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Technical due diligence is the easy part. The value is in what comes after.

We work across the full deal lifecycle — from technology risk assessment before signing to engineering execution, team augmentation, and strategic technology leadership through the hold period. One senior team, no handoffs, no context lost.

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48 hrs

Time to scoped engagement from first conversation

90%

Placement success rate — any stack, any timeline

4+ years

Our longest continuous engagement — from Tech DD through the full hold period

Most technical diligence ends at signing. That is exactly when the real work begins.

The PE industry has professionalised commercial, financial, and legal diligence. Technical diligence has not kept pace. Reports are typically optimised for the investment committee, staffed with teams who disappear at close, and disconnected from the commercial thesis they are supposed to support. The gap between a diligence finding and a resolved problem is where value is created or destroyed. Most of it is destroyed by default.

The standard approach

A checklist-driven report written for the IC, not the operator. A diligence team that walks away at close. Post-close execution rebid from scratch — new vendors, new ramp-up, context lost. Technology risks identified in diligence quietly slip down the priority list. The workstream is front-loaded exactly when it should be back-loaded.

The Devspace approach

Diligence scoped from the thesis, written for the operator on day one. The same senior team carries findings into post-close execution. No rebid. No ramp-up. No context lost between phases. A live risk register that maps to the value-creation plan, tracked through the hold. The technology workstream treated as the first stage of value creation, not the last stage of deal protection.

We work across the full deal lifecycle. Most firms only cover the first half.

Here is what the technology workstream looks like when it is done properly — from the first diligence question to the last year of the hold period.

Pre-close — Technical DD

Senior-only assessment scoped from the thesis, not a checklist. Architecture, team, debt, security, IP, AI claims, integration risk. Deliverable: a risk register mapped to the commercial case and a first-hundred-days plan — written for the operator, not the IC. Sharper pricing, fewer surprises at close, a plan that survives day one.

Close — Handover & continuity

The same team that assessed the target stays involved. No rebid, no new vendor selection, no ramp-up period. Tacit knowledge from diligence — the things that were not in the report — carries forward into execution. Months of rediscovery time eliminated. Value creation starts immediately.

First 100 days — Stabilisation

Every acquired business has something that was tolerable at the previous scale and will not be tolerable at the next. We identify and resolve the stabilisation workstream: deployment processes, fragile integrations, missing monitoring, compliance gaps. A platform that can absorb growth without fighting fires.

Hold period — Team augmentation

Senior engineers embedded in the portfolio company team — your stack, your tools, your process. We scale capacity up or down as the value-creation plan demands. 90% placement rate. Median time to first standup: 9 days. Engineering capacity that moves at the pace of the thesis.

Hold period — Fractional CTO

Where the portfolio company lacks senior technology leadership, we provide a Fractional CTO: a senior technology executive embedded part-time as part of the leadership team. Strategic continuity without the risk and cost of a permanent hire at the wrong moment. Tech leadership aligned to the hold period, not a permanent headcount decision.

Hold period — Platform & AI

Platform modernisation, technical debt repayment, applied AI — the workstreams where the real upside is won or lost. We staff and lead these with senior engineers who understand both the engineering and the commercial model. Not the cheapest option. The one that compounds. EBITDA improvement, valuation multiple expansion, exit-readiness.

Five steps from first conversation to a signed engagement.

We move at deal speed. Most diligence engagements are scoped and started within 48 hours of first contact.

We start by understanding your commercial thesis and what the technology workstream needs to prove or disprove in support of it. Not a checklist conversation. A structured 30-minute call to agree on what good diligence looks like for this specific deal. Most engagements are scoped and started within 48 hours of this call.

48 hrs

From first conversation to a signed diligence scope

90%

9 in 10 engineering requests fulfilled — any stack, any timeline

4+ years

Our longest continuous engagement — from Tech DD through the full hold period, still running

Three engagements. Three different entry points. One continuous relationship.

What we have delivered

Tech DD → Full-cycle partnership — Hippo Manager (US, PE-backed veterinary SaaS)

Initial technical due diligence engagement that transitioned directly into an ongoing senior engineering partnership. No vendor reselection, no ramp-up. Scope expanded from stabilisation into platform development and integrations. Sustained delivery velocity through high-growth phase, 2022–ongoing.

Pre-exit technical review — US vertical SaaS platform (name withheld)

Pre-exit review of cloud environment and application framework for a founder-held SaaS company preparing for a sale process. Performance, scalability, and cost optimisation executed ahead of the transaction. Platform subsequently acquired by a mid-market PE-backed strategic buyer. Materially influenced valuation range and accelerated the sale process.

Cross-border technical DD — European healthcare PE firm (~€8B AUM)

Technical assessment across multiple acquisition targets in a new clinical vertical and geography. Diligence question: which platform is most likely to scale across multiple geographies, and what would it cost to bring the others up to that bar. Required technical depth, domain fluency, and cross-regulatory comfort. Clear platform selection recommendation ahead of acquisition decision.

Technology risk is cheaper to understand before signing than after.

Whether you are in active diligence, evaluating a platform pre-exit, or managing a post-close workstream — we scope engagements at deal speed. Most start within 48 hours.

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Senior. Continuous. Thesis-driven. And fast enough for a live deal process.

What sets us apart

Senior-only — commercial judgement, not a checklist

Every diligence engagement is led and executed by senior engineers and technology executives — people who have built, scaled, or acquired comparable businesses. We do not deploy junior staff against a template and present the output as diligence. Commercial judgement about whether an architectural choice is a dealbreaker or a rounding error cannot be delegated.

Continuity — the single most underused lever in PE tech

The people who spend three weeks understanding a target's architecture, team, and risks are the best-positioned people to lead execution after close. We preserve that continuity by design. The tacit knowledge that never makes it into the report — the judgement calls, the context, the relationships — stays in the engagement rather than evaporating at signing.

Deal-speed execution — scoped in 48 hours

We scope and start diligence engagements within 48 hours of first contact. For compressed processes we can run a full technical assessment in ten days without reducing the seniority of the people doing it. We have 427 senior engineers across 8 EU countries — if the diligence leads to a post-close team augmentation need, we move at the same speed.

European network — quality, ethics, predictability

Our engineers operate under EU professional and data norms, share timezone overlap with Scandinavian and US East Coast clients, and bring working standards that match the expectations of PE-backed businesses. No offshore compromise. No compliance exposure introduced by the people you bring in to reduce compliance exposure.

Tell us what you need. We'll find the right engineers.

Whether you need senior developers embedded in your team, a Fractional CTO, or a technology assessment before a deal — most engagements start within 2–4 weeks.

Or email us directly at post@devspace.no to get a free consultation.

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