What is a Sell-Side Tech Assessment?
Sell-Side Tech Assessment is very similar in scope to Buy-Side Technical Diligence – it is just performed proactively on behalf of the seller. This technical assessment is an effective way to ensure that the company is ready for the technical diligence process that will come as part of the transaction. Understanding the areas you need to improve is an invaluable tool that allows you to, ideally, identify and remediate any issues ahead of a transaction but minimally to have a clear plan in place for remediation. If the acquirer/investor sees that you are aware of the problem and have a plan in place to fix it, that is far better than them uncovering issues that you were not aware of.
TechCXO Tech Diligence Service Packages
TechCXO provides specialized Tech Assessment services to ensure that companies are thoroughly prepared for any potential sale, investment, or growth opportunities. This assessment is focused on allowing sellers to proactively identify and address any technology and security risks within their business. By conducting a comprehensive evaluation, the seller can develop a clear remediation plan for any issues uncovered, thereby being better prepared for a potential transaction or future growth. The assessment is beneficial not only in the context of a transaction but also as a standalone process for companies seeking to confirm the robustness of their technology and security posture so they are prepared for upcoming growth and scale.
The Tech Assessment can include various components adapted to the company’s specific needs and the context in which it operates. TechCXO’s approach ranges from high-level overviews to detailed evaluations of each component, ensuring a customizable and thorough assessment. This ultimately provides the company with a clear picture of its technology and security risks and a strategic plan for improvement, equipping it with the necessary insights to confidently engage in transactions or pursue growth initiatives.
Is the product complete? Is the roadmap clear, and are the product development processes sound? Does the go-to-market strategy make sense?
What to Expect
For detailed processes and guidelines, including valuable downloadable content, graphics, and videos, please visit our Tech Due Diligence page. There, you’ll find essential resources like our Tech Diligence Prep checklist, designed to provide you with comprehensive insights into how effective assessments are conducted.
Expertise
A partner with deep expertise in technology leadership working with early to mid-stage companies. Our Partners have been involved in many transactions, both from the sell-side and buy-side, and we understand what is important in these deals. We also have a strong bench of subject matter experts in architecture, security, AI, data, and development methodology.
Speed & Capacity
A provider who has the capacity to take on new projects with minimal notice, be able to get started within days, and deliver within 2-3 weeks for most situations. In addition, you should be able to bring multiple deals to the table concurrently and expect that they can be effectively worked in parallel.
Minimal “Deal Fatigue”
A partner with the perspective and wisdom to understand what is truly needed and how to get that without putting unnecessary stress on the company being evaluated. This process should be approached from a business perspective and not just about uncovering every possible technical issue that exists just to show that they can.
Actionable Findings
An actionable report is essential. What are the things that truly impact the business and potentially the transaction, presented in a clear, easy-to-understand manner? Also, each issue raised should be accompanied by a practical recommendation on how to remediate it.
A partner with deep expertise in technology leadership working with early to mid-stage companies. Our Partners have been involved in many transactions, both from the sell-side and buy-side, and we understand what is important in these deals. We also have a strong bench of subject matter experts in architecture, security, AI, data, and development methodology.
Ongoing Fractional Support
Identifying the risks is important; however, ongoing fractional support to help you do something about those risks is a major differentiator. You should expect that all the effort that went into identifying the important issues was not wasted and that those same resources can leverage what they learned during the assessment to step in to remediate those issues efficiently.
Impact
Critical Risks Identified Pre-close
On the sell-side, identify and get a plan in place for all the key product & technology risks in the business. On the buy-side, de-risk the deal by surfacing deal-impacting product & technology risks before the close.
Technology Roadmap Foundation Created
The findings and recommendations from the product & technology assessments performed become the foundation of a solid technology roadmap.
Smoother Post-close Integration & Execution
The assessment results coupled with fractional technology leadership allow for a seamless transition from assessment to remediation.
Our Team
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Questions?
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