Technical & AI Due Diligence
Get clear, in-depth and independent expert analysis of bespoke software products, people and processes to inform your investment decisions during M&A
Learn moreACCELERATORS

CTO
Recently exited PE-backed B2B technology business · Exit Readiness engagement
Jonathan Morris
CTO In Residence, Private Equity
Steve Harrison
Partner, YFM Equity Partners
WHY IT MATTERS
PE firms require a full technology and AI audit during every fundraising and exit process. Businesses that start early are the ones that exit cleanly, at the multiple they planned for, without the fire drill.
THE SERVICE
Codurance's Exit Readiness programme runs across three phases, starting 12–18 months before an anticipated exit. We surface material technical risks early, embed ongoing governance discipline, and ensure your technology narrative is defensible under buyer scrutiny from the moment formal due diligence begins.
| Drive valuation early. Prove the value creation vision is technically credible and achievable before buyers challenge it.
| Increased buyer confidence. Demonstrate realised technology value, controlled risk, and scalable, resilient growth.
| Reduce exit disruption. Avoid the technical fire alarm so diligence isn't a management distraction at the worst possible moment.
| Strengthen the exit narrative. Show technology as a credible engine of growth, scalability, and enterprise value, not a risk item.
| Create board-level visibility. A clear view of value creation risk across technology and the business throughout the journey.
THREE PHASES TO DRIVE VALUE FLOW
Review existing collateral, identify work to be completed and associated risks in the tech estate. Deliver a board-level dashboard and plan next steps. Typically 3–6 weeks depending on company size.
Regular quarterly check-ins to review progress against actions, revisit the risk profile, and update the board picture. Maintain accountability and momentum between the diagnostic and exit.
Final review and remediation activities in approach to the sale. Final preparation of the virtual data room and board sign-off as sale ready. You enter formal due diligence in control.
WHAT WE ASSESS
Our assessment covers the control domains that determine whether a buyer increases or discounts their offer: strategy, architecture, governance, resilience, financial transparency, and organisational depth.

Does the proposition win in a faster, AI-accelerated landscape? Assess competitive positioning against emerging entrants, differentiation clarity and AI-repositioned roadmap aligned to growth.
Stronger investor narrative. Clearer multiple justification.
Roadmap Execution Power
Can the team convert the product vision into reliable, scalable delivery?
Assess delivery predictability, team capability depth, leadership maturity and dependency plus key-person risk.
Investors back execution certainty.
Can the platform withstand growth without a structural rebuild?
Assess scalability headroom, modularity and extensibility, technical bottlenecks and future feature velocity constraints.
Supports aggressive growth without margin erosion.
Technical Debt as Strategic Investment
Is your tech debt hidden and unmanaged?
Assess debt visibility, prioritisation, refactoring vs innovation trade-offs, cost of delay and the balance between enhancement and remediation spend.
Capital deployed into tech produces uplift.
Data &
Do you require an AI audit as part of exit due diligence?
Assess data integrity, governance, AI feature feasibility, monetisation potential and whether data architecture is robust to support a premium exit narrative.
Valuation defensibility in a world where AI is table stakes.
Operational Resilience Under Hypergrowth
Can service quality and margins be maintained at scale?
Assess infrastructure scalability, DevOps maturity, observability and uptime, and the cost-per-user trajectory as the business scales into the investment thesis.
Protects EBITDA while scaling revenue.
WHAT YOU GET
Everything we produce is designed to survive buyer scrutiny. Findings are specific, evidence-based, and built around the six control domains buyers will examine, delivering a defensible technical control position to be relied upon.
A RAG heatmap across all six control domains
A 90-day stabilisation priority list and a 12-month readiness roadmap
A quarterly refreshed board-ready risk pack
A Diligence Evidence Pack
A formal exit readiness statement

Illustrative example, your board position will reflect findings specific to your organisation, deal context, and anticipated exit timeline.
HOW IT WORKS
A structured programme that starts long before the deal room opens, designed to fit around your business without disruption, helping you enter due diligence in control, not catch-up mode.
Includes acceptance criteria, scope boundaries, alignment on priorities and expectations.
Domain interviews, evidence review, data room audit and control validation across all six domains.
The Growth Diagnostic often surfaces risks that need active remediation. Codurance can work alongside your team to close those gaps: modernising legacy platforms, improving delivery practices, building the data and AI narrative a buyer expects to see.
We’re not an audit firm that hands over a report and leaves. We have the engineering depth to help you fix what we find and a track record of doing exactly that in
PE-backed businesses where the clock is ticking.
TYPICAL NEXT ENGAGEMENTS - LED BY CODURANCE EXPERTS
Remediating codebase and architectural issues, improving scalability, key-person dependency, stabilising the platform.
Building the data governance, AI adoption, and engineering AI maturity that PE firms now expect to see.
Lift delivery predictability, reduce cycle time and build the depth of engineering leadership that buyers value.
Get clear, in-depth and independent expert analysis of bespoke software products, people and processes to inform your investment decisions during M&A
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