In technology M&A transactions, what do buyers need, and what can sellers do to prepare? We discuss how to prepare for the M&A tech due diligence process.
On the buy side of a tech deal and want to better understand sellers? Selling a company and want to benefit from the experience of someone who’s been there (and been there and been there)?
Building a successful software company takes a lot of blood, sweat, and tears. When a liquidity opportunity presents itself, sellers want to make sure they get the best deal they can, and quickly. During due diligence, the potential acquirer will delve into all facets of the technology. The more prepared the sell side is, the fewer issues will arise, and the smoother the transaction will be.
What do buyers need, and what can prepared sellers do to streamline the process? Security, quality, and the intellectual property rights of the software are critical. Buyers, sellers, and their legal advisors need to be comfortable that no big technical issues will crop up post-close. Plus, they want to know that they have absolute and uncontested rights to the software assets—in particular, that there are no issues with open source licenses.
Irad Deutsch, CTO of Belong.Life, has successfully made it through the process with two companies and has it down to a science for his third. Join Irad and Synopsys’ Phil Odence as they discuss the seller’s perspective, lessons learned on the seller’s side, and how to prepare for the M&A tech due diligence process.
When: Available on demand
Who: Irad Deutsch, CTO, Belong.Life; Phil Odence, general manager of Black Duck Audits, Synopsys