SPAC TARGET ANALYSIS · FINANCIAL MODELLING · VALUATION

VAISHALI CHAWLA

Independent Consultant · Delhi, India · Working with US and global deal teams

Financial modelling and transaction analysis for SPAC sponsors, investors and the companies they back.

I work as an extension of SPAC sponsor deal teams, building models, stress-testing projections, analysing PIPE financing and dilution, and assessing listing feasibility, so principals can act on numbers they can defend.

SERVICES

INDEPENDENT ANALYSIS THAT TESTS THE NUMBERS BEHIND INVESTMENT DECISIONS

SPAC Target Evaluation & Transaction Support
Target research and valuation, Nasdaq listing eligibility, and PIPE and bridge financing models built directly from term sheets, covering conversion mechanics, investor returns, pro forma ownership and dilution. I also review existing transaction models.
Financial Modelling, FP&A & Forecasting

Driver-based models built on how the business actually grows (patients, customers, agents, take rates), plus integrated operating models, budgeting, rolling forecasts and budget-versus-actual analysis for sponsors and the company they are acquiring.

Valuation & Investment Analysis

DCF, comparable-company and precedent-transaction valuation, including risk-adjusted valuation of drug pipelines. Every key assumption is sourced and tested against management’s projections.

Investment Research & Commercial Due Diligence

Bottom-up market sizing from epidemiology and demographics, competitive benchmarking, and research-style investment theses, with particular depth in healthcare, biopharma and medical devices.

Process Design & AI Workflow Enablement

Clear standards and SOPs for analytical work, increasingly built as AI-ready workflows, so models, research and deal analysis stay consistent whoever does the work.

SECTOR DEPTH

Healthcare & Biopharma · Medical Devices & Diagnostics · Digital Health · Semiconductors & Edge AI · Consumer · Marketplaces · Travel & Hospitality Tech

ABOUT ME

I’m an independent financial modelling and valuation consultant. My work is on the buy side: helping SPAC sponsors, and the venture investors behind them, decide whether an acquisition is worth doing and how it should be structured.

Since 2022, I’ve worked as an extension of SPAC sponsor teams, evaluating acquisition targets across healthcare, medical devices, digital health and consumer sectors. That covers target financial models and bottom-up revenue forecasts, comparable-company benchmarking, market sizing, Nasdaq listing eligibility, and pro forma capitalization, dilution and PIPE financing analysis.

Before that, I analysed more than 100 SPAC transactions, from deal structures and PIPE terms to redemptions and sponsor economics.

The same analysis applies directly to private equity and corporate acquirers: the questions are the same whether the buyer is a SPAC, a fund or a company.

The common thread is work where data is incomplete and assumptions have to be researched and defended, not lifted from a management deck. I work directly with principals, under NDA, and scope each engagement around the decision it needs to support.

Certified FRM (GARP) · CFA Level I · CA Final (Group 2 passed)

Have a research or modelling problem?

If you’re evaluating an investment, building a model, analysing a transaction, or facing a problem where the data is incomplete and the assumptions need defending, let’s discuss it.

I reply within one business day, wherever you’re based.

Happy to sign an NDA before our first call. I work with teams across the US, UK, Middle East and Asia-Pacific, and align my hours to your time zone for calls, reviews and deal deadlines.

© 2026 Vaishali Chawla