M&A Advisor Tip: COVID-19 Era Due Diligence, Part 2
M&A buyers are still active in the midst of our uncertain environment. However, they are mindful of added risks caused by COVID-19.
These are some technology-related questions that are likely to come up in future due diligence due to COVID-19:
- Do employees have the ability to work remotely – without frustrating workarounds?
- Does the IT system have sufficient capacity to support remote operations?
- Are further developments necessary to sustain a long-term virtual environment?
- Are security measures sufficient in a time of increased scams and attacks?
Business owners looking to sell should review their current practices now, so they’re prepared to address buyer concerns.
For further information or to discuss a current need, contact Al Statz, 707-781-8580 or alstatz@exitstrategiesgroup.com.