Case Study: Flock keeps its cap table acquisition-ready with Ledgy

Flock kept equity exit-ready for a £109m acquisition with Ledgy

Flock, a London-based insurtech company, faced challenges with its previous equity management platform as it scaled. The platform was no longer intuitive or suited for a fast-growing company, making it difficult to maintain accurate records and prepare for future corporate milestones. Flock needed a solution from a vendor like Ledgy to simplify administration and ensure its cap table was due-diligence ready.

By implementing Ledgy's equity management platform and utilizing its advanced services, Flock streamlined its equity administration. This resulted in a smooth due diligence process for its £109 million acquisition by Admiral Group. Ledgy's solution provided a clear audit trail, reduced administrative workload, and allowed employees to access their information independently, keeping the cap table accurate and exit-ready.

Flock