17 June 2021
Sector: Private equity / M&A
Focus: Consulting
Situation
Revenue looked fine on paper, but engineering velocity and quality were hard to read from the outside. Security and compliance were asserted in slides more often than they were evidenced in practice.
What we focused on
- Architecture review: Where debt blocks scale vs where it is normal wear.
- Team & process: Bus factor, release discipline, on-call reality.
- Risk register: Prioritised with cost bands, not a laundry list of fears.
Outcome
Clearer bid assumptions and integration plan, fewer post-close surprises on timeline and capex.