Technology Due Diligence
Our Tech DD services follow a six-pillar approach to deliver a comprehensive assessment of the company’s technological landscape
- Product Portfolio and Roadmap
- Tech Infrastructure and architecture
- Development stack and Engineering practices
- Organisation and People
- Security and compliance
- Customer Success practices
Shiker Tech DD service offers an insightful, fixed-price approach, making us an integrated part of your team to collaboratively support the buy decision
Tech DD Overview
An area that must to understood clearly when acquiring a tech company is the tech debt a company may have, as it may take years to overcome it. Using our experience over the years of Product management, Technology, Commercials and business processes, we have created a Tech Due Diligence framework.
Our approach goes right to the details (where the devil is!) and combine a ground up and top-down approach
Packages & Cost
Package X
£15-20K
Simple product and tech stack
1-2 expert sessions
2-3 stakeholders. Single subsidiary
4-5 weeks elapsed time
Package Y
£25-40K
Multiple products (5-10) with varied tech stack
2-3 expert sessions
3-10 stakeholders.
8-10 weeks elapsed time
Package Z
Customised
Multiple products (>10) with varied end customer profiles and technology set ups
>3 expert sessions
>10 stakeholders
4-5 weeks elapsed time
Typical Timelines
Example based on Package X above.
Week 1
Use best practice template to collect information.
Demo sessions
Week 2
Interviews with IT & product management.
Q&A session with company IT experts.
Collection of suplementary documentation identified during meetings.
Week 3
Synthesising information from meetings & collected materials.
Preparation of the report, clarification of outstanding items.
Week 4
Buffer Presentation of the final report*.
TECH DD
Approach & Methodology
At Shiker, our methodology for Tech Due diligence is based on 5+1 pillars.
1. Product Portfolio & Roadmap
This pillar assesses the product portfolio, roadmap, and development plans for alignment with company goals and market needs.
2. Technology Infrastructure & Architecture
Here we address technical infrastructure and architecture, assessing scalability, reliability, tech debt, and performance to ensure business needs are met.
3. Development and Engineering Practices
This pillar examines development and engineering practices, including product design, code review, languages, testing, and quality control, to ensure effective, high-quality delivery
4. Organisation & People
Here we focus on organization and people, assessing structure, leadership, culture, and talent to ensure team stability and support across areas
5. Security & Compliance
This pillar probes the company’s security and compliance practices, including cybersecurity measures, data privacy policies, and regulatory compliance.
6. Customer Success Practices
While not strictly technical this pillar has been added due to strong dependencies and its key importance to success of every technology company – particularly the company providing cloud services.
Our expertise in SaaS businesses stems from both buy-side due diligence and hands-on operational experience in managing and consulting for similar companies. This unique perspective enables us to provide thorough analysis and actionable insights.
Case Study
Overview:
Trade Interchange, a SaaS provider for supplier management, was acquired by Everfield to bolster its B2B software portfolio. Shiker Consulting provided critical Tech Due Diligence, leveraging its expertise in SaaS acquisitions. Our 6-pillar framework evaluated Trade Interchange’s technology, ensuring alignment with Everfield’s growth strategy. Shiker’s team, identified risks and opportunities, enabling a seamless acquisition process. This partnership supports Everfield’s strategy of scaling acquired businesses, while Trade Interchange gains resources to double in size, enhancing its global reach and services.
Working
10 Working Days
Elapsed Time
5 Weeks
Team Members
3 part-time
Net Result
Acquisition of Trade interchange by Everfield
Everfield Acquires Trade Interchange
Read our interview on lawyermonthly, September 2024
