Tease out ‘what you have to believe’ for
the investment to be successful
•
Prioritise and lay out roadmap for testing
assumptions
•
Test key findings with key opinion leaders,
regulators, stakeholders, and customers
•
Summarise learnings from all available data
and make recommendations
•
Get buy-in from stakeholders
Activities
•
Interview key members of management
•
Review company’s existing data
•
Discuss with investors
•
Review external and company papers
•
Conduct press and industry report research
•
Set up interviews
•
Interview Candesic experts, key opinion
leaders and regulators
•
Synthesize key reports
•
Summarise learnings and highlight potential
obstacles/ opportunities
•
Document evidence for our view
•
Suggest ways to mitigate deal breakers and/or
refine data
•
Discuss with management and investors
We also attend management presentations and other vendor meetings, review vendor documents and VDD, and
work with corporate finance advisors to help with assumptions in modeling.
Example
of Commercial Due Dilligence
