The companies for which DNV GL has the necessary technical due diligence skills are primarily technology designers and manufacturers, sub-suppliers, and developers or owners of renewable energy projects. Work for companies in the latter category is usually similar to that performed on project due diligence.
The methods used, and the scope of the work, will naturally depend on the client’s brief. Generally speaking, technical due diligence may include a market study, background information on the target company and its market position, technology and technological capability review (design team, etc.), intellectual property review, analysis of competitors, facility review and SWOT analysis.