For companies
Liquidity on your terms, not the IPO window’s
Your best people shouldn’t have to choose between staying and selling. Run tender offers and recurring windows that reward employees, keep the cap table clean, and leave the exit timeline where it belongs — with you.
How a program runs
- Set the parameters. Eligibility, price band, caps, window dates, approved buyers — your rules, enforced per record.
- Fund into escrow. Buyer-side funds land in a segregated account at a qualified trust or bank agent before elections are accepted.
- Employees elect. A clear window with plain-language disclosures; oversubscription pro-rates by a rule published up front.
- Atomic close. Shares and cash settle together — delivery-versus-payment — with withholding handled and proceeds paid, including into retirement accounts.
- Everything on the record. A tamper-evident audit trail for the company; each participant sees their own record.
Why companies choose this model
Retention that costs less than attrition. A partial-liquidity program is cheaper than replacing the senior people who leave to get liquid.
Cap-table hygiene. Approved-buyer pools and transfer rules enforced at the record level — no surprise shareholders.
Control of the exit. Recurring windows relieve pressure without forcing an IPO or a sale on someone else’s schedule.
Operational relief. Settlement, documents, withholding, and reporting run on the stack — your finance team stops running a stock exchange out of a spreadsheet.