CA

CASt VCMS

Portfolio Control Platform

CASt Capital · Powered by CASt VCMS

Operate every portfolio company through a single EBITDA console.

CASt VCMS gives CASt Capital sponsors immediate line of sight into run-rate variance, renewal risk, and architecture guardrails across Funds IV and V. Portfolio operators see the same data their CFOs sign every month.

  • • Finance-validated baseline and savings bridge per portco
  • • 30/60/90 renewal pipeline with owner + evidence
  • • Vendor leverage heatmap linked to diligence-ready files

Portfolio Companies

12

CASt Capital flagship + co-invest vehicles

Adjusted Baseline

$78.5M

Finance validated run rate

Realized Savings

$18.1M

Captured last 2 quarters

Funds Overview

$178M

Under active governance

Forward Locked

$32M

Next 2 quarters

Next 90-Day FocusOwner

Workday

$3.1M · Due in 30 days

Evergreen Workforce CFO

SAP S/4HANA

$4.7M · Due in 60 days

Helios Energy Platforms Transformation

Oracle NetSuite

$2.2M · Due in 45 days

Solace Finance Platforms Ops

All pipeline entries include billing-stop evidence and architecture approvals before the final CFO sign-off.

Proven Performance · Measurable ROI

  • Managed Spend = Adjusted Baseline across Funds IV–V + co-invest sleeves (sourced from Finance variance bridge).
  • Realized EBITDA Shift = Billing-stop backed savings booked in the last four quarters after CFO attestation.
  • Forward Savings = Contracts with executed term sheets + integration plans queued for the next budget submission.
  • Variance vs IC Plan = Current run rate vs the Investment Committee baseline used when capital was deployed.
  • Renewal Coverage = % of renewals inside 90 days that have strategy, benchmarks, and owner accountability in CASt.
  • Operator / OP NPS = Rolling 90-day score from portfolio CFOs/CIOs on the CASt operating model.

Managed Spend Under CASt

$78.5M

Funds IV–V plus co-invest sleeves

Realized EBITDA Shift (TTM)

$18.1M

Finance-validated returns booked

Forward Savings Locked

$24.3M

Already committed to next budget

Variance vs IC Plan

-1.4%

Portfolio run rate vs sponsor bridge

Renewal Coverage (90d)

92%

Contracts with playbooks + evidence

Operator / OP NPS

+68

CFO/CIO satisfaction with CASt motion

Portfolio Value Overview

  • Baseline Spend is the Finance-approved Adjusted Baseline (carve-outs removed, in-flight work added). TTM shows the past twelve months of actuals vs that baseline, and NTM = TTM - Forward Locked savings once gating approvals are complete.
  • Savings % is realized impact vs that baseline, tied back to Finance-approved entries in the CASt decision log.
  • Forward Locked dollars represent signed term sheets or consolidation plays with evidence packages ready for CFO review.
  • Renewal Notes flag the next CASt gate (benchmark package, architecture review, billing-stop evidence, negotiation packet) so Operating Partners know what happens before CFO sign-off.
  • VCMS Progress shows how far the portco is through the CASt operating system (Baseline → Governance → Architecture → Sustain). 100% = managed service steady state.

Atlas CloudWorks

Baseline Spend Under Management: $10.2M

TTM Spend

$6.7M

NTM Forecast

$4.3M

Forward delta: $2.4M ($2.4M)

34%

Savings Rate

$2.4M

Forward Locked

Gate · Negotiation PacketRenewal in 45d · consolidation of multi-cloud admin stack
68 vendors under CASt management54 applications monitored

Active CASt Engagement

Beacon BioLogic

Baseline Spend Under Management: $7.4M

TTM Spend

$5.4M

NTM Forecast

$3.9M

Forward delta: $1.5M ($1.5M)

27%

Savings Rate

$1.5M

Forward Locked

Gate · Benchmark PackageBenchmarking 60d · lab automation peers and utilization telemetry
52 vendors under CASt management42 applications monitored

Active CASt Engagement

Cobalt Harbor Defense

Baseline Spend Under Management: $8.9M

TTM Spend

$6.1M

NTM Forecast

$4.2M

Forward delta: $1.9M ($1.9M)

