Code & Co. provides Bregal Milestone with Exit Readiness Tech & Product Due Diligence prior to the sale of its portfolio company Epassi, recognized by The Financial Times as one of the fastest growing companies in Europe, to TA Associates and Warburg Pincus
Code & Co. advises Bregal Milestone and Epassi Group with an Exit Readiness Tech & Product Due Diligence prior to the exit. Epassi, recognized as one of the fastest-growing companies in Europe for both 2022 and 2023 by the Financial Times, is a fintech platform that revolutionizes how employees redeem benefits.
Scope of Work
The scope included an assessment of Epassi’s proprietary B2B (and B2B2C) Saas platform. Code & Co. analyzed the architecture, infrastructure, security, and cyber resilience of the platform. Code & Co. further analyzed the product quality, performing an audit covering the product roadmap, KPIs & moats, operational excellence, integration, and rollout capabilities. Additionally, Code & Co. audited the underlying engineering team, its structure and development, key contributors and processes such as the SDLC.
About Epassi
Founded in 2007, Epassi has grown to become the market leader in mobile payments for employee benefits in Northern Europe. A unique solution that combines all benefits into a single mobile app. Epassi serves more than 50,000 service providers, 10,000 employers and over 1.7 million employees. Epassi was awarded by the Financial Times as one of the fastest growing companies in Europe.
About Bregal Milestone
Bregal Milestone is a leading European technology growth capital firm dedicated to making investments in ambitious, high-growth technology companies. The firm provides growth capital and strategic assistance to support market-leading companies in the technology and technology-enabled services sectors. Bregal Milestone is part of Bregal Investments, a leading global investment firm that has invested over €15 billion to date.