Non-market risk intelligence

Legal, regulatory and geopolitical risk.Every deal. At inception.

See what could matter, and why, before launching full diligence.

DEALSAGE screens legal, regulatory and geopolitical risk at deal inception, showing deal teams where closer attention may be warranted.

Prioritization in progress
Illustrative scenario

New deal

US EdTech platform

Growth investment. AI-assisted learning tools for K-12 districts.

Target sector
Education technology
Jurisdiction
United States
Data held
US student records

50+ Years

Combined multidisciplinary transaction experience behind the platform

Thousands

Of risk analyses performed informed by that experience

Minutes

To separate signal from noise, and return on investment

“It solves the 24 to 48-hour underwriting crunch we face on every new deal.”

Managing Director, Financial Sponsor

“I love the product. It will make me look smarter with my deal teams and make those conversations easier because the analysis is independent. It's fast and cost-effective, and lets me focus my time and judgment on the deals that really require them.”

Chief Legal Officer, Financial Sponsor

“DEALSAGE flagged things at the screening stage I wouldn't have known, even in a space I know well. I now run every deal through DEALSAGE because some apparently benign deals have hair, while others that look sensitive turn out to be benign.”

General Counsel, Financial Sponsor

The Challenge

The most consequential calls happen before you have enough information.

At the start of a transaction, there is a lot that could matter. Regulatory exposure. Litigation. Reputation. Geopolitics. Government relationships. Labor. Supply chains. Environmental issues. Policy shifts. And the issues that may matter the most may not be obvious from the deal materials.

01 · The universe of what could matter

Potential issues are everywhere. The harder question is which ones warrant attention.

02 · The current tradeoff

Bring in outside counsel and experts early

Commit time and cost before you know whether you really want to pursue the deal or whether you’ll even win it.

Or

Make the early call with limited information

Rely on legacy heuristics and instinct, with the possibility of missing something material or giving too much weight to something that ultimately isn’t.

Both were reasonable when a better option did not exist. Both approaches are problematic today.

03 · DEALSAGE

Decision architecture at deal inception.

DEALSAGE combines technology with seasoned, multidisciplinary judgment to identify what could matter, distinguish signal from noise, and prioritize where deeper diligence is warranted.

Less noiseClearer prioritiesMore focused diligence

Deploy time, expertise and resources where they matter most.

The answer

DEALSAGE helps buy and sell-side deal teams identify material non-market risks earlier, separate real concerns from perceived ones, and pursue opportunities with greater confidence and speed.

Earlier

Surface material non-market risk in minutes, while the decision is still being made.

Clearer

Separate material concerns from risks that only appear to be.

More confident

Pursue opportunities with a clearer understanding of what actually warrants deeper diligence.

DEALSAGE runs upstream of diligence and outside advisors.

How it works

A screening layer between the deal and the decision.

01 · Screen

Start with the target

Enter a company or upload deal materials at the earliest stage of evaluation. Minutes of input, not a diligence questionnaire.

02 · Surface

Surface issues that may matter

Potential issues across the target, ownership, footprint, sector and transaction structure, evaluated together, with cascading logic.

03 · Focus

Direct attention

Understand why an issue may matter, and where internal or outside expertise may help.

How the output is framed

A map of where to look closer.

A sharper first pass and clear roadmap, not a verdict on the deal. Every finding arrives in the same five-part frame, so a team knows what to do with it.

What surfaced
Relevant fact or pattern
Why it may matter
Potential deal relevance
What to examine
Focused questions
Where expertise may help
Suggested escalation
Supporting basis
Evidence and sources

Built for live deal decisions

Surface on day one what might not otherwise emerge until week eight.

A US financial sponsor is investing in a US education technology business whose software helps grade-school students learn. Domestic target, domestic buyer, familiar sector.

To fill the check, the firm brings in one of its larger limited partners from the Middle East as a co-investor. Ordinary structuring.

What the deal team does not know is that the US government is acutely focused on foreign government access to US student data. Found late, that single fact can kill the deal, damage the LP relationship and create regulatory exposure.

Found early, it is a structuring question with two or three viable answers, and the same screening shows which flagged items are not actually problems.

Illustrative scenario. No client facts are used anywhere on this site.

Prioritization in progress
Illustrative scenario

New deal

US EdTech platform

Growth investment. AI-assisted learning tools for K-12 districts.

Target sector
Education technology
Jurisdiction
United States
Data held
US student records

Investment thesis

What deserves a closer look before conviction builds?

Process strategy

What may warrant attention around timing, approvals or certainty?

Priority scope

Where can internal teams or outside advisors focus most effectively?

Price and terms

What questions should inform valuation, conditions or risk allocation?

Who it's for

Built for teams making investment and M&A decisions.

From initial screening through live diligence, DEALSAGE helps teams understand non-market risk earlier and focus time and expertise where it matters.

Financial sponsors

Screen regulatory, geopolitical and other non-market risks earlier, before spending time and money on deals that you may not want or may not go anywhere.

Strategic acquirers

Pressure-test investment assumptions and surface material deal and integration issues earlier.

Institutional investors

Understand non-market exposure in a commitment or co-investment while the terms are still being set.

Law firms

Arrive at the first client conversation with the initial risk picture already assembled and prioritized.

Other transaction advisors

Give clients an early, defensible read on where deeper work is warranted, and where it is not.

Expertise and execution

DEALSAGE helps you see the deal from all the sides that matter.

Mario Mancuso

Mario Mancuso

Founder & CEO

Built and led the CFIUS and national security practice at Kirkland & Ellis. Former US Under Secretary of Commerce and CFIUS decision-maker.

Louis Citron

Louis Citron

Founder

Chief Legal Officer of NEA for 23 years, overseeing thousands of investments and liquidity events.

Global Advisory Council

The DEALSAGE Global Advisory Council brings together distinguished leaders from finance, law, government, geopolitics, and technology to help anticipate the forces reshaping global investment and M&A. Their multidisciplinary judgment informs DEALSAGE’s strategy and enterprise risk intelligence platform, making expertise once accessible only to the world’s largest and best-resourced institutions available at scale.

Ambassador John J. Sullivan

Ambassador John J. Sullivan

Senior Advisor, Chair of the Global Advisory Council

Former US Ambassador to Russia and Deputy Secretary of State, with four decades at the center of US foreign and national security policy.

Read the full backgrounds

Insights

How we read the risk landscape.

All insights

Next step

See DEALSAGE at work on a deal like yours.

See how DEALSAGE surfaces material risks, separates real concerns from perceived ones, and helps focus your diligence where it matters.

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