IT Due Diligence – Private Equity Firm – Software

Situation

  • A lower middle market private equity firm focused on rolling up software providers in vertical software markets (payment processing, transportation software, professional services software, healthcare software providers, etc.) was seeking 3rd party advisory in understanding the technology operations of target acquisitions (i.e., customer-facing technology solutions).

Approach

  • Renna has supported 100+ transactions pre-close during due diligence to provide understanding of key opportunities and risks of the targets’ core customer-facing technology platforms.
  • Renna provided post-close recommendations and ways to optimize customer-facing technology platforms.

Outcomes

  • Helped the private equity firm realize synergies for overlapping software product functionality.
  • Provided recommendations on cross-platform security posture improvements.
  • Provided recommendations on DevOps improvements and infrastructure consolidation which contribute to lower costs of operations across the portfolio.
  • Strategy recommendations help contribute to overall EBITDA uplift resulting in outsized deal returns.