Every figure in these profiles traces to a public filing, a court record, a company statement, or an on-record interview, and each page cites its sources. The profiles are maintained by the Windsor Drake research desk.

The Proprietary Discount

The Proprietary Discount is the gap between what a serial acquirer pays in an unbanked bilateral negotiation and what the same business clears in a competitive process. Windsor Drake publishes the measurement as The Windsor Drake Proprietary Discount Index.

Holding an Offer?

Independent sell-side M&A advisory for fintech founders. The firm represents founder-led companies in sell-side M&A from its Toronto headquarters.

Approach Response ›

Considering a sale?

Windsor Drake represents founders on the sell side only. Every inquiry is read and answered personally, usually within one business day, and every conversation is confidential and without obligation.

Discuss a potential sale

Windsor Drake is not a registered broker-dealer and does not offer, sell or place securities.