What Crosslake Technologies does

Crosslake Technologies is a global advisory firm serving private equity investors and their portfolio companies across the full M&A investment lifecycle. Founded in 2010 in Seattle by a member of Microsoft's Engineering Excellence team and now headquartered in Charlotte, NC with an EMEA headquarters in Manchester, UK, the firm specializes in technology due diligence, digital transformation strategy, and technology value creation. Crosslake has been PE-backed by Falfurrias Capital Partners since 2020, completed a 2021 merger with Corsis, made four follow-on acquisitions (Renna Partners, VantagePoint, Intechnica, Lucen Partners), and in March 2026 closed a single-asset continuation vehicle led by Leonard Green & Partners' Sage Fund. The firm employs 101-250 people across offices in Charlotte, Bellevue, New York City, and Manchester.

Core service lines span technology due diligence (Software, AI, IT, and Product sub-offerings), sell-side diligence and exit readiness, transformation services (modernization, technical debt remediation, SDLC, organizational performance, tech KPIs), and interim executive leadership placement (CTO, CIO, CISO, CPO, engineering leadership). These are delivered by senior practitioners who are former CTOs, CIOs, CISOs, Chief Architects and Chief Engineers drawn from McKinsey, PwC, Vista Equity Partners, KPMG, Houlihan Lokey, Microsoft, Workday, and other tier-one firms. The advisory surface is differentiated by proprietary platforms including the Corsis Platform and its TechIndicators® benchmarking system, which is derived from 6,000+ prior technology M&A transactions and $30B+ in analyzed PE transactions, plus Insight Accelerators (Insight Apps, PortfolioView, Build/Data Science). Named client engagements include Synchronoss (global agile transformation), Visma (sell-side advisor for the largest-ever software buyout at $12.2B EV), Bill & Melinda Gates Foundation (Mojaloop open-source framework for unbanked communities), Eon Health, Pets at Home, Nisa, Bidfood, Rendall & Rittner, and Doctari.

The business model is professional services advisory: revenue is generated through bespoke engagement fees on due diligence, value creation, and interim leadership work, sold via a sales-led, consultative, relationship-driven go-to-market targeting PE firm leadership, investment professionals, and portfolio company executives. Distribution is direct rather than channel-based, supplemented by thought leadership content, industry events (e.g., PEI Operating Partners Forum), webinars, case studies, and PR. Crosslake serves 500+ PE firms and 1,000+ companies, with 400+ documented value creation engagements, providing natural lifecycle coverage from buy-side diligence through portfolio acceleration to sell-side/exit readiness.

Name

Crosslake Technologies

Legal name

Crosslake Technologies, LLC

Website

https://crosslaketech.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Crosslake Technologies is a global advisory firm serving private equity investors and portfolio companies with technology due diligence, digital transformation, and value creation services, underpinned by the proprietary TechIndicators® benchmarking platform derived from 6,000+ tech M&A transactions.

Ownership category

akta.pro rank

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Advisory and Consulting Services: Crosslake generates revenue through advisory fees for technology due diligence, digital transformation strategy, and technology value creation engagements. Services are delivered by certified practitioners (former CTOs, CIOs, Chief Architects and Chief Engineers) and cover the full private equity investment lifecycle including buy-side diligence, sell-side diligence, and interim leadership roles.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Crosslake Technologies is a global advisory firm serving private equity investors and their portfolio companies with technology due diligence, digital transformation strategy, and technology value creation services. The firm delivers practitioner-led engagements—covering software, AI, IT, and product diligence—across the full PE investment lifecycle (Invest, Focus, Accelerate, Realize), supported by interim executive leadership placements and its proprietary Corsis/TechIndicators benchmarking platform.

Product overview

Crosslake Technologies is a solutions-driven global advisory firm serving private equity investors and their portfolio companies across the full investment lifecycle. The firm does not operate a single monolithic product but rather a portfolio of interconnected advisory services and proprietary platforms. At its core, Crosslake offers technology due diligence (Software Diligence, AI Diligence, IT Diligence, and Product Diligence) and digital transformation strategy, underpinned by two proprietary platforms: the Corsis Platform (featuring TechIndicators® benchmarking derived from 6,000+ technology M&A transactions and $30B+ in PE transactions) and a suite of Insight Accelerators including Insight Apps, PortfolioView, and Build/Data Science. These are complemented by Sell-side Diligence services, Transformation Services (modernization, technical debt, SDLC, tech KPIs), and Interim Leadership placements (CTO, CIO, CISO, CPO). Crosslake has expanded its capabilities through acquisitions of Renna Partners, VantagePoint, Lucen Partners, and UK-based Intechnica.

