Hidden engineering costs
Technical debt and difficult-to-maintain code can turn a growth plan into a remediation programme.
Independent technology due diligence
Know the technical risks.
Before you acquire.
Independent technical due diligence for SaaS acquisitions and software investments.
Personally led by Andrey Shedko · Czech Republic
THE INVESTMENT LENS
What’s behind
the recurring revenue?
Technical evidenceInvestment clarity
INDEPENDENT BY DESIGNEvidence-led assessmentBusiness-focused reportingConfidential engagement
The investment perspective
A sound business can still carry hidden technology risk.
Recurring revenue tells one part of the story. The software behind it determines what comes next.
An acquisition may bring unexpected engineering costs, fragile infrastructure, or knowledge held by a single developer. An independent assessment helps you understand those exposures before they become your responsibility.
Use the findings to challenge assumptions, inform transaction discussions, and plan the first post-acquisition engineering priorities.
What could affect the investment?
Look beyond the codebase.
Limits to growth
Architecture and infrastructure constraints may require investment before the business can scale.
Operational exposure
Security weaknesses, unreliable deployments, and untested recovery can put continuity at risk.
Critical dependencies
Key people, third-party services, and software dependencies can create risks beyond your control.
Scope of the assessment
Technical depth. Commercial relevance.
A focused review of the systems, practices, and dependencies behind the business.
01Software architecture & source code
02Technical debt & maintainability
03Security posture & dependencies
04Cloud infrastructure & reliability
05Engineering practices & key-person risk
06Remediation priorities & engineering effort
Who I work with
For investors buying software businesses.
Independent technical perspective for the people responsible for the investment decision.
Private Equity & Growth Equity
Search Funds & acquisition entrepreneurs
SaaS holding companies & serial acquirers
M&A advisors & investment teams
A clear process
From initial questions to informed decisions.
Typically 10–15 business days, depending on scope and timely access to evidence.
01
Initial consultation
02
Scope & secure access
03
Technical assessment
04
Findings & risk analysis
05
Investor report & briefing
The deliverable
A report you can use in the investment conversation.
A structured technical due diligence report, followed by a direct briefing.
- Executive summary and prioritized risk register
- Evidence, business implications, and assessment limitations
- Remediation priorities and estimated engineering effort
- Clear separation of verified findings, potential risks, and assumptions
A genuine, publishable sample report is planned. No client report or case study is presented here.
Your independent advisor
Personally led. Directly accountable.
Andrey Shedko is a software engineer based in the Czech Republic, with publicly documented experience at Barclays, Broadcom, and EPAM Systems.
Your assessment is led by Andrey, with findings explained in terms of engineering consequences and investment decisions.
Meet Andrey Shedko →Before the next investment decision
Understand what you’re
really acquiring.
Start with a confidential conversation about your transaction.