Crosslake was named Technology Due Diligence Provider of the Year at the 22nd annual Real Deals Private Equity Awards in London. Crosslake was recognized for demonstrating how its services create value for clients through unmatched insights into specific business issues and industry trends.
“We’re honored to have been named the Technology Due Diligence Provider of the Year by the Real Deals team,” said Neal Fiske, Crosslake’s Managing Director. “Our team’s unparalled expertise and commitment to serving our clients is what drives Crosslake. We thank all of our clients for partnering and trusting us to create success for their businesses.”
Crosslake was named for its work with Bridges Fund Management, Ltd. Crosslake helped the company evaluate and understand the strategic and operational improvements necessary to create value. Crosslake conducted a full technology diligence to look more closely at the target’s technology organization, product, software development lifecycle, infrastructure, architecture, security and support services.
“From the outset, the Crosslake team’s performance was commendable,” said Tom Mountford, Portfolio Director of Sustainable Growth Funds at Bridges. “The Crosslake team was knowledgeable, diligent and provided the Bridges team with reassurance that the critical issues had been identified and explored – with appropriate recommendations made to address the issues post transaction.”
Crosslake originated in 2010 to become the world’s most relevant firm for technology investors and management teams looking to buy, build and run technology that creates value. Our unmatched practitioner community of former CTOs, CIOs, architects and engineers guides actionable, business-focused technology decisions – underscored by objective TechIndicators® from our proprietary dataset of 4,000+ prior tech M&A transactions. In-house delivery teams bring strategic value creation initiatives to life, with Build solutions for bespoke software and technology to enable business transformation, and Cyber solutions to address security weaknesses and risks in software and code quality. It’s clear why Crosslake is the firm investors rely upon to make technology make a difference. Learn more at: www.crosslaketech.com
About Real Deals
Real Deals publishes the most important European private equity news, alongside deep analysis and comprehensive deal coverage. The team at Real Deals also produces some of the industry’s most prestigious award ceremonies and conferences including Reals Deals Mid-Market, Real Deals Mid-Market Debt, Real Deals Value Creation, Real Deals ESG, and the Private Equity Awards. Alongside the monthly print magazine, Real Deals is available as a digital edition, ideal for reading on desktops and tablets. Learn more at www.realdeals.eu.com
About Bridges Fund Management
Bridges Fund Management is a private equity fund providing aligned capital, sector expertise and strategic operational support to U.S. based management teams. Bridges invests in lower middle-market companies operating within the healthcare, environmental service and sustainable manufacturing sectors, with a focus on supporting quality jobs and underserved markets. Learn more at www.bridgesfundmanagement.com