Differentiator

Problem solved

Functional benefit

Brands

• Corsis: Proprietary platform delivering objective and actionable insights based on more than $30B in private equity transactions, providing TechIndicators benchmarking standards.

Products and services

• Tech Due Diligence

Quantifiable outcome

• Crosslake's TechIndicators® benchmarks enabled Eon Health to secure $16M in growth equity funding by validating their IT quality against industry standards.
• +2 more outcomes

Named customers18 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Lucen PartnerscoreStrategic or Co-development Partner · 28 May 2025Crosslake acquired Lucen Partners, a boutique PE-focused advisory firm founded by experienced operating partners, to expand product and software value creation capabilities with specialized expertise.
• IntechnicacoreStrategic or Co-development Partner · 18 January 2023Crosslake acquired Intechnica, a UK-based technology firm specializing in digital products and solutions, to accelerate growth in Europe. This was Crosslake's fourth strategic investment since 2020, expanding the EMEA practice and adding specialized digital product capabilities.
• VantagePointcoreStrategic or Co-development Partner · 14 July 2022Crosslake acquired VantagePoint, a cybersecurity advisory firm, to expand Crosslake's cybersecurity practice. The acquisition focused on services such as program implementation, due diligence, and penetration testing. This was Crosslake's third acquisition in 18 months.
• Renna PartnerscoreStrategic or Co-development Partner · 5 January 2022Crosslake acquired Renna Partners to expand capabilities and strengthen the advisory practice, adding specialized expertise to Crosslake's service offerings for PE clients.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Alvarez & Marsal: Global professional services firm with a deep private equity advisory practice, providing operational diligence, restructuring, and technology advisory to PE sponsors and portfolio companies — directly comparable in serving PE deal teams and portfolio operations, with a broader services portfolio.
• PwC (Deals Practice): Big Four firm with a dedicated technology and cybersecurity due diligence practice serving PE buyers and sellers, including CTO advisory and tech-enabled services diligence — competes directly with Crosslake on tech diligence engagements while offering a much wider portfolio of services.
• KPMG (Deal Advisory): Big Four firm providing technology due diligence, cybersecurity advisory, and pre-close technology assessments for PE transactions — multiple Crosslake hires came from KPMG's deal advisory practice, indicating direct overlap in services and clients.
• FTI Consulting (Technology): Global consulting firm with a technology and dispute advisory practice serving PE clients on technology diligence, cybersecurity reviews, and transformation — competes for similar engagements though anchored in a broader portfolio of legal and financial consulting services.
• McKinsey & Company (Transformation/PE): Top-tier strategy consulting firm with dedicated Private Equity and Transformation practices serving PE sponsors on value creation, technology strategy, and portfolio operations — Crosslake's CEO Barr Blanton is a former McKinsey partner, reflecting direct competition for senior PE advisory talent and engagements.
• Bain & Company (Private Equity): Global strategy consulting firm with a dedicated Private Equity practice and operations consulting capabilities serving PE sponsors and portfolio companies on tech diligence, value creation, and operational improvement — comparable services targeting the same customer base.

Direct peers

• Houlihan Lokey: Global investment bank with a Technology and Cybersecurity Transaction Advisory practice serving PE clients on tech diligence and integration — Crosslake has hired directly from Houlihan Lokey's practice, indicating service and client overlap, though Houlihan's practice sits inside a broader M&A advisory firm.
• West Monroe Partners: Management and technology consulting firm serving PE sponsors and portfolio companies on technology diligence, M&A integration, and operational improvement — directly comparable in serving PE-backed tech advisory with a similar boutique scale and practitioner-led model.

Others

• Boston Consulting Group (PE Practice):

Emerging players

• Slalom Consulting: Technology and business consulting firm with growing PE advisory practice providing technology diligence, transformation, and product engineering to PE-backed portfolio companies — similar boutique-consulting positioning with overlapping but less PE-specialized service offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/crosslake-technologies-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crosslake Technologies