Case Study: EY reduces M&A due diligence time by 75% with CAST Highlight

EY cuts M&A due diligence assessment time by 75% with CAST

EY, a global leader in assurance and advisory services, was engaged to perform a technology due diligence assessment for a private equity firm's potential investment. Their challenge was the historically manual and time-consuming process of reviewing software code, which required a more objective method to rapidly assess quality, risk, and cloud readiness. They utilized CAST Highlight to address this.

Using CAST Highlight, EY analyzed a portfolio of over 1.2 million lines of code in less than a week. The solution provided software intelligence metrics and identified critical open-source licensing risks. This resulted in a more than 75% reduction in tech due diligence assessment time and enabled the private equity firm to make a more informed investment decision with a more accurate valuation.

EY