PSE has conducted over 20 Due Diligence assignments for strategic buyers and private equity investors. Over the past 10 years, we have participated in several high value M&A opportunities with clients bidding for very large take-over targets. As a result, PSE understands the M&A process and methodology in detail. We are highly responsive, impartial, and able to work closely and flexibly with investor client teams. Due Diligence skills include commercial IM reviews, technical/operational assessments, risk assessment and financial business case modelling.
Case Studies
Project: Market Pay carve out
Objective
PSE was engaged by a Private Equity firm to conduct due diligence for its potential purchase of a fintech being carved out from a major European retailer. PSE’s task was to evaluate and report on the target’s technical, operational, strategic and commercial processes.
Approach
Based on its expertise, intense discussions with the target’s management team and review of technical and commercial documentation PSE produced six reports within a tight deadline:
- SWOT analysis, competitor assessment and reviews of technology architecture, operation services and commercial model
- Detailed analysis of the operational model and back-office processes
- Detailed analysis of EU T3/T4 SME opportunities, routes to market and the target’s business case
- Evaluation of target’s technical, operational, and back-office IT processes and identification of areas for automation change and improvement
- Assessment of a gateway provider as a potential partner for the target, or alternatively as an acquisition target in its own right
- Review of operational and technological development, examination of capacity to expand and deliver new services, and assessment of business continuity plans and capabilities
Result
Following delivery of due diligence reports by PSE, the PE firm was satisfied of the soundness of its investment plans. The acquisition, worth €300 million, was announced one month after PSE delivered its final report.
