Valeriya Chumachenko
Advisor to the Board of The Structure. Fourteen years in technology M&A and investment analysis: valuation, buy-side research and the question of what makes a software company worth buying.
- years in M&A and investment analysis
- 14
- analysts led on two continents
- 20
- markets: US, Europe, Middle East, Asia
- 4
- languages
- 4
The real value of a company should be seen.
Most of what makes a software company worth buying cannot be seen from the outside: a product a team built over years, the data it owns, systems that run without drama, people who know how it all fits together. In a deal that value is either proven or discounted. Too often it is discounted, not because it is missing, but because nobody laid it out in a way a buyer could trust.
As Advisor to the Board, Valeriya holds The Structure to one idea: bring that value into the light. Read the company the way a careful buyer will, show what is strong as clearly as what needs fixing, and rest every statement on evidence. A company that can show its value keeps it at the table.
Engineering behind every review
Our engineering partner PERETZ builds and runs software every day. The people who read your code know how systems are written, inherited and handed over.
Our own AI tooling
Tools built by our engineering team read codebases, dependencies and documents at a scale no person can. Every finding they point to is checked by a person before it reaches a report.
Experts with 10+ years in the field
M&A, due diligence and software people with more than ten years in their work, on one team. Every review is led by a senior engineer and read by someone from the deal side.
About Valeriya.
Valeriya works where the deal and the business meet: mergers and acquisitions, investment analysis and strategic development. Her field covers company valuation, technology market analysis, the search for investment opportunities and the assessment of deal synergies.
She combines financial analysis with a close reading of markets and business models: a company's competitive position, its room to grow and where additional value can be created. Her experience includes buy-side M&A engagements, the search for acquisition targets and the analysis of how attractive a business is to an investor. She has led an international team of twenty analysts on two continents and built the research process behind their work.
Since 2020 she has advised the leadership of PERETZ on budgeting and business decisions, looking at digital work through the lens of economics, long-term growth and value. As Advisor to the Board of The Structure she advises on the direction of the firm and on reading its reports the way the other side of the table will: what each finding does to price, to terms and to the plan after closing.
Where the experience comes from.
- The Structure
- Advisor to the Board. Advises on the direction of the firm and the deal-side reading of its reports.
- M&A
- Buy-side advisory and deal origination in technology M&A: target research, acquisition synergy analysis, engagements across technology sectors.
- Business analysis
- Industry analysis, go-to-market positioning and the analysis of potential partners for technology companies.
- Team leadership
- Led a team of 20 analysts on two continents: M&A synergy analysis, business valuation, market positioning and executive summaries, global technology market analysis, automated research.
- Operations and risk
- Process management and operations projects in software development: digitalization, GDPR compliance, internal audits, risk management, business continuity, benchmarking.
- Investment
- Investment management: business research, presenting companies to foreign investors, an annual review of the industries most attractive for investment.
- Board advisory
- Advisor to the board of PERETZ since 2020: budgeting and business advice.
Key competencies.
- Mergers and acquisitions
- Due diligence
- Valuation of technology companies
- Pre-sale valuation
- Synergy analysis
- Financial modeling
- Risk assessment
- Exit and succession readiness
- Post-deal integration
- Business strategy
- Operating models
- Board advisory
Written by Valeriya.
· 10 minNov 10, 2026Who will buy your software company, and what their technical review looks forA reviewer's guide for founders and their advisors: how strategic acquirers, private equity platforms, add-on buyers and independent operators read the same technology, and how to prepare for all of them at once.Selling
· 10 minNov 10, 2026Due diligence on a product written largely with AIFor buyers and investors: what changes in a technical review when much of the code was generated, how a reviewer tells careful AI-assisted work from code nobody checked, and what the findings mean for the deal.AI
· 11 minNov 10, 2026Carve-outs: the systems a business shares with its parentA reviewer's view for buyers, sellers and advisors: how shared systems are found, what must be separated before closing, what can run under transition services, and how to price and schedule the separation.Buying
· 11 minNov 10, 2026An aging platform inside an acquisition targetHow an independent reviewer reads a business that runs on an old e-commerce platform version, framework or runtime: support status, patches, extensions, hosting, the routes forward with their costs, migration risk, and how it reaches the deal.Due diligence
· 11 minNov 10, 2026What a well-built product looks like to a reviewerNine signals that a system was built to last, the evidence that confirms each one, and why a technical due diligence report should state strengths as plainly as it states findings.Due diligence
· 11 minNov 10, 2026The technology claims in your sale document, read by the reviewer who will test themWhat a buyer's technical reviewer asks for when a memorandum says proprietary, scalable, secure or SOC 2 ready, what usually breaks each claim, and wording the evidence can support.Selling
· 11 minNov 10, 2026Technical checks before you buy a small software companyWhat a searcher or independent buyer can check before the letter of intent, what to ask for in the first week of exclusivity, and how to size the review to a small deal.Buying
· 11 minNov 10, 2026The technology behind the SaaS numbersRecurring revenue and gross margin are what a buyer pays for. A technical review checks whether the product, the infrastructure and the people behind it can keep producing those numbers after closing.Due diligence
· 11 minNov 10, 2026Key-person risk in the technology: what a reviewer looks forHow much of the system lives in one or two heads, how a technical reviewer finds out, how it is rated, and what a seller can do about it before a sale.Due diligence
· 11 minNov 10, 2026AI diligence: is it a product or a wrapper?A buyer's playbook for an AI-powered software company: what to read, what to ask management, and which answers should change the price or the purchase agreement.AI
· 10 min
Preparing a sale or looking at a target?
We reply within one business day. NDA before any documents change hands.