Engagement — Add-on Due Diligence
Code & Co. delivers Tech and Product Due Diligence to both Riverside Company and Montel Group in preparation for Montel's investment in Energy Brainpool, a leading provider of simulation software, data models, and consulting services within the European energy sector.
Code & Co. delivers comprehensive Tech & Product due diligence services to the Riverside Company, a global private equity investor focused on the smaller end of the middle market, and Montel Group ahead of Montel’s acquisition of Energy Brainpool.
Scope of Work
Code & Co. provided Tech & Product Due Diligence to the Riverside Company and Montel.
This process encompassed an assessment of Energy Brainpool's product and services portfolio, including its flagship product, the market-leading simulation software Power2Sim. The assessment comprised an evaluation of its architecture, software design, and technology stack. Code & Co. further assessed the company’s engineering processes, future technology and product roadmap plans, product operations, covering customer integration, onboarding and training, support, and R&D organization.
About Energy Brainpool
Founded in Berlin in 2003, Energy Brainpool provides data analysis, advisory and training services with a focus on long-term forecasting using its own proprietary model. The company has a leading position in the DACH market and a presence in 13 other European countries, serving clients including traders, utilities, banks, investors, industrial companies and public sector organizations.
Montel is a leading provider of energy market information and services, delivering real-time news, data, analytics and consultancy to clients across the global energy sector. With a history of delivering market transparency for more than 30 years, Montel empowers its clients with the knowledge and tools necessary to make informed decisions in the energy market.
The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm's international private equity and structured capital portfolios include more than 130 companies. Riverside Europe is an integral part of the firm’s broad global network and has invested in Europe since 1989. Riverside believes a truly global presence provides exceptional insight into local conditions, culture and business practices, making team members better investors and business partners.