By Jonathan Caforio, Principal, Technology and Management Consulting, RSM US LLP
Companies that want to achieve growth and manage risk today must have a solid technology strategy. For deal-makers looking to buy a company or a company readying itself for a sale, typical due diligence entails a review of the company’s financials, taxes, operations and legal standing.
Even though technology has become more central to operations of most companies, some buyers and company owners are not taking the time to understand the company’s technology platform, which could lead to undesirable results later on down the road. As one industry expert put it: “It’s like buying a car that looks great, but never checking the motor. You need to look under the hood.”
Technology is at the very core of all businesses today and buyers, in particular, need to review all potential investment opportunities with a technology strategy in mind. It’s important to note that this is not relegated to certain industries. Across all industry verticals technology is both an enabler of top-line growth and bottom-line savings, as well as a first line of defense for security and privacy concerns. Learn more about how technology can optimize portfolio growth and minimize risk. This article represents the author's views only and doesn't necessarily represent the views of PitchBook.