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Technical due diligence · Cross-border M&A

Know exactly what you are buying in Latin America

Independent, technical due diligence (TDD) and M&A transaction leadership for international acquirers of technology and services companies in the region.

Buy-side and sell-side · Carve-outs · Post-merger integration · One transaction at a time.
Technology & SaaS Financial services Health US · UK · Europe buyers LATAM targets (Spanish speakers)
The essentials

What technical due diligence delivers in an acquisition

Technical due diligence, sometimes called IT due diligence or TDD, is the independent review of a target company's technology during a merger or acquisition. It tells the buyer what they are acquiring, what it will cost to run and integrate, and where the risks sit, before the deal is signed.

The work spans the full transaction: buy-side diligence for acquirers, vendor (sell-side) due diligence for owners preparing to sell, carve-out assessment when a business is separated from a parent, and post-merger integration (PMI) once the deal closes.

Who this is for

Built for the cross-border acquirer

The ideal fit is an international company acquiring or investing in a startup, small or mid-size company in Latin America: strategic buyers, private equity funds, family offices and corporate development teams, where distance, language, local practices, laws and regulations, make the technical picture harder to read from the outside.

You are acquiring across borders

You have the commercial and financial view of the target, and you need the same confidence on the technology, from an advisor who works in the region and reports directly to you.

The target is a small or mid-size company

Founder-led technology, lean teams and informal documentation are common at this size. The review is calibrated for that reality and focuses on what actually moves the value and the risk of the deal.

The engagement

Transaction leadership, with a verdict you can act on

I lead the technical workstream of the transaction end to end: I work the data room, coordinate with your deal team and the target's management, run the diligence, and deliver a written assessment for the decision-maker: what you are buying, what it will take to integrate it, and where the risks sit. Carve-out separation planning, transitional service agreements (TSA) and post-merger integration follow the same shape when you need them.

What the review covers

The technical due diligence, front to back

01

Architecture & scalability

How the platform is built, whether it holds up as volume grows, and the cost of scaling it.

02

Security & data protection

Security posture, data protection, access controls and exposure to regulatory obligations (NIST Framework).

03

Technical debt

The shortcuts carried in the codebase and infrastructure, and what they will cost to resolve.

04

Team & key people

Who holds the critical knowledge, retention risk, and dependence on individuals or founders.

05

Product roadmap

Whether the roadmap is credible and funded, and how it aligns with your thesis for the deal.

06

Vendor contracts & lock-in

Change-of-control clauses, renewals that fall right after closing, and single-vendor dependence.

07

Cloud & infrastructure cost

Real consumption against contracted capacity, and the run-rate you inherit on day one.

08

Intellectual property

Ownership of the code and IP, use of open source, and any claims that could follow the asset.

09

Compliance & regulation

Sector obligations that apply after the acquisition, with the local regulatory reading.

Industries

Where the experience runs deep

Technology & SaaS

Product companies and platforms, with attention to architecture, unit economics and the cost of scale.

Financial services

Banking, lending, insurance and fintech, where regulatory obligations shape the technical review.

Health

Providers and health technology, with data protection and continuity as central concerns.

Coverage

International buyers, Latin American targets

Engagements serve acquirers headquartered in North America and Europe, evaluating targets across Latin America. Work is conducted in English and Spanish, bridging the gap between your deal team and a local management team.

United States United Kingdom France Germany Canada Targets across Latin America
Engagement & pricing

Flexible, and sized to the deal

Full transaction window
Fixed monthly retainer
Scope and fee agreed up front
  • A defined retainer covers the whole diligence and the transaction lead, with no hourly counting.
  • Short, targeted reviews are also available by the hour, from USD 150.
  • Effective rate decreases with the size and duration of the engagement.
  • One transaction at a time, so your deal has full attention.

How we structure it

A full diligence and transaction lead runs across several weeks at roughly 15 to 20 hours a week. That is a monthly retainer, agreed against a written scope, so the fee is predictable and the clock never becomes the conversation. Short red-flag assessments still work best by the hour.

The fastest way to a number is a short call: describe the target and the timeline, and you will have a proposal.

Frequently asked

Technical due diligence, in plain terms

What is technical due diligence (TDD) in an M&A transaction?

Technical due diligence is the independent review of a target company's technology during a merger or acquisition. It assesses the architecture, security, technical debt, team, product roadmap, vendor contracts and infrastructure cost, so the buyer understands what they are acquiring and where the risks sit before signing.

What does a technical due diligence review cover?

A buy-side TDD covers architecture and scalability, security and data protection, technical debt, key people and retention risk, product roadmap, vendor contracts and change-of-control clauses, cloud and infrastructure cost, intellectual property ownership, and sector compliance. The result is a written red-flag and risk assessment for the decision-maker.

Do you support carve-outs and post-merger integration?

Yes. Beyond the diligence itself, the engagement covers carve-out assessment, separating the target's technology from a parent and defining transitional service agreements (TSA), and post-merger integration (PMI) planning after the deal closes.

Who is this service for?

International buyers acquiring or investing in a small or mid-size company in Latin America: strategic acquirers, private equity funds, family offices and corporate development teams based in the United States, the United Kingdom and Europe.

Which regions do you serve?

Acquirers based in the United States, the United Kingdom, France and the rest of Europe, acquiring targets located in Latin America. Work is conducted in English and Spanish.

How much does technical due diligence cost?

A full transaction window is priced as a fixed monthly retainer against a written scope, typically 15 to 20 hours a week across several weeks. Focused reviews start at USD 150 per hour. The effective rate decreases with the size and duration of the engagement, and scope and fees are agreed in writing before the work begins.

Who leads the work

Walter Serrano

Technology leader with deep experience across banking and financial services, insurance and health in Latin America. I have led technology strategy and delivery inside complex, regulated organizations, and I bring that operator's view to the buyer's side of a transaction.

The work is independent: no resale, no vendor commissions, no product to place. The only interest served is a clear and honest read of what you are acquiring.

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Before you sign, know what is under the hood

Book a short intro call to walk through the target and the timeline. You will leave with a clear view of scope and next steps.