technical and product

DUE DILIGENCE

Thought Source are expert in the art of getting deep under the covers of a technology or technical product you are looking to acquire.  We look at the product, the way it’s built, the team that built it and how it is brought to market.

INTRODUCING

THE DUE DILIGENCE SHOW

The Thought Source team have produced a video series covering the "behind the scenes" of performing technical due diligence for M&A projects.

Our deal sizes (last 12 months)

$10m to $2B+

30+

deals and counting

COUNTLESS

material findings that influence client deal negotiation and outcome

HIgh tech

Virtualization

SaaS

Mobile

Cloud

Collaboration

INDUSTRIES

Enterprise Software

Health

Shipping

Logistics

Printing

Rail

15+

years experience

USA, UK, Europe, India, ANZ

Our deal sizes (last 12 months)

$10m to $2B+

30+

deals and counting

COUNTLESS

material findings that influence client deal negotiation and outcome

HIgh tech

Virtualization

SaaS

Mobile

Cloud

Collaboration

INDUSTRIES

Enterprise Software

Health

Shipping

Logistics

Printing

Rail

15+

years experience

USA, UK, Europe, India, ANZ

WE BRING VALUE BEYOND “DUE DILIGENCE”

 

BETTER DEALS FASTER

Specialist diligence teams know how to probe and understand an offering. Standardized approach covers key dimensions.

IMPROVED INTEGRATION OUTCOMES

Understanding people, process and technology deeply improves how integration can occur. Incorporate into planning earlier the best way to integrate.

OPTIMIZED INVESTMENT ROADMAP

A systematic approach with a team aware of your existing companies and R&D capability.  New acquisitions create synergies when combined with other offerings.

WE BRING VALUE BEYOND “DUE DILIGENCE”

 

BETTER DEALS FASTER

Specialist diligence teams know how to probe and understand an offering. Standardized approach covers key dimensions.

IMPROVED INTEGRATION OUTCOMES

Understanding people, process and technology deeply improves how integration can occur. Incorporate into planning earlier the best way to integrate.

OPTIMIZED INVESTMENT ROADMAP

A systematic approach with a team aware of your existing companies and R&D capability.  New acquisitions create synergies when combined with other offerings.

TIME CRITICAL DUE DILIGENCE

We experience it often – our clients have a certain amount of weeks or even days to “get it done” before a contractual milestone is reached.

Thought Source is ready for you to say “go”.

Pre Deal Intelligence

Before committing capital to a deal and a full diligence, make sure you know the options, evaluate contenders and have clarity about potential end states.

Potential Targets

  • Identify potential targets given a deal thesis.
  • Undertake competitive intelligence on companies in the market.
  • Brief initial analysis to see if potentials align.

Assessments

  • Conduct market assessment of historical and projected TAM for targets.
  • Pre-deal product assessment through deployment and use across target market readiness, quality, support, integration potential, high level architecture.
  • Go to market options.

PERCEPTIONS

  • Understand assessment of current goodwill and reputation.
  • Build a talent profile including skillsets, tenure, location with a corresponding risk analysis.

OUTCOMES

  • Plan a consolidation strategy to realize upside.
  • An actionable integration plan ensures systems and organizational structure is optimized for benefit realization.

See more information about our pre deal services

TECHNOLOGY / PRODUCT DIMENSIONS WE ASSESS

Gain comprehensive understanding of people, process and technology

SUITABILITY FOR TARGET MARKET

Ensure that the offering is relevant to its intended market, customer segment and competitive with other players.

SOFTWARE

Far more than ticking a box, we go deep under the covers to look at the software asset.  Code inspections, contributor analysis, quality, open source issues, licensing and more.

ARCHITECTURE & DESIGN

Is the product your are acquiring appropriately structured and suitably designed. 

Does it require rework? Is it difficult to maintain?

PERFORMANCE

So important!  A startup with a great version 1, but can it handle the scale of  current and expected future workloads?

We determine and scale issues and potential bottlenecks.

SECURITY

We assess the everchanging target of software security. With M&A this covers areas of data privacy, coding practices and 3rd party module use.

USER EXPERIENCE

Sometimes the best product can be let down with a poor UX.  We assess the current user experience and can provide a plan to turn your target’s solution something next level!

PRODUCT STRATEGY

Assessment of the product management function and associated roadmap for the target product.

We seperate the “vision” from the “reality” and give you clear picture of what’s real.

ENGINEERING PROCESS

Detailed assessment of the software development processes in place encompassing design, code, release, quality and updates.

We will also undertake a full assessment of product quality issues and how they are handled.

