Crosslake earned Technology Due Diligence Provider of the Year at the 22nd annual Real Deals Private Equity Awards in London. The award recognizes Crosslake’s ability to create value for clients through unmatched insights into specific business issues and industry trends.
“We’re honored to be named Technology Due Diligence Provider of the Year by the Real Deals team,” said Crosslake Managing Director, Neal Fiske. “Our team’s unparalleled expertise and commitment to serving our clients drives us. But most of all, we thank our clients for trusting us to create success for their businesses.”
Crosslake’s work with Bridges Fund Management, Ltd. led to the award. For this project, Crosslake conducted a full technology diligence, looking closely at the technology organization, product, software development lifecycle, infrastructure, architecture, security and support services of Bridge’s target company. As a result, Crosslake’s team delivered insights that helped Bridges evaluate the strategic and operational improvements necessary to create value.
“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 and diligent. They provided the Bridges team with reassurance that the critical issues had been identified and explored. At the same time, they provided appropriate recommendations to address the issues post transaction.”
About Real Deals
Real Deals publishes the most important European private equity news, deep analysis and comprehensive deal coverage. The team at Real Deals also produces some of the industry’s most prestigious award ceremonies and conferences. You may know them for 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. 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. Their focus is on supporting quality jobs and underserved markets. Learn more at www.bridgesfundmanagement.com