Bring a deal to the KUKO nest
Start with the business, the transaction and your initial investment thesis. The deal does not need to be perfect. It needs to be explicit.
Memorable Business Plan
KUKO.
Turn your LBO model into a Memorable Business Plan.
Hard deal questions. A connected downside, base and upside LBO. A deal narrative you can pressure-test — then take to the room.
Live Maple Manufacturing demo. No signup required.
MBP — Memorable Business Plan
Pressure-test the deal before you present it.
Your LBO calculates the returns.
Your MBP connects the thesis, assumptions, scenarios and narrative behind them so investors and lenders can understand not only what the deal returns, but why it should work and where it could break.
KUKO challenges the weak points and keeps the entire investment case connected. Build your deal narrative with confidence.
Hard questions. One coherent model.
How it works
Five rounds. From deal to MBP
Bring KUKO a potential acquisition. Through five rounds, the deal is questioned, modelled, tested and turned into a coherent Memorable Business Plan.
SPAR with KUKO
KUKO asks. You answer. KUKO confronts the deal with the questions investors, lenders and partners will eventually ask. No generated answers. No invented assumptions. The judgement, evidence and rationale remain yours.
Build the model
Your answers become a connected LBO: a financial twin of the deal built around your assumptions. When one assumption changes, the whole investment case changes with it.
STRESS THE DEAL
Push the investment beyond the base case. Explore what could go right, what could go wrong and where the deal could break.
Take to the ring
Turn the process into a living Memorable Business Plan: coherent, editable and traceable. Use it to explain, challenge and defend the deal with investors, lenders, partners and other stakeholders.
Product
The full deal rehearsal flow.
Walk through KUKO from the first deal assumptions to a connected LBO, stressed scenarios and a Memorable Business Plan ready to share.
Round 01
Deal definition
Capture the business, transaction structure, historical financials and initial investment thesis through a guided process. KUKO helps you make every important assumption explicit before it enters the model.
Open in app →Round 02
Deal questions
Build the transaction from the ground up. Set the purchase price, sources and uses, equity contribution, fees and complete debt structure. Every input feeds the same connected LBO.
Open in app →Round 03
Deal setup
Challenge the assumptions behind the investment case. KUKO surfaces the questions investors and lenders are likely to ask about growth, margins, leverage, cash generation, downside protection and exit. KUKO provides the questions. You provide the answers, evidence and judgement.
Open in app →Round 04
Scenario engine
KUKO builds downside, base and upside from the same underlying model, with P&L, balance sheet and cash flow statements. Change revenue, margins, working capital, financing or exit assumptions by scenario and see the impact across the entire deal.
Open in app →Round 05
Returns dashboard
See the investment case clearly. Review IRR, MOIC, debt paydown, cash generation, DSCR and the key differences between downside, base and upside in one decision-ready view.
Open in app →Round 06
Sensitivity analysis
Find out what really drives the return — and what could destroy it. Test breakevens, compare critical variables and explore sensitivity matrices across operating, financing and exit assumptions.
Open in app →Round 07
Deal memo
Turn the connected model into a coherent deal narrative. Bring together the thesis, transaction, assumptions, scenarios, returns, risks and open questions in a concise output designed for investors, lenders and partners. When the deal changes, the narrative changes with it. Export in Excel, Word and PDF.
Open in app →Final Round
A living Memorable Business Plan
Not a static spreadsheet. Not a disconnected presentation. A coherent, editable and traceable investment case in which the assumptions, model and narrative always tell the same story.
Open in app →
01 / 07Deal definition
Round 01
Deal definition
Capture the business, transaction structure, historical financials and initial investment thesis through a guided process. KUKO helps you make every important assumption explicit before it enters the model.
Round 02
Deal questions
Build the transaction from the ground up. Set the purchase price, sources and uses, equity contribution, fees and complete debt structure. Every input feeds the same connected LBO.
Round 03
Deal setup
Challenge the assumptions behind the investment case. KUKO surfaces the questions investors and lenders are likely to ask about growth, margins, leverage, cash generation, downside protection and exit. KUKO provides the questions. You provide the answers, evidence and judgement.
Round 04
Scenario engine
KUKO builds downside, base and upside from the same underlying model, with P&L, balance sheet and cash flow statements. Change revenue, margins, working capital, financing or exit assumptions by scenario and see the impact across the entire deal.
Round 05
Returns dashboard
See the investment case clearly. Review IRR, MOIC, debt paydown, cash generation, DSCR and the key differences between downside, base and upside in one decision-ready view.
Round 06
Sensitivity analysis
Find out what really drives the return — and what could destroy it. Test breakevens, compare critical variables and explore sensitivity matrices across operating, financing and exit assumptions.
Round 07
Deal memo
Turn the connected model into a coherent deal narrative. Bring together the thesis, transaction, assumptions, scenarios, returns, risks and open questions in a concise output designed for investors, lenders and partners. When the deal changes, the narrative changes with it. Export in Excel, Word and PDF.
Final Round
A living Memorable Business Plan
Not a static spreadsheet. Not a disconnected presentation. A coherent, editable and traceable investment case in which the assumptions, model and narrative always tell the same story.
Founder
Twenty years building products. Five years building deals.
Víctor Ruz
Founder of KUKO · Product designer · Acquisition entrepreneur · Former McLaren F1 engineer
Víctor has worked with SMEs since 2006, using product design, engineering and innovation to create value under real-world constraints. His experience includes projects for McDonald's, Telepizza, Repsol, the Tour de France and McLaren Formula 1.
Since 2021, through Agripina Capital, he has focused on searching for, analysing and structuring SME acquisitions.
KUKO was born at the intersection of both careers: engineering complex connected systems and turning fragmented deal assumptions into one coherent investment case.
Executive MBA — London Business School
Built for acquisition entrepreneurs, by one.
Early access
Enter the Arena with a deal you can defend
A small group of acquisition entrepreneurs is already testing KUKO on real deals. New beta access codes will be released in limited batches. Everyone else can join the waitlist for the next round.