JBR supported network operator Enexis during the (vendor) due diligence on the exchange of network areas.
Prompted by the findings of the Kist Committee, network companies Enexis and Alliander launched an investigation into the exchange of network areas in early 2014.
For the purpose of valuing the networks contributed by both parties in the exchange, a vendor due diligence was conducted. The parties conducted their own research in various sub-areas to inform and enable the other party to conduct a valuation.
JBR coordinated the due diligence process for Enexis. The process consisted of guiding the various teams, each responsible for a part of the investigation, and informing and facilitating external experts. In addition, JBR acted as a link between Enexis and the other party regarding process agreements, expert sessions and question and answer rounds.
An efficient and successful due diligence process, in which all involved were able to gain a good understanding of the network brought in by the other party. Clear communication and clear terms of reference are key factors that contributed to the outcome.