Our services · Growth strategy consulting

Growth strategy consulting for technology companies


Agree where the business is going, then choose the route: build it, partner for it or buy it. We test each route with your customers and your market, and turn the choice into a plan your board will back.

For the leadership teams of software and technology businesses and the investors behind them. A partner leads every project.

Our view

Corporate strategy is where you plant the flag, but the route must remain flexible.

Les Elby, Partner, January 2026. Read Les’s article on planting the flag

When clients call us

Four moments when a growth plan needs a fresh look

Growth has slowed

Revenue is still rising, but more slowly, and the leadership team does not agree why.

A new investor wants a new plan

The investment case has to become priorities the team can deliver and the board can track. How we work with investors

Too many options

New markets, new products and acquisitions all look possible. The team can do two or three of them well.

An exit in two to three years

The growth story has to hold up when buyers and their advisers test it. Exit strategy for tech companies

The routes

Three routes to the same goal

Plans usually combine routes. The work is choosing the mix and the order, and agreeing what would make you change course.

Select a route to see what it takes.

Where you are today

Your goal in three to five years

Build

  • Keep customers
  • Sell more to them
  • Win new ones
  • New markets and products

Build: grow from what you have

What this route needs

Product, sales and customer teams with room to take on more, and the money to fund them.

What we test

Customer interviews, win and loss reviews, pricing, and bottom-up sizing of each new market.

Where we help

The growth strategy and plan, with the customer research behind it.

Partner

  • Channel partners
  • Technology alliances
  • Routes into new countries

Partner: reach customers through others

What this route needs

Partners who already sell to your customers, and an offer they can sell without you in the room.

What we test

Which partners your customers already buy from, and what each would need to make your product worth their time.

Where we help

Choosing which partnerships to pursue, and the commercial case for each.

Buy

  • Acquisition strategy
  • Target map
  • Approach and diligence
  • Completion

Buy: acquire the growth

What this route needs

Funding, someone to own the integration, and a clear view of what you are buying and why.

What we test

The companies in your market that could be bought, screened against the strategy, then tested before you commit.

Where we help

Buy-side M&A from target search to completion, with commercial due diligence where the deal needs it.

How the work runs

Four stops, agreed with you at the start

We agree the scope and the timetable with you before we begin.

1. Diagnose

A Business X-Ray of the market, your customers, your competitors and your numbers. What the X-Ray covers

2. Set the goal

Where the business should be in three to five years, agreed with the leadership team and the board.

3. Choose the routes

Build, partner or buy, sized and compared, with the evidence for each.

4. Plan and deliver

Owners, milestones and measures, and the signals that would make you change route.

Where we start

The Business X-Ray

Before we recommend a route, we look at six layers of the business, so everyone round the table works from the same facts.

Select a layer.

Market

How much room is there to grow?

What we look at

Market size and growth, built from the bottom up, and the trends working for and against you.

What it tells you

How much headroom your plan can realistically assume.

Customers

Who buys, why, and who might leave?

What we look at

Segments, buying reasons, retention and expansion, from interviews with customers, former customers and prospects, and from your data.

What it tells you

Which customers to grow with, and where revenue is at risk.

Competitors

Where do you win, and where do you lose?

What we look at

Direct and adjacent competitors, pricing, switching costs and the AI-native companies moving into your market.

What it tells you

Where your position is strong enough to build on.

Product and proposition

Is the offer clear, and is the product heading the right way?

What we look at

What customers value, what they would pay more for, and how your roadmap compares.

What it tells you

What to build next and what to stop.

Go-to-market

Does the sales engine fit the ambition?

What we look at

Your ideal customer profile, pricing and packaging, channels and the sales motion.

What it tells you

The changes that would make growth cheaper to win.

The numbers

Is growth efficient?

What we look at

Historical trading, revenue mix, recurring revenue, retention and unit economics.

What it tells you

Which growth is worth paying for, and what the plan can afford.

The customer layer

We ask your customers, not only your team

Customers know why they bought, what they would pay more for and what would make them leave. Their answers show where the business stands today and where its next growth will come from.

We interview customers, former customers and prospects, using the same method as our Voice of the Customer research.

  • Why they bought
  • What they would buy next
  • What would make them leave
  • How you compare

Published evidence

22%

median growth in private B2B SaaS in 2025, down from 25% in 2024. Companies with net revenue retention of 100 to 110% grew five percentage points faster than those at 90 to 100%.

Source: SaaS Capital, 2026 Private B2B SaaS Company Growth Rate Benchmarks (2025 data, more than 1,000 companies).

Printed customer interview transcripts on a desk by a window, with passages highlighted in yellow

What you get

A plan short enough for the board to read and specific enough to act on

We keep it short on purpose, so the board reads it and the team uses it. You will not get a long report.

A shared view of where the business stands

The market, your customers, your competitors and your numbers, in one place.

The routes, sized and compared

Build, partner and buy, with the evidence for and against each.

A plan the board can back

Priorities, owners, milestones and the measures you will track.

Customer evidence behind each recommendation

The board can see where each priority came from.

Growth plan

Board version

Where we will be in three to five years

The routes: build, partner, buy

The first priorities

Owners and milestones

The measures the board will track

What would make us change route

Illustration

A growth strategy workshop room in morning light, with a whiteboard chart of rising steps and clusters of sticky notes

From plan to deals

When the plan includes an acquisition

When a growth plan includes buying a business, we can run that part too. We advised Causeway on its acquisitions of Reference Point and of one.network from Bridgepoint.

Your partners

The partners, from first meeting to final plan

Les Elby, Partner at Lighthouse Advisory Partners

Les Elby

Partner

Mat Truche-Gordon, Partner at Lighthouse Advisory Partners

Mat Truche-Gordon

Partner

We sit on technology boards today

Our partners sit on the boards of technology companies, and have sat on the boards of others we helped to scale.

We have run strategy and M&A inside technology businesses

The plan is written by people who have had to deliver one.

We will tell you if it won’t work

Strategy work fails when a leadership team is not ready to make the choices it points to. If we think that is the case, we say so at the first meeting.

Some of the companies and investors we have worked with

Common questions about growth strategy consulting

What do your growth strategy services cover?

Where the business should be in three to five years, the routes that will get it there, and the plan to deliver them. We look at the market, your customers, your competitors and your numbers, then help the leadership team choose.

We are PE-backed. When should we review the plan?

Soon after investment, ahead of a board planning cycle, when growth slows, before a move into new markets, or when the value creation plan needs testing with evidence from outside the business. How we work with investors

What is the Business X-Ray?

Our structured review of a technology business across six layers: market, customers, competitors, product and proposition, go-to-market, and the numbers. It is the first step of a growth strategy, and you can also commission it on its own.

How is growth strategy different from commercial due diligence?

Commercial due diligence tests a business before you invest in it or buy it. Growth strategy is for a business you run or already own, and decides where it should focus next. Commercial due diligence for technology acquisitions

Can you help if the plan includes an acquisition?

Yes. We can map the market for targets, approach them and run the deal through to completion. Buy-side M&A advisory

Can you stay on while the plan is delivered?

Yes. Some clients keep us on for strategic growth advisory once the plan is agreed, to review progress with the board and to help with any acquisitions.

Start a conversation

Talk to a partner about your growth plan

Tell us where the business is and where you want it to be. We will tell you plainly whether we can help.

A single printed page with a simple bar chart on a boardroom table in morning light