Operational Due Diligence
Pressure-testing the operating thesis before capital is committed.
Operational Due Diligence is where the operating thesis meets reality. Working alongside the deal team, we assess whether the cost, margin and scalability assumptions in the model are actually deliverable — and at what cost, risk and timeline. We surface the operational truth that financial diligence cannot, so the investment is made and priced with eyes open.
What we cover
- Operating-model, process and organisational assessment
- Cost-out and margin-expansion opportunity sizing
- Systems, data and technology-debt evaluation
- Scalability and integration-readiness review
- Operational-risk and management-capability assessment
- Day-one and 100-day plan inputs
How we deliver it
- 01We deploy operators who have run the function in question, not generalist reviewers, so findings are grounded in delivery experience.
- 02Opportunities and risks are quantified in EBITDA and cash terms and fed directly into the value-creation plan and the model.
- 03Findings are delivered on the deal timeline, with a clear line between confirmed value and value contingent on execution.
The metrics we govern
Every capability is run to explicit, contractually governed performance metrics — reviewed in joint governance.
Quantified value-creation opportunity identified
Operational risks surfaced pre-close
Diligence delivered within deal timeline
Day-one readiness assessment completeness
The value created
Investment priced and underwritten with operational truth
A value-creation plan that is ready to execute at close
Fewer post-close surprises and faster value capture
How this is run
Delivered under Private Equity Operations's operating doctrine — the standards applied across every capability in the practice.
Governance
Engagements run under a value-creation governance model jointly with the fund and management: a steering committee with the deal partner and CEO/CFO, a named Advait operating lead, a tracked initiative register with owners and financial impact, and a weekly execution cadence beneath a monthly value-creation review. Every initiative is tied to an EBITDA or working-capital outcome and reported against it.
Reporting & insight
Funds receive an initiative-level value-creation dashboard — financial impact realised vs planned, milestone status, and risks — plus a board-grade monthly pack and quarterly review aligned to the fund's reporting and the company's board calendar. Impact is reported in EBITDA and cash terms, reconciled to the management accounts, never in vanity activity metrics.
Security & compliance
Portfolio-company and fund data is handled under strict confidentiality and information-barrier protocols. Access is least-privilege and segregated by deal, MNPI handling follows the fund's compliance regime, and all data is managed under SOC 2-aligned controls. Cross-portfolio insight is shared only on an anonymised, aggregated basis.
Transition & onboarding
We mobilise inside the first weeks post-close: validating the diligence-stage operating thesis against ground truth, sequencing the 100-day plan, aligning management, and standing up the governance and reporting cadence before driving execution. For platform deals we pre-build the shared-services target operating model so bolt-ons integrate from the first acquisition.
Business continuity
Operating support is structured to persist across the hold period and to survive management change. Knowledge is captured in playbooks and the initiative register rather than held in individuals, so a CFO transition or a bolt-on does not reset the value-creation programme. Exit-readiness workstreams run continuously rather than as a pre-sale scramble.
Scalability
The operating model works at single-company and full-portfolio scale. Funds can engage us on one asset or standardise a common operating playbook — shared services, KPIs, reporting and value-creation methodology — across the whole portfolio, compounding institutional operating capability deal after deal.
Better businesses are built through better operations.
Whether you are establishing a capability centre, transforming customer operations, running critical banking infrastructure, operating renewable assets or creating value across a portfolio — Advait brings the operators, the platform and the accountability to deliver.