CRITERIA & PROCESS
Navegar invests in businesses with a proven track record and strong growth prospects. It can invest up to PHP 1 billion and will typically hold a minority stake in the business.
Navegar employs a two-phase investment evaluation process:
Following Navegar’s investment, Navegar will appoint members to the Board of Directors and when appropriate, work with management to support the company’s objectives.
We conduct an initial review of the relevant market, the business opportunity and the company. During this time, we form a view on the company’s growth prospects and our ability to support the company’s goals. A positive Initial Review process will lead to the submission of a Letter of Intent (LOI) containing the proposed terms for a Navegar investment.
With an agreed LOI, Navegar will perform due diligence which will include a detailed review of the business from a commercial, operational, financial and legal perspective. The due diligence exercise will take between two to three months. If our original assessment of the business opportunity is validated, a binding offering to invest in the business will be submitted.