Wound CareEMEA

Commercial Due Diligence for PE Fund

4 weeks | Project-based commercial due diligence

The Challenge

A mid-market PE fund was evaluating the acquisition of an EUR 80M wound care portfolio from a larger MedTech corporation. The fund needed an independent commercial assessment to validate revenue sustainability, competitive positioning, and growth potential before proceeding with the transaction.

Our Approach

We conducted a four-week commercial due diligence covering market dynamics, customer concentration risk, competitive threats, and pipeline assessment. Our work included structured interviews with 25+ customers, distributors, and industry experts, combined with bottom-up revenue modeling and scenario analysis. We specifically assessed the impact of MDR on the target's product portfolio and identified regulatory-driven portfolio rationalization risks.

Results

  • Identified EUR 15M revenue upside through channel optimization
  • Flagged EUR 5M at-risk revenue from MDR-driven product discontinuation
  • Provided a 100-day commercial value creation plan
  • Supported successful deal closure and post-acquisition planning