IT due diligence is a comprehensive assessment of a company’s IT department given to a prospective buyer during mergers and acquisitions. It is generally performed for the investors to understand any potential flaws or risks in the IT function. Due diligence also identifies the strengths and weaknesses of the department, in areas such as software, processes, infrastructure and personnel.
In addition to assessing the current state of the technology, IT due diligence considers the cultural and interpersonal relationships between employees to ensure there are no conflicts within the department and that IT operations are running smoothly.
Assessing Your IT Operations
Here at Hartman Executive Advisors, we assist clients with IT due diligence solutions as a part of the mergers and acquisitions process. If you are searching for prospective company buyers, or are close to reaching terms with an investment group, our executive advisors will begin by examining your current IT function.
From there, we will attempt to discover any strong or weak areas to identify potential growth as well as potential risk. Benchmarking is utilized during the due diligence assessment in addition to SWOT analysis to determine company best practices after completion of the merger or acquisition.
Experienced IT Due Diligence Consulting
When preparing to transfer company ownership, it may be difficult for business owners to fully assess their company’s IT department. Hartman Executive Advisors will assist you through the entire due diligence process, from the initial analysis to the completion of a merger or acquisition.
Our team of experienced consultants will help you identify the possibility for growth, scalability and cost efficiency. Additionally, we will ensure that the IT due diligence assessment is thorough, including every possible detail that can be presented to the investors.