31%

Savings Rate

$1.9M

Forward Locked

Gate · Architecture ReviewZero Trust architecture board review before GCC deployment
63 vendors under CASt management47 applications monitored

Active CASt Engagement

Driftwood Logistics

Baseline Spend Under Management: $6.3M

TTM Spend

$4.9M

NTM Forecast

$3.8M

Forward delta: $1.1M ($1.1M)

23%

Savings Rate

$1.1M

Forward Locked

Gate · Commit ResetTransportation mgmt commit reset @90d · FinOps + ops reconciliation
49 vendors under CASt management38 applications monitored

Active CASt Engagement

Evergreen Workforce Systems

Baseline Spend Under Management: $5.6M

TTM Spend

$4.2M

NTM Forecast

$3.3M

Forward delta: $0.9M ($0.9M)

25%

Savings Rate

$0.9M

Forward Locked

Gate · Identity GuardrailIdentity guardrail validation before HRIS renewal
41 vendors under CASt management37 applications monitored

Active CASt Engagement

Helios Energy Platforms

Baseline Spend Under Management: $9.1M

TTM Spend

$6.5M

NTM Forecast

$4.4M

Forward delta: $2.1M ($2.1M)

29%

Savings Rate

$2.1M

Forward Locked

Gate · Finance Sign-OffFinance sign-off pending billing-stop verification for SCADA tools
59 vendors under CASt management50 applications monitored

Active CASt Engagement

Lumina HealthGrid

Baseline Spend Under Management: $8.0M

TTM Spend

$5.4M

NTM Forecast

$3.7M

Forward delta: $1.7M ($1.7M)

33%

Savings Rate

$1.7M

Forward Locked

Gate · Architecture ReviewClinical data lake architecture review before expansion
56 vendors under CASt management48 applications monitored

Active CASt Engagement

NexaGov Solutions

Baseline Spend Under Management: $7.7M

TTM Spend

$5.4M

NTM Forecast

$4.0M

Forward delta: $1.4M ($1.4M)

30%

Savings Rate

$1.4M

Forward Locked

Gate · Benchmark PackageBenchmark package for managed service desk awaiting OP approval
53 vendors under CASt management41 applications monitored

Active CASt Engagement

Orion DataForge

Baseline Spend Under Management: $6.8M

TTM Spend

$4.9M

NTM Forecast

$3.7M

Forward delta: $1.2M ($1.2M)

28%

Savings Rate

$1.2M

Forward Locked

Gate · Negotiation PacketAnalytics renewal in 60d · CASt packet prepped for MQ vendors
48 vendors under CASt management40 applications monitored

Active CASt Engagement

PeakStreet Mobility

Baseline Spend Under Management: $7.0M

TTM Spend

$5.2M

NTM Forecast

$4.2M

Forward delta: $1.0M ($1.0M)

26%

Savings Rate

$1.0M

Forward Locked

Gate · Evidence EscalationUsage evidence escalation before fleet-telematics commitment
45 vendors under CASt management36 applications monitored

Active CASt Engagement

Quantum Harbor Analytics

Baseline Spend Under Management: $8.5M

TTM Spend

$5.5M

NTM Forecast

$3.5M

Forward delta: $2.0M ($2.0M)

35%

Savings Rate

$2.0M

Forward Locked

Gate · Board ReviewBoard review in 30d · data platform consolidation deck ready
60 vendors under CASt management46 applications monitored

Active CASt Engagement

Solace Finance Platforms

Baseline Spend Under Management: $6.9M

TTM Spend

$5.2M

NTM Forecast

$4.1M

Forward delta: $1.1M ($1.1M)

24%

Savings Rate

$1.1M

Forward Locked

Gate · Billing StopBilling-stop evidence required before treasury tooling renewal
47 vendors under CASt management39 applications monitored

Active CASt Engagement

VCMS Intelligence · Portfolio Vendor Leverage

VCMS gives sponsors a fund-level command center: every pillar tied to EBITDA math, every fund card showing realized vs forward impact, and clear ownership of the operating cadence.

