Asset & Transaction Advisory
Independent engineering judgment before capital is committed.
Technical due diligence, asset condition, remaining life, lifecycle CAPEX and investment risk for infrastructure investors, private equity, hedge and special situations funds, banks, private credit, project finance lenders and strategic acquirers. We test the technical assumptions the model depends on against the physical asset.
- UEI
- ZR3PJZEA7A21
- CAGE
- 174X8
- Independence
- Findings challenged before release
- Deployment
- Remote response within 24 hours
Decision supported
Whether to buy, lend, price differently, or walk away.
Retained by
- Infrastructure investors
- Private equity
- Hedge and special situations funds
- Banks and project finance lenders
- Private credit
- Strategic acquirers
Questions we are asked
- What condition is the asset actually in?
- What capital is not in the model?
- Are the availability and performance assumptions credible?
- Which technical risks change price, structure or covenant?
Scope of Work
What the engagement covers.
Buy-side technical due diligence
A structured technical read of the asset a buyer is acquiring, delivered on transaction timelines and written for an investment committee.
- Equipment condition and operability established by inspection, not by data room assertion
- Maintenance history, deferred work and the true condition it conceals
- Performance, output, efficiency and availability assumptions tested against operating data
- Technical issues that materially affect price, structure, reserves or the thesis
Lender technical review and independent engineer scope
Independent validation of technical assumptions supporting credit decisions, drawdowns and ongoing monitoring.
- Independent validation of sponsor technical assumptions
- Asset condition and lifecycle CAPEX supporting the credit case
- Downside technical scenarios and their effect on availability and revenue
- Construction, completion and performance test review where relevant
CAPEX and lifecycle validation
A defensible view of the capital the asset will actually require over the hold period.
- Line-by-line challenge of the capital plan against physical condition
- Obsolescence, spares availability and long-lead equipment exposure
- Regulatory, code and compliance driven capital
- Timing and outage constraints that shift cost between periods
Remaining life and reliability
Which components constrain useful life, and what that means for availability and revenue.
- Life-limiting components and the mechanisms that govern them
- Reliability and availability history read against design intent
- Condition monitoring quality and what it is not detecting
- Interventions required to reach the assumed operating horizon
Deferred maintenance and investment assumption validation
The gap between the operating record and the condition an investor is being asked to underwrite.
- Quantified deferred maintenance backlog
- Assumption-by-assumption validation of the technical inputs to the model
- Integration and post-close technical priorities
- Findings framed as value, risk and required conditions
Work Product
What you receive.
Written to be used by technical, commercial and legal readers without translation.
- 01Investment committee technical report
- 02Red flag summary within the diligence window
- 03Quantified CAPEX and remaining life schedule
- 04Independent engineer report for lenders
- 05Technical conditions precedent and post-close action list
Method
How the work is sequenced.
Data room and assumption review
Site assessment and equipment inspection
Technical analysis and testing
CAPEX and risk validation
Investment conclusions
Engineering Governance
How independence is protected.
Institutional clients rely on the process behind the opinion as much as the opinion itself.
Independence
We are retained for an engineering answer, not a predetermined conclusion. Findings are stated with their limitations.
Conflicts screening
Every prospective engagement is screened against parties, assets and prior involvement before scope is accepted.
Confidentiality
Transaction and claims material is handled under confidentiality, with controlled access and clean-team arrangements where required.
Evidence handling
Physical evidence is documented, secured and tracked with chain of custody suitable for adversarial review.
Peer review
Conclusions are challenged by a specialist outside the primary discipline before release.
Professional liability
The firm carries professional liability cover and works to recognized engineering standards of care.
Related Capability
Adjacent work we are retained for.
Discuss a transaction in confidence.
Initial conversations are confidential and without obligation. We will confirm independence before scope is discussed.