Already active. Already accustomed to participating in Tangible processes.
We do not start looking for capital after receiving a mandate.
Tangible already works with the institutional buyers and lenders that participate in these markets.
Secondary sales, company tender offers and primary allocations.
Secondary Sales
Liquidity for existing shareholders
For founders, employees, funds, institutional shareholders and other existing investors seeking to monetize private company shares.
Tangible runs competitive auctions or controlled bilateral processes where appropriate and coordinates execution through transfer and closing.
Company Tender Offers
Company-sponsored liquidity at scale
Tangible works directly with companies to design liquidity events for employees and existing investors.
Tender offers can be run independently or alongside a primary financing round, with the company controlling eligibility, transaction size and participating investors.
Primary Allocations and Pre-IPO Access Programs for Wealth Managers
Capital for financing rounds
Tangible helps companies and managers distribute primary allocations across institutional investors, growth capital, family offices, qualified investors and wealth channels.
Confidentiality. Direct capital access. Competitive price discovery.
Controlled distribution. Transparent economics. End-to-end execution.
A confidential, curated process from mandate to closing.
Six stages, one controlled process.
You remain in control throughout. We manage everything around you.
Technology sits behind every Tangible transaction.
Technology does not replace the advisor. It allows the deal team to run broader, faster and more controlled processes.
Four capabilities
Underwriting & Pricing
Market data, comparable transactions and buyer intelligence.
Investor Management
Targeting, eligibility, engagement and confidentiality.
Auctions & Tenders
Structured bidding, allocations and competitive price discovery.
Execution
NDAs, data rooms, process documents, LOIs and transaction workflows.
Proprietary technology
High-touch advisory, powered by proprietary execution technology
Use platform screenshots where they prove the proposition: underwriting, Sell vs Hold, pricing, auctions, tender management, investor management and closing.
A price means very little if the transaction cannot close.
Private company supply may be subject to transfer restrictions, company approvals, ROFRs, SPV terms and other execution constraints.
Tangible works to establish an actionable transaction path before bringing an opportunity to market.
We assess
- Ownership and title
- Transferability
- Company and ROFR requirements
- Vehicle terms
- Buyer eligibility
- Economics
- Available diligence
- Expected closing process
Actionable supply. Qualified buyers. A clear path to closing.
Looking to buy? Give us the names.
Tangible Directs also works on behalf of investors looking to build positions in specific private companies.
Buyers provide their target list. Tangible sources across shareholders, funds, companies and selected market intermediaries, verifies the supply and brings back opportunities we believe are actionable.
Process
Less broker noise. More actionable supply.