RA Capital represented CodeScan Enterprises, LLC (“CodeScan” or the “Company”) in its sale to AutoRABIT Holding, Inc. (“AutoRABIT”)
Highly Attractive, Founder-Owned Business: CodeScan is a leader in the Salesforce DevOps industry with a growing base of recurring SaaS revenue and more than 150 loyal blue-chip customers worldwide.
Compelling Product Synergies: The transaction adds important code quality and security analysis elements to AutoRABIT’s existing Salesforce DevOps platform.
Deal Execution: CodeScan engaged RA Capital to explore strategic alternatives in an expedited time frame. RA Capital structured a transaction process that resulted in an attractive outcome for the owners of CodeScan in less than five months.
CodeScan empowers Salesforce DevOps teams at all levels with its code analysis solution. Through code standardization enforcement, CodeScan helps developers write faster, better, cleaner, and more efficiently with continuous inspection of code security and quality. CodeScan is the leading end-to-end static code analysis solution on the Salesforce ecosystem. Located in San Diego, California, CodeScan is a Salesforce Strategic ISV partner, is compatible with all Salesforce languages and metadata, has a robust Salesforce ruleset (500+), has performed more than 21B line checks, and services Fortune 500 customers around the world.
AutoRABIT’s DevSecOps platform enables Salesforce development teams to improve the quality of their releases at scale through a suite of CI/CD tools that enable teams to configure, build, test, and manage development environments and deployments. The platform also supports data protection and optimization through a suite of Salesforce DataOps tools that enable development teams to retrieve greater insights from their own data while ensuring robust backup and protection. AutoRABIT has received growth equity from New York-based Full In Partners.