Carrying out a due diligence for a strategic investor - confidential
Rabo Corporate Investments was looking to provide a growth loan to VanMoof to support their international expansions plans. They asked SparkOptimus to perform a due diligence to better understand the market developments & trends, the competition & value chain dynamics, the growth projections & associated risks, and the competitive edge of VanMoof.
â€śWe are very pleased with the insights, profoundness, and readability of the report, as well as the way of working of the SparkOptimus team.â€ť
Bastiaan van Slobbe
Director Rabo Corporate Investments
â€śI am really surprised by the way SparkOptimus drew the whole picture (covering market, competition and internal capabilities), highlighted key attention points, and provided practical advice on how to address them.â€ť
SparkOptimus assessed VanMoof through 3 lenses: proposition & market, organization, and technology. We analyzed the key market trends and VanMoofâ€™s position in each of them, evaluated VanMoof on 5 drivers of competitive advantage and on the threats in the value chain. Based on that, we challenged the top-line growth projections and their sustainability given the VanMoofâ€™s organization and technology capabilities. The result was discussed with both the Rabo Corporate Investments as well as with the management team of VanMoof.
Based on this due diligence SparkOptimus created a comprehensive overview and a critical perspective in the company short-term and long-term ambition plans as well as in the downside risks. This due diligence provided key insights for our client to decide to issue the loan to VanMoof of â‚¬12.5 million.