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In 2023, a quarter of all targets we diligenced presented themselves to investors as tech-enabled service businesses – a trend that is growing every day. For these targets, a key outcome of diligence is helping an investor ascertain (or a seller explain): “Is this business really tech-enabled?” What does it mean to be tech-enabled? Definitions […]

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Over the last decade, engineering teams have overwhelmingly favored microservices over monolithic architecture, based on the benefits of continuous delivery, scalability and improved resiliency for cloud-delivered products and services. Earlier this year, however, Amazon made headlines for returning to a monolithic architecture for video monitoring. This raised the question: would 2023 mark the Return of […]

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Crosslake made the 2023 Inc. 5000 list, marking the third consecutive year the company has earned this achievement. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment — its independent, entrepreneurial businesses. “We are deeply grateful to the clients who have enabled our success — and […]

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As legislation around cybersecurity tightens, the total cost of a ransomware attack may now include fines and penalties on top of other recovery costs. Waiting to take action until after a breach occurs is too big of a risk. Yet even as cybercriminals are becoming more sophisticated in their attacks, businesses can take practical steps […]

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With unprecedented levels of private equity dry powder, investment advisors are urging these businesses to begin exit prep now.

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