Technical Due Diligence
Our client was looking to de-risk the potential purchase of a Belgian-based online and land-based gaming operator. In order to do so they required insight into the opportunity presented by the team and technology including an evaluation of the technical operations and capabilities.
The team had 20 days to complete the project which started with an information gathering exercise from the acquisition prospect. This covered solution architecture, products & services, technical & operational requirements and business requirements with their relevant sub-components citing all of the risks identified. A SWOT analysis was undertaken as was a detailed risk assessment, all of which was detailed in our report.
We identified risks associated with monolithic platforms and transitioning to new microservices based solutions. We also highlighted the risks associated with font-end framework migration, although agreed it was essential. We drew attention to the lack of momentum in the rollout of the mobile strategy, causing them to fall behind competitors and pointed out the lack of differentiation in the Operators odds offering. It was clear that some of the organisational design decisions and implementation of automation would impact costs and could delay delivery times and increase risk of downtime. There were also areas of the offering causing a poor player experience leading to losing customers to competitors.
Our report detailed all of the risks and potential mitigations, categorising each in order of high to low risk. We clearly articulated the targets ‘right to win’ whilst drawing attention to a lack of evidence of how major plans were being executed but stated that assuming plans were carried out as anticipated we felt they would be a viable proposition within a 24 month period.
We’re really grateful for the due diligence that Rokker undertook on our behalf. Their work was thorough and insightful and has given us exactly what we needed to make a better informed decision with a realistic view about the future of our acquisition target.”