Source.
Surface the deals that fit your thesis — from listings, broker flow, and off-market signals — before the rest of the market reads them.
The intelligence infrastructure for capital allocation.
One platform to source, analyze, manage, and exit — across private equity, real estate, and private credit.
Conservancy reads the documents a deal actually runs on — CIMs, offering memos, rent rolls, lender packages, leases — and produces the decision artifact your committee expects, in minutes.
Founded 2026
The full lifecycle
Analyze.
Turn any deal document into the decision artifact your committee expects: scored, sourced, and computed — in minutes, not weeks.
Manage.
Pipeline, assignments, comments, and firm workspaces keep every deal and every teammate on the same page across verticals.
Exit.
Every analysis you run compounds into private benchmarks and exit readiness — the data moat that makes the next deal smarter.
The artifact, in minutes.
Upload the documents. Conservancy returns the report your committee actually reads — structured, computed, and sourced. Three real outputs below.
Sample Output
Midwest Mechanical Services
Commercial HVAC Services·Indianapolis, IN·Founded 1987·47 employees
Type: Bolt-on73Score
Why it fits criteria
Solid bolt-on candidate with manageable founder transition risk and reasonable valuation. Recurring revenue base and customer diversification are the standout strengths; geographic concentration and recent customer loss are the central diligence priorities.
Revenue
$14.2M
EBITDA
$2.1M (15% margin)
Growth
8% YoY
Recurring
32% of revenue
Asking price
$11.5M at 5.5x EBITDA
Fair value
$10.5M – $12.0M
Risks
Founder transition — Dale Thornton, 68, retiring; children not in business
Indianapolis MSA concentration (~70% of revenue)
Dayton foreman indicated possible retirement within 24 months
Recent $380K customer loss to national HVAC consolidator
Growth ideas
Columbus, OH market expansion with existing customer pull
Plumbing cross-sell to installed HVAC base
Increase maintenance contract attach rate from 32% toward 50%+
In-house equipment financing program
Key strengths
- ✓
Long customer tenure — 7.4 year average
- ✓
41% of revenue under preferred provider or maintenance contracts
- ✓
ServiceTitan deployed (2022); diversified customer base
If proceeding — diligence priorities
What to investigate next
- I.
Technician retention interviews across Indianapolis and Dayton crews
- II.
Customer contract analysis — preferred provider and maintenance terms
- III.
Revenue attribution to founder relationships vs. institutional contracts
- IV.
Lost customer analysis — $380K multi-tenant account and replacement pipeline
- V.
Licensing audit — EPA certifications, municipal permits, union exposure
Next step: Request QoE with full P&L detail, technician roster with tenure data, schedule management meetings to assess depth beyond founder.
Built by vertical
Each vertical is a complete workflow on the same engine. Four are live today; the rest open to early access as demand warrants.
Private Equity
LiveDeal screening, IC memos, comparables, and pipeline for lower-middle-market acquirers.
Commercial Real Estate
LiveInstitutional underwriting from OM, rent roll, and T12 — cap rates and DSCR computed, not guessed.
Private Credit
LiveCommittee-ready credit memos with leverage metrics, covenants, and a rated risk view.
Lease Intelligence
LivePage-cited abstracts of leases up to 300 pages — every clause quoted, nothing inferred.
Insurance RiskEarly AccessFamily OfficeEarly AccessPortfolio MonitoringEarly AccessDeal SourcingEarly AccessQuality of EarningsEarly AccessCapital RaisingEarly Access
Priced by vertical
Private equity from $1,500. Real estate from $750 — or $95 per memo. Credit from $1,500. Leases from $45. Design partners get first-year terms.