BIP Fund (SCA), SICAR is a Luxembourg based investor focused on investments in mid-market businesses in Benelux, DACH and France.
BIP was considering investing in a digital platform company, Mercateo. To assess its valuation and maximize future profitability, BIP needed a holistic view of Mercateo’s technology capabilities, particularly its B2B e-commerce technology that was set to evolve into a sophisticated multi-sided digital platform.
As part of due diligence, BIP asked us to review Mercateo’s organization and technology stack, with a focus on the scalability and technological capabilities of its platform. First, we aligned with BIP’s investment thesis by adjusting our diligence framework to fit BIP’s needs. We analyzed data and held interviews to enrich our assessment. Finally, we presented a report covering all relevant digital domains, providing strategic support for BIP’s investment decision.
In three weeks, we delivered a comprehensive technology due diligence report on the largest B2B platform in Europe. We confirmed Mercateo’s technological vision and capability, established its fit with BIP’s investment goals, and made recommendations, helping BIP make a competitive bid and successfully invest.