Fund IV94% coverage

Deployed

$42M

Realized

$12.3M

Forward

$14.8M

Coverage = portion of portfolio companies executing the CASt operating model within this fund.

Fund V88% coverage

Deployed

$36M

Realized

$9.2M

Forward

$11.6M

Coverage = portion of portfolio companies executing the CASt operating model within this fund.

Co-Invest76% coverage

Deployed

$12M

Realized

$3.4M

Forward

$4.1M

Coverage = portion of portfolio companies executing the CASt operating model within this fund.

Baseline to Budget Visibility

Validated

Adjusted baseline refreshed 3/31; Fund V variance within ±1.5%.

Owner: CFO CouncilNext refresh 5/01

Renewal Governance

Escalate

3 auto-renew risks flagged in Mission Services backlog.

Owner: Operating PartnersEscalation call 4/08

Architecture Alignment

On Track

Zero Trust rubric adopted by 9/12 portcos; gap is Commercial Aviation.

Owner: Enterprise ArchitectsWorkshop 4/15

Managed Service Sustainment

Monitoring

Need updated billing-stop evidence for 2 exited vendors.

Owner: CASt MS TeamEvidence upload 4/05

Top 12 Strategic Vendors

  • Spend data pulls from CASt-managed contracts with TTM actuals normalized across Funds IV–V.
  • Vendors rank by leverage: shared category coverage, contract size, and governance readiness.
  • Savings momentum reflects Finance-validated impact plus near-term pipeline per vendor playbooks.
  • Risk signals capture consolidation gaps (license sprawl, duplicate platforms, utilization drag).

Microsoft

Cloud & Productivity

High Leverage

Spend

$12.4M

16% of strategic vendor spend

10 Portfolio Portcos

Renewal Phase

Q3 FY25 · Negotiation

Portfolio Coverage

92% Fund IV · 71% Fund V

Savings Momentum

$4.3M locked · $1.2M pipeline

Risk Signal

License sprawl (E3/E5 mix)

Platform Play

Advance M365 E5 + Defender consolidation across Funds IV/V.

Microsoft supports 10 portfolio companies with a total spend of $12.4M.

Portcos

AtlasGov · VectorCore · SummitOps · BeaconWorks · Northwind Secure · Halcyon Robotics · NovaGrid Health · Pinnacle Systems · Evergreen Nexus · Harborlight AI

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

AWS

Cloud Infrastructure

High Leverage

Spend

$9.7M

13% of strategic vendor spend

8 Portfolio Portcos

Renewal Phase

Q2 FY25 · Benchmarks

Portfolio Coverage

78% Fund IV · 55% Fund V

Savings Momentum

$3.1M reserved · $0.9M FinOps pipeline

Risk Signal

Underutilized GPU + data egress

Platform Play

Shift data lake + backups to reserved EC2 commitments.

AWS supports 8 portfolio companies with a total spend of $9.7M.

Portcos

SignalForge · BlueMarble Insights · Crestline Aviation · Orbital Freight · Verity Labs · TerraSpan Mining · LatticeBio · Axiom Fleet

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Salesforce

CRM & Data

High Leverage

Spend

$6.8M

9% of strategic vendor spend

6 Portfolio Portcos

Renewal Phase

Q4 FY24 · Pricing review

Portfolio Coverage

65% Fund IV · 40% Fund V

Savings Momentum

$2.6M locked · $0.7M consolidation

Risk Signal

Duplicate orgs + legacy automations

Platform Play

Decommission duplicate CRM orgs and retire Pardot legacy stack.

Salesforce supports 6 portfolio companies with a total spend of $6.8M.

Portcos

Helix Partners · Northstar Talent · Foundry Health · Sierra Support · RevTech Systems · Catalyst Reach

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Zscaler

Cybersecurity

High Leverage

Spend

$2.3M

3% of strategic vendor spend

7 Portfolio Portcos

Renewal Phase

Q1 FY25 · Benchmarking

Portfolio Coverage

58% Fund IV · 62% Fund V

Savings Momentum

$1.1M locked · $0.5M roadmap

Risk Signal

VPN retirement gap

Platform Play

Complete VPN-off program and enforce zero-trust baseline.

