The work is the same as in the case studies: find where customers leak, fix it, and prove it with experiments. Because every change is measured against a control, the gain is a number a buyer can underwrite, not a story.
Your value creation team
Large funds have teams whose only job is to move the numbers between close and exit. Most lower-middle-market companies don't. Clear Growth Group is that team.
Three levers
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Retention
Keep more of what you haveEvery point of churn removed is recurring revenue kept, with no new acquisition cost.
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Conversion
Get paid by more of themTurn more trials, leads and free users into paying customers, and find the segments that pay the most.
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Activation
Remove the frictionClear the steps that stop new customers from reaching value, so more of them stay and expand.
What a point is worth
Enterprise value = EBITDA × multiple
Revenue kept or won without added cost flows mostly to EBITDA. Every dollar of it is then valued again at exit.
1 point less monthly churn
$5M ARR subscription business. Monthly churn 3% → 2%.
- Annual retention
- 69.4% → 78.5%
- ARR kept
- +$454K
- EBITDA at 80% flow-through
- +$363K
- Multiple
- 6x
- Enterprise value
- +$2.2M
3 points more annual retention
$20M ARR business. Gross revenue retention 85% → 88%.
- ARR kept
- +$600K
- EBITDA at 75% flow-through
- +$450K
- Multiple
- 8x
- Enterprise value
- +$3.6M
1 point more trial-to-paid conversion
$10M ARR business adding $3M of new ARR a year from trials. Trial-to-paid 4% → 5%.
- New customers
- +25%
- New ARR
- +$750K
- EBITDA at 80% flow-through
- +$600K
- Multiple
- 7x
- Enterprise value
- +$4.2M
Illustrative. Flow-through and multiples vary by business. Figures show the first-year effect of one lever; kept revenue compounds over a hold period.