An Integrated Approach for Capital Decisions
Capital Mandates
Trishula Capital works on a mandate basis, providing focused advice around important capital decisions. We work closely with business owners and leadership teams to understand the decision at hand, bring clarity to the available options, and help them move forward with confidence. Each mandate is tailored to the circumstances of the business and the decision that needs to be made.
Our mandates are undertaken on a fixed-fee basis, keeping our advice independent of the transaction.
Second Opinion Mandate
When you want an independent view of the entire capital decision — not just one part of it.
A capital decision has to be considered in its entirety. Where the capital comes from and what the business does with it are one decision, not two separate questions. Trishula steps back from any single part of the transaction and looks at the complete capital decision as it sits within the business.
The purpose is to test the decision as a whole — whether the capital, its terms, its intended use and the business’s broader objectives all make sense together — before the business commits to the path ahead.
Growth Capital Mandate
When the business is ready for its next phase of growth, but the capital needed to get there needs to be thought through carefully.
Growth can create a capital decision that is bigger than simply finding money to fund expansion. The amount of capital, where it comes from, the terms attached to it and how it will be used all shape what that growth means for the business.
Trishula looks at the growth opportunity and the capital decision together, helping business owners determine the capital required to support the next phase of the business and the approach that makes sense for the business as it grows.
R&D Capital Mandate
When the business is investing in something that could shape its future, but the path from today’s investment to tomorrow’s return is still uncertain.
R&D can require significant capital long before it produces a commercial result. That makes the capital decision different from funding an established part of the business. The way the investment is funded, the amount committed and what the business is building toward all need to work together.
Trishula looks at the R&D investment and the capital decision as one — helping business owners determine an approach that supports the work without losing sight of the business, its resources and what the investment is ultimately meant to achieve.
Capital Structure Mandate
When the business has capital in place, but the way that capital is structured no longer feels right for where the business is going.
As a business changes, the balance between different sources of capital can become a constraint rather than a support. What worked at one stage may no longer fit the business’s growth, cash flows, ownership objectives or future plans.
Trishula looks at the capital structure as a whole — how the business is funded, the obligations that come with that funding, and what the structure means for the business going forward — to help business owners make a capital decision that fits the business they are building.
Strategic Acquisition Mandate
When an acquisition could change the business, but the capital decision needs to make sense alongside the opportunity itself.
An acquisition is not simply a question of whether the target is attractive. The capital required, the way the acquisition is funded, the terms of that capital and what the combined business looks like afterwards are all part of the same decision.
Trishula looks at the acquisition and the capital decision together, helping business owners assess whether the opportunity and the capital required to pursue it make sense for the business as a whole.