Zscaler supports 7 portfolio companies with a total spend of $2.3M.

Portcos

CitadelOps · Arcadia Rail · Nimbus Bio · Latitude Energy · Sentinel Harbor · Ironclad Logistics · Praxis One

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Smartsheet

Collaboration

Medium Leverage

Spend

$2.9M

4% of strategic vendor spend

5 Portfolio Portcos

Renewal Phase

Q2 FY25 · Alignment

Portfolio Coverage

44% Fund IV · 30% Fund V

Savings Momentum

$0.6M locked · $0.4M in flight

Risk Signal

Workspace sprawl

Platform Play

Rationalize PMO workspaces and push control center templates.

Smartsheet supports 5 portfolio companies with a total spend of $2.9M.

Portcos

Evergreen Field · Brightline Safety · Polaris Commerce · EchoWave Media · SummitPath Advisors

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Deltek

ERP & Finance

Medium Leverage

Spend

$5.3M

7% of strategic vendor spend

5 Portfolio Portcos

Renewal Phase

Q4 FY24 · Negotiation

Portfolio Coverage

52% GovCon segment

Savings Momentum

$1.8M locked · $0.5M pipeline

Risk Signal

On-prem overlap

Platform Play

Migrate GovCon sites to Costpoint Cloud + single chart of accounts.

Deltek supports 5 portfolio companies with a total spend of $5.3M.

Portcos

Ironcrest Defense · Triarch Consulting · Momentum Build · VectorBridge Logistics · HorizonSure Engineering

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Unanet

ERP & Project Mgmt

Medium Leverage

Spend

$3.9M

5% of strategic vendor spend

5 Portfolio Portcos

Renewal Phase

Q3 FY25 · Harmonization

Portfolio Coverage

41% services vertical

Savings Momentum

$0.9M PSA rationalization

Risk Signal

Reporting inconsistency

Platform Play

Standardize PSA + resource planning dashboards.

Unanet supports 5 portfolio companies with a total spend of $3.9M.

Portcos

Falconstone · Lumen Aero · Pathrise Networks · HarborPeak Marine · Quantum Ridge

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

ServiceNow

IT Operations

Medium Leverage

Spend

$4.6M

6% of strategic vendor spend

4 Portfolio Portcos

Renewal Phase

Q2 FY25 · Value proof

Portfolio Coverage

36% portfolio operators

Savings Momentum

$1.5M automation pipeline

Risk Signal

Module underutilization

Platform Play

Expand ITSM rollout with SecOps playbooks per portco.

ServiceNow supports 4 portfolio companies with a total spend of $4.6M.

Portcos

Cobalt Grid · Unity Rail · SkyQuest Travel · Axion Banking

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

UKG Pro

HR & Workforce

Medium Leverage

Spend

$5.2M

7% of strategic vendor spend

4 Portfolio Portcos

Renewal Phase

Q4 FY24 · Benchmark pack

Portfolio Coverage

48% workforce-intensive holdings

Savings Momentum

$1.2M benefits harmonization

Risk Signal

Parallel payroll stacks

Platform Play

Complete HRIS harmonization and benefits carrier feeds.

UKG Pro supports 4 portfolio companies with a total spend of $5.2M.

Portcos

PeopleSpan · CareUnity Health · Silvercrest Foods · Oak River Services

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Workday

HR & Finance

Medium Leverage

Spend

$6.2M

8% of strategic vendor spend

4 Portfolio Portcos

Renewal Phase

Q1 FY25 · Co-term request

Portfolio Coverage

33% finance-led portfolio

Savings Momentum

$2.1M close automation

Risk Signal

Dual-ledger complexity

Platform Play

Tighten close calendar with Adaptive planning sync.

Workday supports 4 portfolio companies with a total spend of $6.2M.

