Preparing for tech due diligence
November 24, 2022
Crosslake CEO Barr Blanton shares insights into preparing for technical due diligence as both a buyer and a seller.
Tech exit prep activities and sell-side due diligence to prepare your team for conversations with potential investors.
Exit-readiness baseline
Remediation
Sell-side diligence
After more than 4,000 tech due diligences for more than 500 private equity investors, we know what investors are looking for. The goal of sell-side diligence is to show you how an investor will view your business — before they’re sitting across the table from you.
A proactive approach to exit readiness gives your team time to address likely concerns and develop a compelling tech story and roadmap to drive maximum value at exit.
Maximize value by reducing and mitigating risk
Build a strong value proposition and control the narrative
Optimize team effort by preparing once for exit
Health check baseline report (internal)
A full tech due diligence report, written as we would evaluate your business for an potential investor.
Health check recommendations report (internal)
A prioritized recommendations report outlining remediation activities.
Sell-side due diligence / VDD report (external)
Detailed, objective assessment of how the investment strategy will be impacted by the business’s technology, practices and people.
This Forbes Cloud 100 provider of FinTech solutions needed to validate the value of its new machine learning platform in development throughout the hold period.
The business turned to Crosslake to evaluate its software IP and platform modernization efforts. Crosslake provided a prioritized list of remediation steps to minimize risks and coached the team in crafting a compelling tech story.
After implementing Crosslake’s recommendations, the organization secured $300M in Series C funding, growing from a mid-sized, $30M company to a $70M company with a $3.1B valuation.
Today, the company has more than 1,000 employees and annual revenues exceeding $380M.
Crosslake CEO Barr Blanton shares insights into preparing for technical due diligence as both a buyer and a seller.
Technical due diligence is an essential component of the M&A lifecycle for most businesses today. But what exactly are private equity firms, investment banks and
We want to present our technology in the best light