Have you heard of due diligence for mergers and acquisitions or otherwise known as M&A? Well, if you haven’t, it’s defined as the process during a business transaction where the buyer can learn and verify information about a candidate seller.
As you can imagine, this process is critical for any buyer, so they can avoid bad outcomes down the road.
One Financial Tech company or FinTech that’s changing the landscape of how M&A is completed is DiliVer.
Essentially, any company involved in an M&A transaction that wants to evaluate the seller, can use Diliver’s software to conduct due diligence using enterprise-wide metric-based scorecard system instead of the typical M&A due diligence checklist.
The secret to Diliver’s success has been surrounding themselves with great people and great partners. Their executive team has been together from the start and have made an exceptional advisory board. In addition, they’ve had excellent partners such as John Hopkins University, Founder Institute, The Center for Advancing Innovation, Angel to Exit and Mindshare.
Two of Diliver’s investor partners who also do strategic efforts are KiwiTech and Piranha Tank.
CEO, Neik Kleinberg’s view and ideal solution for the next century is to obtain an integrated solution of M&A packages where at least four main ones which would include Diliver’s for due diligence, virtual data room, and some type of workflow software. Those minimum qualities combined under one tent, fully integrated for a cost effective solution that doesn’t exist today.
If you’d like to learn more, head to diliver.com today.