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Harness A decade of company program data.

Explore Tender Offer Benchmarks

Nasdaq Private Marketu2019s Tender Offer Benchmarks provide management teams with hard-to-source information on typical pricing, structure, and performance.

Our reports offer visibility into the different levers available when designing a tender offer. Submit your information to receive a detailed report from our tender offer product specialists.

Laptop displaying detailed tender offer benchmark data, including valuation and sellable limitsForm interface to generate custom tender offer benchmarks based on company-specific inputs

Who Benefits from This Report

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Tactic
Company with No Program Planned

A company with no previous tender offer experience is interested in learning more about secondary liquidity for employees. Data highlights benefits and typical structures of programs for executive team and board of directors.

NPM benchmark data enables company to strategically plan a tender offer following their primary round.

Next_Plan
Company Planning First Program

A company is planning to structure its first employee liquidity program and is looking for data on the competitive environment and typical tender designs.

NPM benchmark data helps enable the company to engage employees and aim to achieve an optimal subscription rate.

Restart_Alt
Company Planning Repeat Program

A company that has previously run tender offer programs and is looking to evaluate current market conditions and competitive environment for similar companies.

NPM benchmark data enables company to attract third-party investors and optimize participation from existing employee pool.

Leverage NPM Data When Considering a Program.

Actionable Data to Optimize Your Tender Program

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Company Data
  • Tender Frequency
  • Years in Business
  • Sector
  • Financing + Valuation
Pre-Program Data
  • Timing + Structure
  • Offering Size
  • Pricing + Eligibility
  • Sellable Limits
Post-Program Data
  • Transaction Size
  • Subscription + Participation
  • Purchaser Allocation
  • Fee Structure
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Key Stats.
Total Transaction Value

0

  • Total Company-Sponsored Programs

    0

  • Number of Eligible Program Participants

    0

  • Private Companies' Data Tracked

    0

  • Onboarded Institutional Investors

    0

  • Total Number of Unicorn Clients

    0

Data as of January 2024

Powerful Private Market Data.

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Top Referring Law Firms for Private Company Transactions
  • Goodwin

  • Wilson Sonsini

  • Cooley

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  • Latham & Watkins

  • Kirkland & Ellis

  • Gunderson Dettmer

  • McDermott

  • DLA Piper

  • Orrick

  • Company Counsel
  • Buyer Counsel
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Client Industry Breakdown
Banking, Payments, Investments + Insurance

22%

Banking, Payments, Investments + Insurance

22%

Information Technology

19%

Information Technology

19%

Entertainment Products + Services

14%

Entertainment Products + Services

14%

Business Support Services

11%

Business Support Services

11%

Household Goods + Services

11%

Household Goods + Services

11%

Biotech, Pharma + Health Care

8%

Biotech, Pharma + Health Care

8%

Energy

6%

Energy

6%

Food + Beverages

3%

Food + Beverages

3%

Media

3%

Media

3%

Real Estate

3%

Real Estate

3%

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Our Recent Client Valuations
  • 13% $0-$250M
  • 6% $500M-$1B
  • 17% $1B-$2B
  • 40% $2B-$5B
  • 23% $5B+
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