Loopio – M&A Due Diligence Software
Not too long ago, M&A due diligence meant lawyers sifting through literal piles of papers to analyze the operations of a seller. Modern tools allow lawyers and other dealmakers to perform their analyses with speed and efficiency previously unattainable.
Tech Due Diligence
In the age of cybersecurity risks and GDPR regulations, conducting due diligence on tech is essential to ensure the health of a business. A thorough due diligence process in tech involves evaluating a software business’s security and ensuring they are compliant. It also involves analyzing the strength and scope of the company’s portfolio of intellectual property, as well as identifying any potential problems.
When acquiring a company during the acquisition, it is crucial to understand the financial structure of a company and ensure that all parties are on the same page with respect to expectations. A thorough due diligence exercise can reveal concerns like overstated net operating losses, unreported tax liabilities, non-filing exposures, taxes on payroll as well as sales and use tax and property taxes.
During the due diligence process, it’s vital to have a clearly defined plan to gather and share all relevant information. The use of playbooks that can be utilized by teams throughout the process can help keep everyone on the same page and helps https://sqsapps.com/pi-toolbox-user-guide ensure continuity. Loopio’s team workspace and collaboration features are perfect for this purpose, helping teams focus on their work and not get distracted by other tasks.