Target
A scored target, pre- or post-close
Full RII instrument on the portco or acquisition target — score, six domains, TVG, and reversibility, dated to the engagement.
Private equity playbook
Score the portco
before the covenant call.
For deal teams and operating partners — an Internal Index on the named target or portco, plus desk-licensed watchlist scoring on the sectors and geos around it.
PE diligence reads the balance sheet.
Regime stress prices in first.
What it means for you
You leave with a scored target and a sequenced plan — plus a watchlist that flags the next one before it's a fire drill.
The payoff
What you leave with.
Sequence
A 90-day value-creation sequence
Priorities and a risk register authored against the readout — not a generic 100-day template.
Desk
A watchlist on the sector around it
Desk-licensed scoring on peer sets, geographies, and counterparties — distress windows and add-on timing on the same instrument.
See it on a system that matters to private equity— then Get started.
The gap
Your diligence sees financials, not regime stress
LBO models, management meetings, and sector reports excel at company fundamentals. They underweight stress building in the target and its operating environment — until spreads, defaults, or forced sellers confirm it.
Sector research
Backward-looking market sizing and comps — no phase classification on the sector itself.
Credit and legal diligence
Contract and balance-sheet focused — cascade risk across domains arrives as surprise.
Macro overlay decks
Optional slide in the IC memo — not integrated into watchlist monitoring or alerts.
What the Index reads
The lenses that matter on your desk.
Same six-domain instrument. For private equity, these are the reads that change the decision.
Adaptation
Absorptive capacity for the operating plan — thesis-breaking when depleted under a value-creation timeline.
Courage
Management willingness to cut, reset, or hold sequence during the hold period.
Perceived
Narrative vs. structure — where multiple compression begins before financials confirm it.
Identity
Post-close integration risk — culture and trust fractures diligence spreadsheets miss.
In practice
Where it lands in your work.
01
Pre-LOI target screening
Score targets before deep diligence spend — Identity, Adaptation, and Courage often flag integration risk that comps miss.
02
Portfolio company Internal Index
Full engagement on a named portco under stress or ahead of a value-creation plan — score, plan, and deployment support scoped together.
03
Competitor distress windows
Desk watchlist on peer sets and sub-sectors for phase deterioration — windows where forced asset sales may create entry.
04
LP and co-invest narrative
Evidence-tiered sector briefings for LP updates — defensible framework, not partner intuition alone.
How you run it
Deal team workflow
01
Scope the target or portco
Named acquisition target or portfolio company — same six-domain instrument as nations and markets.
02
Run the instrument, deliver the Index
Score, regime, six domains, TVG, and reversibility — then the ten-section Internal Index with 90-day plan and risk register.
03
License the desk for the watchlist
Sector, geo, and counterparty scoring around the target — alerts on phase boundaries relevant to the hold.
04
Act on structural lead time
Bid, sequence, or accelerate exits with documented evidence — not after the distressed process is public.
Why trust it
Lead time on valuation compression
Portfolio compression replays show Perceived Insecurity elevated while Adaptation and Courage sit depleted — the regime arc that precedes multiple compression by six to eighteen months, while quarterly financials are still reporting through.
Internal Index on the named target; desk license for the sector and geo watchlist around it.
6–18
Months typical lead time
84
Perceived (compression) /100
26
Adaptation (depleted) /100
22
Courage (depleted) /100
Try it
See the format — then score a named portco or watchlist the sector around it.
Pick a system you already watch. Get a structured brief — score, domains, phase, evidence — not a chat essay.
01
North American industrial sector
near horizon
02
Portfolio company geo overlay
medium horizon
03
Competitor distress watchlist
near horizon
What ships
What the engagement ships.
Internal Index first. Live desk cycle when you license the instrument.
Engagement
Internal Index
Ten-section RII organizational Index: score, regime, six domains, TVG, thermodynamic reversibility, then horizon strategy, 90-day plan, risk register, and source-traced evidence — delivered as digital twin plus Board Edition and Exec Folios. Instrument fields are engine-backed; strategy layers are authored against that readout.
Live readout
NII readings, six-domain breakdown, phase classification, and momentum — updated on calculation date.
Weekly signal reports
Regime classification, domain deterioration, and cross-entity stress — investment committee scannable.
Alert bulletins
Notifications when NII crosses phase boundaries or domain stress accelerates on watchlist entities.
Monthly flagship report
Full thermodynamic profile, narrative analysis, and evidence trace — board-ready PDF on calculation date.
Ask
Ask the Index on your book — grounded on live readings, this week's brief, and your desk note.
At Analyst+
Custom watchlist
Nation-states, sectors, or counterparties scoped to your mandate — scored on the same framework.
Quarterly Travis briefing
Direct framework walkthrough with Dr. Hanes — anchor briefings for investment committee prep.
Straight answers
Before you request pricing.
Is this company-level or macro?
Both, scoped separately. The Internal Index scores a named portco or target end to end. The desk license watchlists sectors, geographies, and counterparties around it — company financials stay in your models.
Can we score acquisition targets pre-LOI?
Yes. A scoped Internal Index engagement or a fast desk watchlist add — either gives a structural profile before deep diligence spend.
How does pricing work for PE firms?
Internal Index engagements are scoped per target. Desk licenses are annual, sized to watchlist depth and briefing cadence. Both are discussed on briefing with Travis.
One instrument.
Two ways in.
License the live World Index for ongoing scores and Watch/Act on countries, corridors, sectors, and markets — or commission an Internal Index on your organization: regime, threat call, ninety-day plan, and Day-90 Checkpoint. Same physics; Internal Index is a sealed engagement, not a live watchlist. Get started — exact price after Approve. Built for private equity workflows.
A
Firm license
Allocators
License the World Index
Family offices, funds, and allocator desks put the live World Index on a watchlist of countries, corridors, sectors, and markets — scores, Watch and Act clocks, alerts, and monthly reports on sealed physics while markets still read calm.
- Live scores and Watch/Act clocks
- Countries, corridors, sectors, and markets
- Ask EI — instrument-grounded answers on live scores, briefs, and your desk note
- Alerts, monthly reports, named users included
B
Engagement
Corporates & funds
Commission an Internal Index
One named organization scored on the same six-domain instrument — Threat Validation Gate and a ten-section plan with a 90-day action list and Day-90 Checkpoint. Venture and PE also license the World Index for vertical watchlists. Deploy only when the plan needs to land.
- Same Index physics — score, six domains, regime, insecurity gap (not live Watch/Act)
- Threat Validation Gate · cascade when flagged · 90-day plan · Day-90 Checkpoint
- Digital twin → Board Edition + Exec Folios · source-traced evidence
Next step
Score the portco. Sequence the hold.
Internal Index on a named target — or desk license for the sectors and geographies around it. Get started — or book an intro to scope.