Our Approach

A cross-vertical team performed due diligence to assess the technology, product management, support tools, HIPAA compliance, and long-term value creation potential. 

• Functionality: Did the platform have bugs or issues that would hinder its growth potential? Our client needed to determine if the platform capabilities were functioning as intended. 
• HIPAA Compliance: The platform dealt with personal health information (PHI), so it was essential that PIP ascertain whether the platform complied with HIPAA regulations. 

• Maintainability: To move forward with the acquisition, our client needed to understand whether support and maintenance were robust — and what processes were needed to maintain functionality. 

• Scalability: Key to tech-enabled value creation is scalability. As a proprietary PaaS software, the team needed to determine whether the platform could scale for potentially new features, add-on acquisitions, and larger markets. 

• Growth Potential: In the end, our client needed to understand how the technology could support a value creation model, from both a technological and organizational perspective.

PIP conducted a rapid on-site and thorough deep dive of the portfolio company and its software, delivering an actionable due diligence report to our client. 

• On-Site Visit: The PIP team traveled to the portfolio company headquarters, where a tour and review of the facilities revealed strong security and organizational processes. 

• Face-to-Face Interviews: By performing one-on-one and group interviews, the PIP team developed an understanding of the product offering and the underlying technology. 

• Product Management Review: A walk-through of the product management and development organizations uncovered strong people, process, and technology resources. 

• Support & Maintenance Assessment: Planning and development process reviews by the PIP team also highlighted strategically-deployed supporting tools to enable agile development. 

• HIPAA Review: Our teams reviewed HIPAA compliance and discovered a robust framework, ensuring a low-risk asset to our Private Equity client.