Despite the advances in today’s technology-driven world, attempting to successfully close a capital transaction (a business loan, private equity investment, or sale) still remains frustratingly inefficient, inordinately time-consuming, and too often results in failure. While companies express frustration about their difficulties accessing capital, capital providers sit on a massive untapped supply of trillions of dollars due to their challenges in sourcing and vetting qualified lending, investment, and acquisition prospects. Capital Works’ new capital transaction management (CTM) platform bridges that gap by empowering business owners, their advisors, and capital providers to efficiently and successfully close transactions.

Like many startups, Capital Works arose from an entrepreneur’s acute awareness of market inefficiency coupled with a clear vision of the solution. Capital Works co-founder and CEO, Wade Myers, a former Army Ranger and Harvard MBA, is a serial tech entrepreneur who has successfully completed scores of strategic acquisitions as part of the business-building strategies for his various startups. Myers has extensive deal experience from his stints in corporate M&A, investment banking, angel investing, and as a partner in a private equity fund. Co-founder Gene Blanton, a Marine Corps veteran and Capital Works’ Chief Relationship Officer, is also a serial entrepreneur with deep transaction experience in his own right, having led a company that packaged and funded over 4,000 business loans. The pair developed and launched Capital Works to completely overhaul the capital transaction process, dramatically reducing the time and expense required to source, diligence, close, and monitor transactions.

“The current capital transaction process involves lots of manual tasks and several point solutions with only four or five search criteria, akin to the old 25-word ads for “men seeking women”. When a deal is underway, diligence consists of data rooms with file folders crammed with static, non-structured, non-searchable PDFs that blunt any attempt at analysis,” explains Myers. The result is a painful needle-in-a-haystack sourcing and diligence process that stretches to several months and often leads to deal fatigue and a failure to close.