SUPPORT & PROFESSIONAL SERVICES

Determination of customer support process flow, we will also act as a “mystery buyer” and experience and assess first hand.

Professional services is a careful trade off between revenue potential and prevention of large scale market penetration, we can provide a sound assessment and go-forward plan based on required deal outcomes.

PEOPLE & ORGANIZATION

This area of assessment focusses on the “people asset” which we investigate tenure risk, organization structure, talents and opportunities

Based on your deal thesis we can also deliver a plan for team optimization, expansion or reduction, along with reporting line integration with a parent company post close.

CUSTOMERS

Many clients wish for us to undertake interviews with existing customers of a target. This can add reassurance of customer sentiment, future commitment to the target, buying signals and potential issues within the target organization that have caused negative customer perception.

Technical Operations

Many technical solutions we assess are delivered via a private or public cloud by the company who is being acquired.
It is important for an assessment be made regarding how the software (commonly as a SaaS solution) is managed, monitored and hosted.

We can also determine the ease of migration to other cloud hosting providers.

GO TO GREEN

Properly sizing post acquisition investment to remediate findings

DIMENSIONS RATED

Each dimension is rated red, orange or green. Materiality is gauged on a per deal context.

REMEDIATION ESTIMATED

An assessment of remediation required including task, effort, time and cost estimates.

VIABILITY ASSESSMENT

We determine investment and viability of issue remediation to guide deal team in potential re-negotiation or go/no-go decision.

GO TO GREEN

Properly sizing post acquisition investment to remediate findings

DIMENSIONS RATED

Each dimension is rated red, orange or green. Materiality is gauged on a per deal context.

REMEDIATION ESTIMATED

An assessment of remediation required including task, effort, time and cost estimates.

VIABILITY ASSESSMENT

We determine investment and viability of issue remediation to guide deal team in potential re-negotiation or go/no-go decision.

Post Close Integration

Helping you achieve your deal thesis by embedding with the target

TELL THE SUCCESS STORY

Messaging your acquisition internally and publicly. Let us handle your corporate and market communications.

INTEGRATION MANAGEMENT

Leave the process of leading and managing integration to us.

ORGANIZATION

Transform teams in order to match deal goals

REFINEMENT

Integrate systems, teams and reduce duplication

GO TO MARKET

We bring extensive expertise to help your acquisition transform their product’s pricing, packaging, messaging and digital collateral

Post Close Integration

Helping you achieve your deal thesis by embedding with the target

TELL THE SUCCESS STORY

Messaging your acquisition internally and publicly. Let us handle your corporate and market communications.

INTEGRATION MANAGEMENT

Leave the process of leading and managing integration to us.

ORGANIZATION

Transform teams in order to match deal goals

REFINEMENT

Integrate systems, teams and reduce duplication

GO TO MARKET

We bring extensive expertise to help your acquisition transform their product’s pricing, packaging, messaging and digital collateral

Beyond Pure Tech

Technology Due Diligence by Thought Source provides key input into all other deal work streams

WHY THOUGHT SOURCE?

Thought Source are expert in providing due diligence and M&A related advice and services.

BROAD EXPERIENCE

We work with some of the world’s top technology companies and private equity firms on deals of all sizes.  In 2019, amongst many other deals, we advised on two $2B+ acquisitions.

100% INDEPENDENT

We are separated from any potential contamination that acquiring staff can be exposed to.  We also provide unfettered independent information without exposure to any potential internal politics or agendas.

ENGAGEMENT VALUE

Our clients love the value they realize from a Thought Source engagement. We go above and beyond to identify costly deal risks early.

WE KNOW TECH AND BUSINESS

We pride ourselves on our unique ability to provide business and go-to-market advice whilst getting deep into the technology asset or service that is being acquired.

Contact us now, to discuss your due diligence requirements

WHY THOUGHT SOURCE?

Thought Source are expert in providing due diligence and M&A related advice and services.

BROAD EXPERIENCE

We work with some of the world’s top technology companies and private equity firms on deals of all sizes.  In 2019, amongst many other deals, we advised on two $2B+ acquisitions.

100% INDEPENDENT

We are separated from any potential contamination that acquiring staff can be exposed to.  We also provide unfettered independent information without exposure to any potential internal politics or agendas.

ENGAGEMENT VALUE

Our clients love the value they realize from a Thought Source engagement. We go above and beyond to identify costly deal risks early.

WE KNOW TECH AND BUSINESS

We pride ourselves on our unique ability to provide business and go-to-market advice whilst getting deep into the technology asset or service that is being acquired.

Contact us now, to discuss your due diligence requirements