M&A diligence was an approach where lawyers would sift through piles of papers to determine the operation and performance of the seller. Although there's still a lot of work to be done in the diligence process, modern technology allows lawyers and other dealmakers to perform their analysis at rates and efficiency that were not possible until today.

Tech Due Diligence

In an age of cybersecurity and GDPR regulations, performing tech due diligence is vital to the health of a business. A proper due diligence process in tech involves assessing a software company's security and ensuring that they're conforming to GDPR regulations. It also examines Full Article the extent and strength of the company's intellectual property, as well as identifying any potential issues.

When acquiring a company, it is important to know the financial structure of a company and ensure that all parties have similar expectations. A thorough due diligence exercise can reveal issues such as overstated net operating losses, unreported tax liabilities, non-filing exposures, payroll taxes as well as sales and use tax and property taxes.

During the due-diligence procedure, it is important to have a plan in place for collecting and sharing all relevant information. The use of playbooks that can be utilized by teams throughout the process helps to ensure that everyone is on the same page and helps ensure continuity. Loopio's team workspaces and collaboration features help teams focus on their jobs and not get distracted by other tasks.