Due Dilligence

Walvis Participaties is a venture capitalist that invests in Dutch internet technology companies. Walvis Fund III focusses on companies in (early) growth stages and with global ambitions. They received a funding request for a minority equity stake in a Dutch online platform that wants to expand their proposition globally. Walvis asked SparkOptimus to conduct a commercial due diligence to evaluate this proposition.

SparkOptimus conducted in-depth interviews with the Dutch CEO to validate all aspects of the global proposition. We also interviewed employees in key positions to understand the current operations, the ambition for expansion, and the roll-out plans. Furthermore, we reviewed internal documentation on, e.g., financial model, organizational structure, and sales strategy. We conducted an outside-in evaluation with specific focus on several key concerns, such as a business case sensitivity analysis.