The mandate
An independent middle-market investment bank running concurrent sell-side M&A processes for founder- and sponsor-owned businesses, where the managing directors’ relationships with sponsors and strategics are the franchise.
The operating constraint
Winning and executing a mandate depends on knowing which strategics have an adjacent reason to buy, which sponsors have a platform and remaining capacity, and which of the bank’s MDs knows each decision-maker. That knowledge is rebuilt by analysts for every pitch from a data terminal and a recycled buyer list. During the process, the same KPIs are restated across a dozen documents, Q&A logs diverge from the CIM, and senior bankers need a current, defensible view before every buyer call, all while MNPI must stay behind strict information barriers between mandates.
The multi-agent architecture
A market-intelligence agent maps the sector from licensed transaction data and research. A buyer-fit analyst records the strategic rationale, comparable acquisitions, and evidence for every candidate; a capacity researcher gathers fund vintage, remaining investment period, and recent deployment, marking documented versus assumed capacity. A coverage coordinator links each buyer to the banker who knows them and drafts a tiered outreach sequence. Once the process is live, a financial verifier resolves every figure to a single knowledge graph of company facts and flags inconsistencies across the teaser, CIM, model, and Q&A log, and a process coordinator tracks IOI/LOI milestones. Attribute-based access control scopes every retrieval to the mandate.
The work product
- A tiered, citation-backed buyer universe with fit rationale, capacity evidence, and relationship owners for each mandate
- Sponsor coverage maps showing platforms, fund age, and the bank’s relationship history
- A single governed fact base powering the teaser, CIM, and management presentation, with a cross-document inconsistency register
- A mandate dashboard covering outreach status, IOI/LOI progress, open diligence requests, owners, and next actions
The operating shift
The intended result is a managing director who walks into every pitch and every buyer call with the evidence behind each name, and a deal team operating from one current, provenance-linked record. Materials are generated from that record rather than assembled by hand.
Human-in-the-loop governance
Bankers approve buyer lists, valuation outputs, and all client materials. Confidential information and MNPI remain restricted by mandate, and every outreach requires explicit human approval.