Platform Updates: April 2024

1 - ARR build functionality released, unlocking further granularity for SaaS or other bookings-based business models.

By popular demand from our tech-investor deal teams, Mosaic is thrilled to now enable users to seamlessly integrate Annually Recurring Revenue (ARR)-style calculations into your operating models. With this new feature, you can construct a comprehensive ARR build, reflecting key drivers such as new bookings, upsells, downsells, churn, and any other items relevant to your particular situation. You can then effortlessly incorporate these ARR calculations directly into your final revenue figures, as shown below. 

We’ve made this framework versatile (not only limited to SaaS deals!) - you can easily apply the same logic across other business models and industries, including financial services by accommodating inflows and outflows with precision for AUM builds.

To incorporate ARR into your next Operating Model, simply click the “Add Revenue” line above the Revenue row in your Operating Model and choose the “SaaS build” revenue template to get up and running in seconds.

To build your own ARR roll-forward style schedules without first leveraging Mosaic’s template, simply link your “beginning” row to your “ending” row using our newly available driver, “Prior Period Reference” and watch it all hang together as expected.

2 - Set personal default assumptions to jump-start your Mosaic models.

Mosaic has always pre-populated common, trivial assumptions (e.g., interest deductibility limits, fees, etc.) to help our deal teams build models efficiently and focus on the assumptions that truly drive outcomes.

Today, we’re excited to hand the control over those default assumptions to you:

Always model in Euros? Always focus on NTM EBITDA at entry and exit? Always set up your deals with a first lien, second lien leverage package at 6.0x EBITDA? You can now set all of these (and more) one time for all future models to start from.

In addition, Admin users can also customize Mosaic’s Excel and PDF downloads to reflect your team’s unique colors and fonts.

3 - Multiple OpModel cases on an LBO will unlock our dynamic case comparison output

If you’re running multiple cases within an LBO, you no longer have to flip back and forth to compare OpModels! As soon as you have two or more operating cases within a Mosaic LBO, you will be able to navigate to our new “Case Comparison” tab on the dashboard, as shown below. 

Here, you can easily compare the key differences between each case in a side-by-side view, including operating drivers such as Revenue and EBITDA CAGRs as well as the impact on returns.

Let us know what you think 📣

Mosaic has been built over the years by the collective intelligence of the private equity industry - specifically, by you, our users - through your thoughtful product feedback.

Your feedback is instrumental in helping us build a product that you'll continue to love far into the future. Please reach out if there is anything we can do to make your Mosaic experience even better.

That's all for now! Shoot us a note at support@mosaic.pe if you can think of anything else you'd like to see in Mosaic!