BoardAssess™1 is the only comprehensive, cost-effective, and confidential corporate governance report card through a buy-side lens for pre-IPO and small-cap companies. Companies get the perspective of the primary constituency that matters when it comes to corporate governance – institutional investors.
BoardAssess isn’t legal advice. Unlike lawyers and proxy advisors, BoardAssess focuses specifically on those small-cap boardroom deficiencies that most commonly erode shareholder value from the perspective of institutional investors.
BoardAssess is based on, among other things:
- A review of the company’s website and (for SEC reporting companies) its recent, relevant SEC filings
- Conversations with corporate counsel and corporate secretary
- Conversations with the CEO and CFO
- Conversation with the company’s audit committee chairperson
- Conversation with the audit partner (from the company’s outside audit firm)
- Conversations with all independent board members
BoardAssess results are orally delivered to the Company during a conference call or during an in-person meeting. BoardAssess results are holistic and qualitative (i.e., there are no individual performance reviews or numerical scoring). Subsequent to reporting the results, Third Creek works together with companies to develop custom optimization plans.
Though pre-IPO and small-cap companies are the principal benefactors of BoardAssess, law firms, audit firms, investor relations firms, investment banks, and institutional investors can all benefit from more granular understandings of their client’s (and portfolio company’s) boardroom attributes.
1 BoardAssess is provided only pursuant to a written agreement. Third Creek Advisors provides clients with advice and recommendations only; it is exclusively the province of its clients to independently assess the advice and recommendations. Third Creek doesn’t: raise or find capital for companies, make capital introductions to investors, value or perform any due diligence or analysis with respect to securities, provide advice as to the advisability of buying, holding or selling securities, buy or sell securities, provide advice in connection with restructurings or work-outs, provide legal advice, or provide audit, attest, or public accounting services. Third Creek Advisors is independently owned and operated; it is not a broker-dealer or an investment adviser, and is not directly or indirectly related to any broker-dealers, investment advisers, investment banks, or professional service providers. BoardAssess is a trademark of Third Creek Advisors, LLC.