Private equity: keep the technology work tied to the value case
Know which technology assumptions the deal can carry, then give the work behind them an owner.
Heremba provides private equity technology advisory from pre-LOI assessment through the hold and exit. We connect the investment thesis to the estate being acquired, the cost of changing it and the work required to support the operating plan.
Evidence of delivery
$30M programme, 9 months, delivered $500K under budget.
Transatlantic Packaging company
18 end-of-life systems, 37+ sites, $2.4M+ of spend governed.
Before signing: expose the assumptions that move the model
Establish the cost of the intended end state
The current run rate is one input. The deal also needs a view of separation, integration and remediation requirements. Technology Due Diligence tests those requirements against the perimeter and destination estate. A Rapid Read can identify the questions that need attention before an LOI.
Test the data-dependent part of the thesis
If the model depends on consolidated reporting, cross-sell or data-led growth, the selected datasets need to support that use. Data Readiness & Assurance assesses condition and readiness, translating findings into integration cost, timing and risk. Buyer-side findings are provided under counsel-agreed clean-team arrangements.
Through completion: make the delivery obligation explicit
A carve-out needs an operating position at Day 1 and a route out of seller services. Carve-Out & Separation connects those requirements to the standalone estate. Where readiness is uncertain or the programme needs late intervention, Day-1 Readiness & Rescue establishes the technology position and the decisions required before completion.
The deal partner needs the implications of outstanding issues. The operating partner needs the work that follows. Those requirements should remain connected as the transaction moves into ownership.
Through the hold: govern the work behind the benefit
Post-Merger & Bolt-On Integration connects the acquisition programme to the synergy plan and a repeatable approach for subsequent targets. IT Value Creation & Estate Remediation addresses the portfolio company’s wider cost and estate position.
The hold-period plan needs to distinguish spend governed, work completed and benefits realised. Heremba owns the agreed technology workstream and its delivery evidence. Financial benefit recognition remains with the client. Programme size alone does not establish an EBITDA improvement.
At exit: substantiate the technology position
Technology exit readiness concerns what the seller can demonstrate about the estate, its costs and remaining requirements. Remediation evidence and an independent vendor data report address different parts of that position. They help make the technology story examinable without treating a planned change as a delivered result.
Questions about the assignment
Can you work across the deal and operating partner remit?
Yes. The assignment can connect pre-signing technology findings to the delivery requirements of the hold-period plan. We establish the work Heremba owns and the decisions required from the client. Evidence gaps, cost assumptions and dependencies remain visible as the deal moves from assessment into ownership.
Can you assess an existing portfolio company?
Yes. IT Value Creation & Estate Remediation can address a portfolio company’s cost and estate position during the hold. The scope follows the operating requirements and the changes being considered. We distinguish the baseline, implementation work and evidence needed before a proposed benefit can be recognised.
How does the work support a buy-and-build strategy?
Integration work can produce a repeatable playbook for subsequent bolt-ons. It records scope questions, destination decisions and dependencies that can be reused, while identifying where a new target requires a different approach. This provides a basis for assessing the technology work behind each acquisition rather than assuming identical requirements.
What can you contribute to exit preparation?
We can address estate remediation and prepare evidence of the technology position within the agreed scope. A separate vendor data report assesses selected datasets and their readiness. These outputs support buyer scrutiny; they do not guarantee an exit valuation, and unresolved requirements remain visible in the evidence.
Scope the assignment around the investment decision
Start with the investment thesis, the target or portfolio estate and the date that matters. We agree the technology work, outputs and dependencies with the deal and operating functions, alongside internal IT and the other advisers.
Our M&A Technology Framework shows where each assignment sits. Our methodology structures the evidence and the work that follows it. Heremba supplies technology assessment and delivery; investment decisions and regulated financial, legal and tax advice remain with the relevant decision-makers and advisers.