Portcos

SummitBridge Finance · Apex Medical · Cinderblock Supply · TerraPrime

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Oracle NetSuite

Cloud ERP

Medium Leverage

Spend

$4.1M

5% of strategic vendor spend

4 Portfolio Portcos

Renewal Phase

Q1 FY25 · Pricing lock

Portfolio Coverage

29% mid-market holdings

Savings Momentum

$1.0M procurement consolidation

Risk Signal

Fragmented subsidiaries

Platform Play

Deploy SuiteTax and shared procurement catalogs.

Oracle NetSuite supports 4 portfolio companies with a total spend of $4.1M.

Portcos

Latitude Retail · Driftline Marine · Beacon Analytical · CoreVista Lighting

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

SAP S/4HANA

ERP Core

High Leverage

Spend

$7.8M

10% of strategic vendor spend

5 Portfolio Portcos

Renewal Phase

Q3 FY25 · Transformation runway

Portfolio Coverage

22% industrials platform

Savings Momentum

$2.8M modernization value

Risk Signal

Custom code drag

Platform Play

Finish brownfield S/4 migration and carve-out legacy BW.

SAP S/4HANA supports 5 portfolio companies with a total spend of $7.8M.

Portcos

Titan Heavy · Meridian Rail · NovaChem · ClearWater Utilities · Everest Materials

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Zoom

Communications

Low Leverage

Spend

$1.8M

2% of strategic vendor spend

9 Portfolio Portcos

Renewal Phase

Q1 FY25 · Compression

Portfolio Coverage

80% go-to-market teams

Savings Momentum

$0.7M license compression

Risk Signal

Shadow conferencing tools

Platform Play

Reduce unused E5 add-ons and align with room licensing tiers.

Zoom supports 9 portfolio companies with a total spend of $1.8M.

Portcos

Brightline Safety · Northstar Talent · Momentum Build · Unity Rail · CareUnity Health · Inspire Wellness · Quasar Studios · Redline Security · Opus Financial

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Atlassian

Agile DevOps

Low Leverage

Spend

$1.4M

2% of strategic vendor spend

6 Portfolio Portcos

Renewal Phase

Q4 FY24 · Federation

Portfolio Coverage

58% product orgs

Savings Momentum

$0.9M seat governance

Risk Signal

Self-managed instances

Platform Play

Move disjointed Jira sites into enterprise federation.

Atlassian supports 6 portfolio companies with a total spend of $1.4M.

Portcos

Helix Partners · SignalForge · Verity Labs · SkyQuest Travel · MetroForge Games · Aurora Robotics

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Google Cloud

Infrastructure

Low Leverage

Spend

$2.1M

3% of strategic vendor spend

3 Portfolio Portcos

Renewal Phase

Q2 FY25 · Committed use

Portfolio Coverage

24% digital infra holdings

Savings Momentum

$0.8M GPU + CUD

Risk Signal

GPU spot volatility

Platform Play

Target GPU workloads + negotiated committed-use discounts.

Google Cloud supports 3 portfolio companies with a total spend of $2.1M.

Portcos

Orbital Freight · Falconstone · AtlasGov

Review the vendor dossier for portfolio-wide renewals, integration standards, and the portcos running this platform.

Vendor consolidation across the CASt Capital portfolio unlocks measurable negotiation leverage, synchronized renewals, and stronger compliance posture — amplifying CASt’s impact across technology and operations.

VCMS Intelligence — Portfolio Vendor Insights

Total Portfolio Spend

$78.5M

Across all portfolio companies

Average Savings Rate

29.6%

Weighted across categories

Average ROI Timeline

43 Days

To measurable financial impact

Total Vendor Spend

$78.5M

Across 10 portfolio companies

Top 10 Vendors

64% of Spend

Vendor concentration ratio

Optimization Potential

22%

Additional savings identified

VendorCategorySpendSavingsCompaniesStatus
MicrosoftCloud & Productivity$12.4M28%10Optimized
AWSCloud Infrastructure$9.7M22%8In Review
UKGHR & Workforce$5.2M33%5Optimized
ServiceNowIT Operations$4.6M25%4Active
SmartsheetCollaboration$2.9M30%6Optimized
SalesforceCRM & Data$6.8M18%7In Review
ZscalerCybersecurity$2.3M31%6Optimized
ZoomCommunications$1.8M27%9Optimized

