How does due diligence consulting protect your business against a bad acquisition?
More than $2 trillion is spent on M&As every year, yet failure rate is 70%-90%. Technology is an incredible source of capacity, competitiveness, innovation, quality, and agility. It is a competitive differentiator. But it can also be the reason for failure.
If your acquisition target provides services, their software coordinates workflow, customer service, builds loyalty, and tracks KPIs. If your acquisition target creates products, their software controls production, stock management, marketing, sales, and distribution. Most organizations are driven and supported by software. In many ways, every company is a software business, which exemplifies the importance of technical due diligence.
To protect your acquisition from the wrong technology fit, Sphere’s team of due diligence consulting experts work closely with your M&A team to provide an unbiased evaluation of your potential target.