In the fast-paced world of mergers and acquisitions (M&A), making informed investment decisions is paramount. Whether you're an investor eyeing a promising startup or a large corporation considering a strategic acquisition, understanding the technical landscape of your potential investment is crucial. Codurance's Technical Due Diligence Assessment (TDDA) offers a clear, in-depth, and independent expert analysis of bespoke software products, people, and processes to guide your investment decisions.
Why Technical Due Diligence is Essential
Addressing Key Investment Questions
- Need pre-acquisition insights into your software investments?
- Involved in a M&A process and need to assess your software investment?
- Don’t have the time or expertise in-house for Technical Due Diligence?
- Need some leverage to support your investment negotiations?
- Want to understand if, when, and how you could achieve a successful exit?
- Need to understand which areas of the product need investment?
- Need to understand the development team’s productivity?
- Need to evaluate how the software will cope with your growth plans?
Codurance’s TDDA helps you get to the truth faster, backed by empirical evidence and over a decades worth of refined expertise in the software industry. This assessment provides a holistic and comprehensive product analysis aligned with industry standards and best practices.
Benefits of Codurance’s Tech Due Diligence Assessment
Strategic Insights and Leverage
- Helps to shape what further investment will be needed to deliver intended returns
- Assists investing partners in deciding which companies to invest in
- Provides leverage during the M&A process
- Brings clarity to non-technical stakeholders helping identify the key skills needed to drive value creation
Key Assessment Areas
Code Quality
Assesses the readability, understandability, and robustness of the codebase. By probing the complexity and evolution of core features, it aims to keep the system maintainable and comprehensible, ensuring long-term viability and minimising technical debt.
Code Security
Critically examines potential threats and weaknesses in both proprietary and third-party code. The focus is on safeguarding the codebase and ensuring robust security postures, minimising risk through proactive identification and mitigation of vulnerabilities.
Development Process Quality
Scrutinises the effectiveness, safety, and traceability of changes from development to production. It ensures that changes are frequently and thoroughly tested and integrated in line with business requirements, streamlining and safeguarding the development lifecycle.
Code Extensibility
Examines how effectively a codebase can accommodate new features and parallel development across multiple teams. By emphasising coherent expression of business rules and ensuring that changes can be implemented and tested independently, it focuses on maintaining a flexible and scalable system.
Test Automation
Assessing your maturity around test automation, this module highlights the importance of maintaining a low-risk testing environment that is both exhaustive and efficient. It aims to minimise manual testing efforts and increase release reliability through a comprehensive, fast, and reliable automated testing suite.
Knowledge Distribution
Evaluates the technical knowledge within a team or organisation, ensuring that critical information and skills are not isolated. It aims to minimise knowledge loss and enable smooth onboarding and efficient knowledge transfer among team members.
Actionable Insights and Recommendations
Codurance provides clear, actionable, and data-driven insights with prioritised recommendations for time-constrained investors. The reports compare products and teams to state-of-the-art practices and top-performing teams globally. Unlike other tools that focus only on low-level code quality and static analysis, Codurance’s unbiased reporting helps you assess the true value and ROI of your software investments.
Seamless Assessment Process
Step-by-Step Approach
- Preparation: Prioritise and agree on the scope of the assessment, setting up necessary access and tooling.
- Data Collection: Gather extensive data on the technology landscape through metrics analyses and interviews.
- Analysis: Experts interpret the data, considering the nuances of the organisation and the tech industry.
- Recommendations: Present a detailed report with findings, insights, and actionable recommendations.
Post-Acquisition Support
Codurance also offers post-acquisition remediation plans to help implement the recommendations and deliver investment value faster. As your strategic technology partner, expert teams will collaborate closely with you to track progress and ensure constant value delivery aligned with your business goals.
Proven Track Record
Codurance has a proven track record of successful assessments. For instance, we helped the RENTALL team to assess their global SaaS solution investment, supporting their strategic business decisions. The seamless and collaborative process provided detailed reports and recommendations that were instrumental in restructuring their engineering efforts to reduce technical debt and improve architecture, significantly reducing database usage.
Testimonials
"Working with Codurance was easy – the whole process was collaborative and very seamless. As a non-technical C-Suite Leader, the report and recommendations provided just the right level of detail to make key strategic decisions about the future roadmap of our software product. We’ll be looking to use the Assessment during future acquisitions to ensure we understand the quality of inherited software products well in advance."
Naomi Virgo, Managing Director at RENTALL
“I’ve worked with Codurance for a long time now, and their engineers and solutions are first class. Their assessment confirmed my initial assessment of our existing systems and gave me data-driven insights that supported my technical modernisation roadmap and the investment required to achieve this.”
Ian Kershaw, CTO at Artlogic
Get Started Today
Ready to make informed investment decisions with Codurance’s Technical Due Diligence Assessment? Get in touch for a demo or to discuss your needs.
Ensure your software investments are sound, secure, and poised for growth with Codurance’s expert analysis and support.