EDMONTON, AB — April 23, 2026 — Napkin Deals today expanded Take-Private Intelligence, its institutional screening product, with live activist tracking and one-click LBO modeling. The system now parses 13D and 13G filings as they land, matches filers against a watchlist of 26 activist funds, and folds the result into a seven-factor composite score — valuation, cash flow, debt capacity, governance, activists, strategy, and market — recomputed every six hours across more than 5,000 public companies.
Why take-privates, why now
US take-private activity reached $242.9 billion across 41 closed deals in 2025 — more than double the prior year and the second-highest annual volume on record. The opportunity concentrates exactly where the screener looks: undervalued small- and mid-cap public companies with balance sheets that can carry acquisition debt.
From score to memo
Every candidate page now carries a quick LBO model and a printable deal memo: a thesis summary, the seven-factor breakdown, valuation against precedent take-privates, and a deterministic set of return levers — multiple expansion, deleveraging, free-cash-flow harvest, and balance-sheet value among them. The numbers are computed, not generated: the model never invents a figure.
Pre-built screens ship with the release, including a classic private-equity screen — P/E under 15, EV/EBITDA under 10, free-cash-flow yield above 5 percent — an activist-pressure screen, and a strategic screen weighted toward recurring revenue. Take-Private Intelligence is available to institutional users by application.