Technical Due Diligence
Technical Due Diligence for Confident Investment Decisions
Understand the technology behind a potential investment or acquisition. Our independent assessments help identify material technology risks, evaluate technical capabilities, and clarify implications for future growth and value creation.
Why it matters
Technology risk is investment risk.
Technology influences product delivery, operational resilience, scalability, investment requirements, and a company's ability to execute its growth strategy.
A technology platform may appear functional today while carrying hidden constraints, architectural weaknesses, security exposures, or dependencies that could affect future performance.
Independent technical due diligence helps investors evaluate these issues before making a decision.
Our work focuses on translating technical observations into commercially relevant findings.
What we evaluate
A structured view of the technology behind the business.
Technology due diligence for private equity and M&A covers both the software and the organization behind it. Depth in each area is matched to the transaction.
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Technology Architecture
Review architectural design, system dependencies, maintainability, and suitability for expected business requirements.
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Engineering Team & Leadership
Evaluate team structure, engineering practices, leadership capabilities, knowledge concentration, and organizational dependencies.
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Cybersecurity & Operational Resilience
Assess relevant security practices, operational controls, resilience considerations, and material areas of exposure.
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Scalability & Infrastructure
Review infrastructure, hosting, performance considerations, capacity constraints, and the ability to support anticipated growth.
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Software Quality & Technical Debt
Understand maintainability, testing, deployment practices, codebase-related risks where in scope, and potential modernization needs.
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Technology Strategy & Roadmap
Assess alignment between the technology roadmap, available capabilities, and the business's strategic objectives.
What investors receive
Clear findings for the investment process.
We present findings in a format designed to support investment discussions and post-transaction planning.
Depending on scope, outputs may include the items listed.
- Executive-level assessment
- Material risk identification and prioritization
- Technology strengths and constraints
- Potential investment and operational implications
- Remediation recommendations
- Technology roadmap considerations
- Findings walkthrough with relevant stakeholders
Who this is for
Built for transaction decision-makers.
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Private Equity Investors
Assess material technology risks and future investment needs.
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Corporate Acquirers
Understand technical capabilities, constraints, and integration considerations.
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M&A Advisors
Complement financial, legal, and commercial diligence with independent technical analysis.
Our approach
Focused on the questions that matter to the transaction.
We begin by defining the investment context, transaction priorities, and key technology questions. We then tailor the assessment to the target's technology environment and the information available.
Our findings distinguish material transaction risks from operational improvement opportunities and longer-term strategic considerations.
Questions
Technical due diligence: common questions.
Looking for a broader view outside a transaction? See our independent technology assessment.
What is included in technical due diligence?
The scope depends on the transaction and technology environment. Typical areas include architecture, infrastructure, engineering organization, security practices, software delivery, scalability, technical debt, and roadmap alignment.
Can technical due diligence be completed under transaction deadlines?
Engagements can be scoped around transaction requirements, subject to complexity, available information, and agreed deliverables. Timing is confirmed during scoping.
Is technical due diligence the same as a cybersecurity audit?
No. Technical due diligence considers a broader set of technology, organizational, and operational risks. Cybersecurity may be one assessment area, but specialized penetration testing or formal compliance audits require separately defined scope.
Related services
Other ways we can help.
Need an independent view of a target's technology?
Tell us about your transaction and the questions you need answered.