Project Underhill | Danescor Case Study
Case studies/Project Underhill
Market MappingDeal Origination

Project Underhill

A two-phase programme, map the acquisition universe, then run proprietary origination against the priority targets.

Client: PE-backed chemical distribution platform
27
Data sources analysed
2,400+
Company universe
139
Priority targets
3
LOIs in six months
Background

The challenge

A PE-backed chemical distribution platform wanted to accelerate a buy-and-build, but lacked a structured, prioritised view of the acquisition landscape, and the capacity to run consistent outreach against it.

The engagement

What we did

1

Market mapping

Build the prioritised universe
  • Analysed 27 industry-specific data sources
  • Built a target universe of 2,400+ companies using data engineering, AI, and proprietary web-scraping
  • Curated and scored down to 139 priority targets for origination
2

Deal origination

Engage the priority targets
  • Structured multi-channel outreach across the 139 priority targets
  • Qualified a pipeline through initial discussions and management meetings
  • Progressed opportunities through information exchanges to multiple LOIs
By the numbers

Origination pipeline

139
Priority targets
17
Initial discussions
12
Management meetings
6
Information exchanges
3
LOIs
The outcome

From a 2,400+ company universe to a prioritised, proprietary pipeline, and three LOIs within six months of starting origination.

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