M&A diligence used to be an approach where lawyers would look through a plethora of documents to evaluate the performance and operations of a seller. Although there’s still plenty of work to be completed in the diligence process modern tools allow lawyers and other dealmakers to perform their analysis at speeds and efficiency levels that were not possible until today.
Tech Due Diligence
In this day and age of GDPR regulations and cybersecurity risks, performing tech due diligence is essential to the overall health of a business. In order to conduct thorough tech due diligence, it is important to examine the security of a software company and make sure they are in compliance with. It also involves analyzing the extent and strength of the company’s portfolio of intellectual property, and identifying any issues that could be.
During the acquisition it is crucial to know the financial structure of a company and ensure that all parties sqsapps.com are on the same page with respect to expectations. A thorough due-diligence exercise can reveal concerns such as overstated net losses, unreported taxes liabilities, non-filing risks, tax on wages and sales and use tax.
During the due diligence process, it’s important to establish a clear strategy to collect and share all relevant information. Having a set of playbooks that can be used by teams throughout the process can help keep everyone on the same page, and also ensures uniformity. Loopio’s team workspace and collaboration features are perfect to accomplish this goal, allowing teams stay focused on their tasks and not get distracted by other tasks.