CODE AUDITING

Technical Due Diligence: Real Visibility Before Investing

Independent white paper for investors and acquirers: state of code, technical debt, scalability, security, equipment and quantified risks.

What is Technical due diligence for investors?

Before you invest in or acquire a tech company, you need to know what you're actually buying: not just the value proposition and business metrics, but the state of the technical asset that underpins everything else. At Q2BSTUDIO we perform independent technical due diligence for investors, venture capital, private equity and M&A teams that need an objective assessment of a target company's software, architecture, equipment and technical risks.

Our due diligence covers six dimensions: code quality (technical debt, complexity, testing, consistency), architecture (scalability, resiliency, modularity), security (vulnerabilities, access model, compliance), infrastructure (hosting, CI/CD, costs, cloud dependency), technical team (capacity, dependency on key people, bus factor) and technical intellectual property (ratio of proprietary code vs. generated, dependency on open source, licensing).

The process is confidential and adapts to the timeline of the operation. We work with NDAs, controlled access to the code (read, no write) and a deliverable designed for technical and non-technical stakeholders to understand. Every finding translates into quantifiable risk: we don't just say that test coverage is low — we explain what it means in remediation costs, speed of development, and likelihood of incidents.

The report includes a rating by dimension (not a magic number but a qualified judgment with evidence), an inventory of prioritized risks with remediation cost estimate, and a section of potential deal-breakers: findings that could affect the valuation, closing conditions, or post-closing plan. We also include a post-deal remediation plan with phases and estimation of the investment necessary to bring the technical asset to the target level.

Topics that we specifically evaluate for their impact on valuation: proportion of code generated with AI without supervision, key-person dependency (what happens if the CTO leaves), security debt that could lead to GDPR breaches or fines, infrastructure costs that do not scale linearly, and software licenses that could impose unexpected obligations (copyleft, restrictions on commercial use).

We are not financial consultants or lawyers: we do not value the company or draft contracts. We are independent engineers who evaluate the technical reality with objectivity and experience, translating technical findings into business risk language.

We do not issue seals of approval or quality certifications. We deliver an honest, documented, and actionable report that allows investment decisions to be made with real technical information, not with the seller's statements.

Our due diligence team includes senior profiles with experience across multiple stacks, industries, and company sizes. This ensures that the assessment is not limited to automated metrics but incorporates engineering judgment on which patterns are acceptable in an early-stage context, which are critical debt, and which are red flags regardless of the stage. Experience in real investment operations allows us to calibrate findings by real materiality, not by technical purism.

FEATURES

Features of Technical due diligence for investors

  • Code Quality Audit

    Technical debt, complexity, tests, consistency and team practices.

  • Architecture Assessment

    Scalability, modularity, resilience and capacity for evolution.

  • Security Review

    Vulnerabilities, access model, encryption and regulatory compliance.

  • Infrastructure and cost analysis

    Hosting, CI/CD, cloud dependency, and cost projection at scale.

  • Technical Equipment Evaluation

    Capacity, bus factor, key-person dependency and competencies vs stack.

  • Intellectual Property Analysis

    Proprietary vs. generated code, OSS dependencies, licenses, and restrictions.

    • Inventory of deal-breakers

      Findings with potential impact on valuation or closing conditions.

    • Actionable executive summary

      Executive summary with rating by dimension and key recommendations.

TECHNOLOGIES

  • Amazon Web Services
  • Microsoft Azure
  • Git
  • SonarQube

FREQUENTLY ASKED QUESTIONS

Frequently asked questions about Technical due diligence for investors

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