One of the critical factors which needs to be evaluated in any technical due diligence is the concept of Technology Debt. This report provides insights into technology debt from the perspective of an enterprise CTO turned due diligence professional. These lessons can help companies preparing for a future transaction to better position themselves for optimal outcomes. These lessons can also assist private equity and other investors in thinking through aspects of technology risk and identify areas requiring additional focus prior to a transaction.
Max de Groen is a managing director at Bain Capital Private Equity (one of the world’s leading PE firms with over $130 billion of assets under management), where he focuses on investments in infrastructure, cybersecurity, and application software as well as internet and digital media. This means is is well positioned to help us understand more about the future of technology enabled businesses.
Kevin DeSanto is an investment banker delivering advice and execution assistance to high growth businesses preparing for M&A and financial transactions. His company, KippsDeSanto, has developed a reputation for trusted execution support for companies in government contracting, aerospace, defense and cybersecurity. He leads teams that advise senior management, boards of directors and shareholders.
The art and science of this type of investment banking can only be perfected by experience and Kevin has just that. In this OODAcast we tapped into his experience to bring out lessons relevant to any CEO seeking to build future value and prepare for future events. This includes getting Kevin’s insights into the best way to prepare for due diligence assessments.
Andrew (Andy) Lustig is a partner at the high tech law firm Cooley, where he focuses on private equity investments, mergers and acquisitions and the general corporate representation of high-growth technology companies in both the commercial and government marketplace. His practice includes a wide range of industry sectors including information technology, national security, cybersecurity, data analytics, software and telecommunications. He also represents a number of leading venture capital and private equity firms.
Bill Crowell is a senior executive with extensive experience in government (rose to the level of Deputy Director of the National Security Agency) and in industry. He has been a CEO of leading companies like Cylink, taking them through growth to acquisition. He has been a director of multiple public and private companies with a track record of steering firms to profitability and successful exits. He continues to serve on corporate boards while also helping steer successful operations at one of the most famed Venture Capital firms in the nation, Alsop-Louie.
Bill has been a boss, mentor, friend and advisor to both Bob Gourley and Matt Devost through the years, and has long been a valuable member of our OODA Network.