Spend by Category (Bar View)

Portfolio Spend Distribution by Category

Total Managed Spend

$78.5M

Hover for details · Shows proportional vendor category mix across the portfolio

Spend & Optimization by Business Function

CFO · Finance

Annual Spend: $24.5M

38%

Savings Rate

CIO · IT & Cloud

Annual Spend: $22.8M

31%

Savings Rate

CISO · Security

Annual Spend: $12.8M

27%

Savings Rate

CHRO · HR Systems

Annual Spend: $8.2M

33%

Savings Rate

CMO · Marketing & Analytics

Annual Spend: $6.7M

25%

Savings Rate

CRO · Growth & Revenue

Annual Spend: $9.1M

29%

Savings Rate

COO · Operations

Annual Spend: $4.5M

29%

Savings Rate

C-Suite Spend Composition

Total C-Suite Managed Spend

$88.6M

Proportional technology spend ownership across executive functions · Hover for details

Anchor Vendor Strategies · CASt Capital Portfolio

Microsoft

Standardize M365/GCC posture, renewal lead times, and security add-ons; separate compliance from savings.

AWS

Unit-cost visibility, right-size commitments, tag discipline; count only measured run-rate deltas.

Zscaler

Govern zero-trust posture as control; right-size tiers without claiming compliance savings.

Salesforce

Map licenses to roles; rationalize add-ons; enforce renewal checkpoints.

Smartsheet

Consolidate workspaces, align admins, right-size plans; prevent auto-expansions.

Deltek

Tighten modules/seat allocation; reconcile project/cost codes to Finance taxonomy.

UKG Pro

Align HR/Payroll modules to active headcount/locations; change control on add-ons.

NextQuarter

Tie planning modules to actual usage; prevent scope creep; formalize renewal decisions.

Unanet

Standardize project accounting, timesheet, and cost-allocation structures; enforce license alignment with active contracts.

Portfolio Vendor Network · Overlap & Leverage

Cross-portfolio visibility into shared vendor relationships enables volume discounting, consistent posture, and unified renewal cycles.

VendorConnected Portfolio CompaniesPortfolio PenetrationLeverage Potential
MicrosoftAtlas CloudWorks, Beacon BioLogic, Cobalt Harbor Defense, Helios Energy Platforms, Lumina HealthGrid, NexaGov Solutions, Orion DataForge, PeakStreet Mobility, Quantum Harbor Analytics, Solace Finance Platforms10 / 10High
ServiceNowAtlas CloudWorks, Driftwood Logistics, Evergreen Workforce Systems, Helios Energy Platforms, Lumina HealthGrid, NexaGov Solutions, Orion DataForge, Solace Finance Platforms8 / 10High
SnowflakeAtlas CloudWorks, Beacon BioLogic, Driftwood Logistics, Lumina HealthGrid, NexaGov Solutions, Orion DataForge, Quantum Harbor Analytics, Solace Finance Platforms8 / 10High
AWSAtlas CloudWorks, Beacon BioLogic, Cobalt Harbor Defense, Helios Energy Platforms, NexaGov Solutions, Orion DataForge, PeakStreet Mobility, Quantum Harbor Analytics8 / 10High
ZscalerAtlas CloudWorks, Cobalt Harbor Defense, Helios Energy Platforms, NexaGov Solutions, PeakStreet Mobility5 / 10Medium
SmartsheetDriftwood Logistics, Evergreen Workforce Systems, Helios Energy Platforms, NexaGov Solutions, Solace Finance Platforms5 / 10Medium
Workday & UKGEvergreen Workforce Systems, Lumina HealthGrid, Beacon BioLogic, Solace Finance Platforms4 / 10Medium
SalesforceBeacon BioLogic, NexaGov Solutions, Orion DataForge, Quantum Harbor Analytics, Solace Finance Platforms5 / 10High

Savings & Optimization Trend · FY 2026 – FY 2027 Projection

Solid = cumulative savings · Dashed = optimization velocity · Gold markers = target goals