Commercial & Operational Due Diligence
The operational read your financial diligence can't give you. We complement Big Four financial DD; we don't replace it. Where they read the numbers, we read the asset like operators.
Four lenses on the asset
Commercial
- Revenue quality
- Customer concentration
- Contract portfolio
- Pricing power
- Demand drivers
Operational
- Utilization
- Maintenance and drydock
- HSE and compliance
- Crewing
- Technical management
Fleet and asset
- Condition
- Class status
- Valuation cross-check
- Capex obligations
Organization
- Key-person risk
- Management depth
- Succession
Deliverables, not a deck of theory
A 15 to 25 page report.
A one-page red-flag summary for the IC.
A 100-day value-creation lever list.
An IC debrief call.
Our process
Scoping, then data request and desk analysis, management interviews, site and asset review, synthesis, and a report with a debrief. Two to four weeks from data access.
Scope & data
Define the questions, then desk analysis on the data room.
Interviews & site
Management interviews and a site and asset review.
Synthesis
Connect commercial, operational, and asset findings.
Report & debrief
A written report, red-flag summary, and IC debrief.
Operators, not bankers
We are operators, not bankers. We complement Big Four financial DD with the operational depth they lack, at a fraction of bulge-bracket cost.
Track record reflects the founding team's operator experience prior to Navex. Across a 25-year operating career: five exits, more than ten bolt-on acquisitions, and over $1bn in enterprise value shaped.