Why Invest with ICAREX EVS?
At ICAREX Equity Venture Studio (EVS), we are redefining how investors achieve high returns by leveraging a unique model that combines the financial strength of private equity with the transformative expertise of a venture studio.
Our focus is on unlocking untapped value in established, profitable companies, rather than chasing risky startups.
Investor Opportunities with Equity Venture Studio (EVS)
Exceptional ROI
Our model targets a 500% increase in valuation within 3 years.
Hands-On Transformation
We actively modernize technology, operations, and teams - no passive investments here.
Lower Risk Profile
We focus on companies with proven revenue streams and customer bases.
The EVS Model
What Sets ICAREX EVS Apart?
Unlike traditional private equity or venture capital, EVS goes beyond cost-cutting or investing in high-risk startups. We revitalize legacy businesses through:
- Technological Modernization: Implementing advanced digital tools and infrastructure.
- Operational Optimization: Streamlining processes to boost efficiency.
- Product Innovation: Transforming product lines to align with market demands.
- Talent Revitalization: Strengthening teams with the expertise needed to scale.
Discover The Equity venture Studio Transformation Journey
The Equity Venture Studio model can unlock value from established businesses, maintaining a low-risk profile while driving innovation and growth.
Strategic Investment in Legacy Businesses
Legacy companies offer a unique investment profile. They come with established revenue streams, brand recognition, and loyal customer bases.
Many, however, are operating on outdated systems and lack the modern tools to keep up with industry standards. This is where EVS steps in, providing the digital, operational, and strategic upgrades that turn these businesses into modern powerhouses.
Structured Timeline for Growth
Our structured, hands-on approach guarantees early wins that drive sustainable, long-term growth.
- First 6 Months: Intensive assessment and initial quick wins.
- 6 to 18 Months: Major transformations, including tech upgrades, product enhancements, and workforce development.
- 18 to 36 Months: Further value realization as enhanced products and new revenue streams mature.
Selection Criteria for Target Companies
We carefully evaluate companies based on three core criteria to maximize investment success:
- Revenue Stability and Market Position: Targeting businesses with solid, predictable revenues between €1 million and €100 million.
- Opportunity for Modernization: Identifying clear gaps in technology, digital integration, and operational efficiency.
- Scalability Potential: Ensuring that digital upgrades, product innovation, and operational enhancements have a high impact.
Risk Management in EVS
Our multi-layered approach to risk management maximizes the likelihood of success while minimizing exposure.
Investing in legacy businesses has unique risks, but our EVS model is specifically designed to mitigate these risks with rigorous planning and execution:
Thorough Due Diligence
Comprehensive pre-acquisition evaluation ensures alignment with our criteria and goals.
Diverse Portfolio
Spreading investments across multiple sectors reduces exposure to industry-specific risks.
Incremental Updates
Gradual, phased improvements minimize disruption and optimize performance over time.
Expect High ROI and Predictable Returns
Capital Allocation for Maximum Impact
At EVS, we follow a structured capital allocation strategy designed to optimize growth and returns. This balanced distribution ensures we’re both securing valuable assets and investing effectively in their transformation.
50-60%
of capital goes toward acquiring undervalued companies.
40-50%
is dedicated to operational upgrades, talent acquisition, and product innovation.
Success Stories: Proven Track Record
Transforming an Electromechanical Manufacturing Company
Pre-EVS: Obsolete processes and stagnant growth.
Post-EVS: A complete digital overhaul led to a 600% valuation increase in just 3 years, turning an aging manufacturer into a modern market leader.
Case Study
How Our Venture Studio Model Delivered 610% Shareholder Returns in Two Years
Faqs
The EVS model combines the capital leverage of private equity with the operational andtechnological expertise of a venture studio. Unlike traditional private equity, which oftenfocuses on financial restructuring, cost-cutting, and efficiencies, EVS takes a hands-on,transformative approach to modernize the core operations of legacy businesses. Thismeans we don’t just optimize—we fundamentally upgrade a company’s technology,operations, products, and team. Additionally, unlike venture capital, which typicallyinvests in startups and high-growth companies, EVS focuses on established businesseswith proven revenue streams, using our model to unlock hidden value and position themfor long-term growth.
Legacy businesses offer several strategic advantages. First, they come with established
customer bases, brand recognition, and proven revenue models, all of which reduce the
market risk associated with investing in startups. These businesses often know their
markets intimately and have deep industry expertise, but they may lack the tools or talent
to fully realize modern efficiencies and technological innovations. This is where the EVS
model excels—we unlock value by modernizing their operations and product offerings,
which can lead to substantial returns. Moreover, as many legacy businesses lag in digital
transformation, they represent a large, untapped market with significant upside potential
compared to the often saturated and competitive tech-startup ecosystem.
