Intelligence layer for Private Equity

Your portfolio deserves
better than PowerPoint.

Spandan brings an AI-native intelligence layer to PE firms — automating portfolio benchmarking, deal signal extraction, LP reporting, and value creation tracking in one unified platform.

$6T+
PE AUM globally
80%
Back-office still on spreadsheets
12×
Faster LP report generation
Real-time
Deal signal detection

PE firms manage trillions.
Their ops run on gut and PowerPoint.

The private equity back office hasn't changed in decades. Partners still stitch together portfolio performance from inconsistent Excel submissions, LP reports are built manually every quarter, and deal sourcing relies on relationship networks and stale databases. There is no intelligence layer.

No benchmarking intelligence

Portfolio company KPIs sit in inconsistent formats. Comparing EBITDA margins across 20 portcos takes weeks, not minutes.

Quarterly LP reports take weeks

Associates burn two weeks per quarter assembling LP packages in PowerPoint. Every cycle. Every fund. Every LP.

Deal signals are missed

Regulatory filings, news events, and ownership shifts go undetected. Your CRM doesn't read SEC filings or parse earnings calls.

Value creation plans go untracked

100-day plans live in slide decks. There's no system of record to track initiative progress or hold portcos accountable.

Four modules.
One intelligence layer.

Spandan plugs into your existing data infrastructure — portfolio company reporting, CRM, filings databases — and surfaces what matters: which portcos are underperforming vs peers, which deals need your attention today, and what your LPs need to see this quarter.

01
Portfolio Benchmarking

Normalize KPIs across all portfolio companies against sector peers. Identify outliers, flag underperformance, and surface improvement levers before board reviews.

EBITDA Margins Revenue Growth Peer Comps IRR Attribution
02
Deal Signal Engine

Continuously monitors news feeds, SEC/SEBI filings, earnings transcripts, and ownership changes. Surfaces actionable deal signals before they reach your competitors.

SEC Filings News NLP Ownership Shifts Distress Signals
03
Automated LP Reports

Generate quarterly LP packages automatically from live portfolio data. Customizable templates, consistent narrative, and one-click export — in hours, not weeks.

Quarterly Packs Custom Templates Portfolio NAV PDF Export
04
Value Creation Tracker

Turn 100-day plans and value creation playbooks into living dashboards. Track initiative status, assign ownership, and measure impact on exit multiples in real time.

100-Day Plans Initiative Milestones MOIC Impact GP-Portco Sync

From raw data to decision-ready insight in minutes.

1

Connect your data

Plug in portco reporting pipelines, CRM exports, and external filings sources. Spandan normalizes everything automatically.

2

AI enrichment layer

Our models classify, score, and contextualize every data point — benchmarking against sector peers and historical fund data.

3

Signals surface

Deal triggers, performance outliers, and LP-relevant events are flagged in your daily intelligence feed — prioritized by urgency.

4

Act and report

Generate LP packages, update value creation plans, and route decisions — all from within one connected workspace.

Platform preview

Spandan — Portfolio Intelligence
Fund III
Overview
Benchmarks
Deal Signals
LP Reports
Value Plans
Portfolio MOIC
2.4×
↑ +0.2× QoQ
Avg EBITDA Margin
28%
↑ +3.1pp vs peers
Deal Signals Today
7
2 require action
LP Report Status
Q2
Draft ready

PortCo Delta Systems — EBITDA margin 340bps above sector median. Exit readiness score elevated.

2h ago

SEC Form 13D — activist filing detected in adjacent vertical. Potential carve-out opportunity.

4h ago

PortCo Meridian Retail — Revenue 18% below Q2 plan. Value creation initiative #4 at risk.

6h ago

Built for every layer
of the PE firm.

For Partners

Portfolio review in 10 minutes, not 2 days

Walk into every board meeting with automatically synthesized portco performance against plan, peers, and prior quarters — without chasing associates for data.

↑ Partner leverage — 3× more portfolio oversight, same headcount
For Deal Teams

Surface proprietary deal flow before the market does

Daily signal feeds from filings, press, and alternative data sources flag ownership changes, distress indicators, and sector dislocation — before your competition calls the banker.

↑ Deal conversion — proprietary sourcing reduces process competition
For IR & Operations

LP quarterly reports in hours, not weeks

Spandan auto-generates fund and portfolio summaries directly from live data. Compliance-ready, brand-consistent, and customizable per LP preference.

↓ 12× reduction in LP report production time
SR

Sanhik Roy

Founder & CEO, Spandan

Sanhik built Spandan from a simple observation: private equity firms making billion-dollar decisions about portfolio companies routinely operate with less data visibility than a mid-size SaaS company has about its own growth metrics.

With deep exposure to PE back-office operations and a background bridging financial services and applied AI, Sanhik is building the intelligence layer the industry has needed for two decades — starting with the four most painful points in the PE workflow: benchmarking, deal sourcing, LP reporting, and value creation tracking.

Deep operational exposure to PE fund reporting workflows and portfolio monitoring infrastructure
Built AI-native data pipelines for financial signal extraction at scale across regulatory filings
Advised PE and family office clients on operational data strategy and reporting modernization
Believer that the next generation of PE outperformance will be won in the operations layer, not the deal room
Get started

Ready to give your portfolio
an intelligence layer?

Spandan is currently in private beta with a select group of mid-market PE firms. Join the waitlist or schedule a conversation with Sanhik.

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