Case Study: Private Equity Firm Founder Saved from “Maintenance Hell”
Anyone who works in private equity knows that last minute surprises – no matter how “trivial” they may seem – have the power to derail entire deals.
Unfortunately, those “little surprises” are almost bound to pop up when legal entities are handled by an old-school, legacy entity management provider. It’s an issue Alex Gregor, founder and partner of Knox Capital, knows well.
To gain control over Knox Capital’s entities, Alex and his team outsourced entity management to an industry giant registered agent. The decision didn’t make life easier – in fact, it made it a whole lot harder.
The servicer left tasks unfinished, didn’t respond to requests, and didn’t have transparent processes. In the end, Alex and his team ended up having to manage their registered agent, defeating the purpose of hiring them in the first place.
Alex knew something needed to change.
Focus on Deals, Not Entities
Private equity firms, venture capital, asset management, and other financial firms require a trusted and dependable partner to manage their legal entities so they can focus on what they do best: moving capital.
Connecting strategic issues to opportunities is what Filejet’s automated system and transparent, collaborative platform is all about. It provides users (and their financial partners) confidence that their entities are handled. No surprises, no drama.
In the case of Knox Capital, Alex found Filejet and was won over by the team’s hyper-attentive, concierge-level service, transparency, and reliability. Now that Filejet manages Knox Capital’s entities, Alex and his team are 100% confident that their entities are in good standing 100% of the time.
“Filejet improved the stream of communication and provided Knox Capital with better transparency of its entity status at any given moment,” said Alex.
You can read the full story in our case study here.