The EVS model is highly scalable due to its standardized yet flexible approach to
transformation. Our process emphasizes core principles—like digital modernization,
operational efficiency, and talent revitalization—that are applicable across a wide range of
industries. By focusing on incremental yet high-impact upgrades and leveraging a
repeatable framework, we’re able to apply this model to diverse sectors, from
manufacturing to consumer goods. While the specifics of each transformation may vary by
industry, our overarching method allows us to scale the EVS model across multiple
companies, creating a portfolio of modernized, high-value businesses. This adaptability is
what makes the model not only scalable but also broadly applicable across traditional and
specialized industries alike.
A typical transformation timeline under the EVS model spans approximately 24 to 36
months. In the initial 6 months post-acquisition, we focus on in-depth assessments and
quick wins, addressing immediate operational inefficiencies and introducing foundational
technology upgrades. Over the next 12 to 18 months, we drive deeper transformations,
including product innovation, advanced digital tools, and workforce enhancements. By the
two-year mark, we often see substantial improvements in performance and valuation, with
further value being realized in the following year as upgraded products and new revenue
streams mature. The timeline is structured to deliver early operational improvements and
build momentum toward the full 500% value increase, positioning the company for both
immediate gains and sustained long-term growth.
We use a rigorous selection process to identify target businesses that exhibit strong
fundamentals but have untapped potential due to outdated practices. Our criteria focus
on three main factors:
1. Revenue and Market Position: We target companies with stable revenue streams,
typically between €1 million and €100 million, and a strong customer base within a
viable market.
2. Operational Gaps and Digital Lag: We look for businesses that show clear
opportunities for modernization, such as outdated systems, under-leveraged
technology, and lack of digital or operational efficiencies.
3. Scalability of Transformation: We evaluate whether the company's core
operations and product offerings can benefit from digital upgrades, product
innovation, and operational restructuring. We avoid companies in heavily declining
industries or with limited market prospects.
By focusing on these criteria, we ensure that each target has the foundational strengths
and market potential needed for a successful transformation under the EVS model.
Investors in the EVS model can expect an ROI that significantly outpaces traditional private
equity returns, primarily due to our hands-on, transformative approach. While traditional
private equity often delivers annual returns in the range of 15–25%, our model targets a
500% increase in valuation over a 3-year period. This is achieved through strategic
upgrades that fundamentally enhance a business’s performance and market position,
making our model more high-growth than traditional, cost-cutting-focused PE
investments. Our structured framework for digital and operational upgrades enables
scalable value creation, yielding returns that rival high-growth investments while backed
by the stability of legacy business fundamentals.
Investing in legacy businesses does involve unique risks, such as outdated systems,
workforce challenges, and market shifts. However, our EVS model is specifically designed
to mitigate these risks through rigorous due diligence and targeted operational
improvements. Before acquisition, we carefully evaluate each company’s market viability
and operational gaps to ensure it aligns with our transformation criteria. Post-acquisition,
we implement phased upgrades, starting with foundational improvements that
immediately reduce inefficiencies and enhance resilience. Additionally, by diversifying
across multiple legacy sectors, we create a balanced portfolio that reduces exposure to
industry-specific risks. This structured, multi-faceted approach minimizes overall risk
while optimizing value creation.
Pre-transformation, valuations are typically based on industry benchmarks and multiples,
often around 30% of annual revenue for under-optimized legacy businesses. We acquire
companies at a discounted valuation due to operational inefficiencies or limited digital
integration, which positions us for substantial value uplift post-transformation. The 500%
increase is not arbitrary; it’s based on actual case studies where our approach has
generated similar value uplift through comprehensive upgrades in technology, operations,
and product offerings. While the exact figure may vary per business, our track record and
structured process offer strong predictability and reliability for this targeted uplift.
Investors can begin seeing returns as early as the first 12–18 months. While exit remains a
primary point of significant return realization, our model also allows for dividends and
profit-sharing from improved cash flows post-transformation. As operational
efficiencies and revenue gains take effect, some portfolio companies may distribute profits
back to investors, providing an earlier return on capital. The exact timing and structure vary
by investment, but our goal is to offer both short-term gains through dividends and
substantial long-term returns upon exit.
The financial structure in the EVS model is strategically divided to maximize capital
efficiency. Approximately 50-60% of the initial capital is allocated to the acquisition of
each target company, securing control and positioning us to drive transformation. The
remaining 40-50% is directed toward operational upgrades such as technology
integrations, talent acquisition, and product development, which fuel growth and increase
valuation. This balanced allocation ensures that we’re both securing valuable assets at a
favorable price and investing sufficiently in their transformation to realize significant value
creation. The exact distribution may vary depending on specific business needs and
growth opportunities identified during due diligence.
Disclaimer
The information provided on this website, including descriptions of the Equity Venture Studio (EVS) model, case studies, and related materials, is for informational and educational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or investment products. The EVS model and associated investment opportunities are intended exclusively for qualified or accredited investors who meet specific financial and regulatory criteria. Please note that our formal investment structure is currently being established in Estonia, and any information provided here reflects our preliminary concept and operational vision based on our proof of concept (POC). The opportunities described will be open to qualified investors only. This website is not intended for general public distribution, nor is it directed at retail investors. If you have questions regarding your eligibility or wish to learn more, please contact us directly.